Powell says the Fed was served DOJ subpoenas over building renovations
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
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The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
Financial markets slumped Friday after President Trump threatened to raise tariffs on China over a dispute involving rare earths.
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Investors will be closely eyeing Powell's speech in Jackson Hole on Friday to see if the Fed chair hints at a potential rate cut at the central bank's next meeting.
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
The President's criticism comes a day after the Federal chair said the time isn't yet right for a rate cut.
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
The Federal Reserve is leaving its benchmark interest rate unchanged as investors look for signals that a cut is imminent.
After two years of rate hikes, Americans are coping with higher costs for all kinds of loans. Here's what to expect from the Fed today.
Officials want more data to be confident that inflation is abating, according to the minutes of their July 25-26 meeting.
Xcel Energy says power is being restored gradually to the customers in Northern Colorado who are in an area where planned power outages went into effect on Friday.
DougCo Alert is able to provide more information to both residents and first responders than the previous alert system.
Some residents and businesses in southeast Denver were without landline phone service for more than a week, leaving many frustrated by what they described as a lack of communication from service provider CenturyLink.
A second person who was shot at a party in Denver celebrating the arrest of former Venezuelan leader Nicolás Maduro nearly two weeks ago has died.
From learning English here, to succeeding in sports, and building a growing business that's now employee-owned, Mowa Haile says he loves Colorado's sense of community.
Xcel Energy says power is being restored gradually to the customers in Northern Colorado who are in an area where planned power outages went into effect on Friday.
DougCo Alert is able to provide more information to both residents and first responders than the previous alert system.
Some residents and businesses in southeast Denver were without landline phone service for more than a week, leaving many frustrated by what they described as a lack of communication from service provider CenturyLink.
A second person who was shot at a party in Denver celebrating the arrest of former Venezuelan leader Nicolás Maduro nearly two weeks ago has died.
From learning English here, to succeeding in sports, and building a growing business that's now employee-owned, Mowa Haile says he loves Colorado's sense of community.
DougCo Alert is able to provide more information to both residents and first responders than the previous alert system.
Some residents and businesses in southeast Denver were without landline phone service for more than a week, leaving many frustrated by what they described as a lack of communication from service provider CenturyLink.
A second person who was shot at a party in Denver celebrating the arrest of former Venezuelan leader Nicolás Maduro nearly two weeks ago has died.
From learning English here, to succeeding in sports, and building a growing business that's now employee-owned, Mowa Haile says he loves Colorado's sense of community.
Watch Dave Aguilera's Forecast
Itsuko Cobb began blinging her own Colorado sports apparel nearly two years ago, starting with Denver Nuggets' jerseys, and the response to them was overwhelming.
Devin Hayes first started building his Broncos Room, or fan cave, when his family moved into their Westminster home. This is actually Hayes' second Broncos Room.
The Denver Broncos are playing against the Buffalo Bills, and the Denver Nuggets are playing against the Washington Wizards on Saturday.
A new report from the Metro Denver Economic Development Corporation estimates the divisional round matchup against the Buffalo Bills, and a potential AFC Championship game, could generate more than $60 million in economic activity across the city.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
Federal prosecutors are investigating Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey for allegedly impeding immigration agents, sources told CBS News.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
The Justice Department says it also added about 80 more attorneys this week to help review the Epstein files to be released.
Gov. Jared Polis took a long stroll down memory lane during his final State of the State address Thursday.
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
The Trump administration reversed cuts to grants for mental health and addiction treatment programs that a CBS News source said were valued at around $1.9 billion.
This year, AdventHealth says it will roll out close to 800 cameras in hospital rooms and urgent care centers across Colorado to add a virtual layer of care.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
Some residents and businesses in southeast Denver were without landline phone service for more than a week, leaving many frustrated by what they described as a lack of communication from service provider CenturyLink.
From learning English here, to succeeding in sports, and building a growing business that's now employee-owned, Mowa Haile says he loves Colorado's sense of community.
Itsuko Cobb began blinging her own Colorado sports apparel nearly two years ago, starting with Denver Nuggets' jerseys, and the response to them was overwhelming.
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Canada's Prime Minister Mark Carney said China has become a more predictable partner to deal with than the U.S., the country's neighbor and longtime ally.
At 71 years old, facing a terminal diagnosis, Colorado resident Tom Pringle has one more thing he wants to do before he dies: help other people in similar situations by trying an experimental drug to treat his ALS, also known as Lou Gehrig's disease.
The families of three nonverbal students who were physically abused by a bus aide while traveling to school in Colorado have filed a lawsuit against their children's former school.
Many people who responded to a state survey regarding Xcel's Public Safety Power Shutoffs last month expressed dissatisfaction with Xcel's approach on Dec. 17 and Dec. 19, believing the utility overreacted.
State regulators said the text message from Christian Hatfield, the former district attorney for Colorado's 22nd Judicial District, "caused the staff member emotional harm."
A Venezuelan national suspected in a string of attempted armed robberies in 2024 in Denver's ritzy Cherry Creek North neighborhood has been apprehended in Detroit, according to police and prosecutors.