Senate Banking Committee advances Kevin Warsh's nomination for Fed chair
Senators voted along partisan lines, with Republicans backing Warsh's nomination to lead the Fed and Democrats on the panel opposing him.
Watch CBS News
Senators voted along partisan lines, with Republicans backing Warsh's nomination to lead the Fed and Democrats on the panel opposing him.
The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
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.
A two-alarm fire heavily damaged an apartment building in southeast Denver on Wednesday afternoon. One person was injured and taken to the hospital.
A dozen suspects have been arrested in Colorado in connection with a card-skimming crime ring.
A Colorado judge has ruled that ICE has continued to make unlawful warrantless arrests despite an injunction and has ordered them to take additional training.
A Cybertruck crashed into the Primrose School in Lone Tree on Wednesday morning, sparking a fire that ignited the building.
A high school student in Aurora is facing charges after he was accused of bringing a loaded gun into Overland High School on Wednesday morning.
A two-alarm fire heavily damaged an apartment building in southeast Denver on Wednesday afternoon. One person was injured and taken to the hospital.
A dozen suspects have been arrested in Colorado in connection with a card-skimming crime ring.
A Colorado judge has ruled that ICE has continued to make unlawful warrantless arrests despite an injunction and has ordered them to take additional training.
A Cybertruck crashed into the Primrose School in Lone Tree on Wednesday morning, sparking a fire that ignited the building.
A high school student in Aurora is facing charges after he was accused of bringing a loaded gun into Overland High School on Wednesday morning.
The leak happened near Mainstreet and Chambers Road in Parker.
UCHealth held the contest outside Ball Arena before the Game 5 showdown between the Avalanche and the Wild.
A fire started out at an apartment building in Denver on Wednesday afternoon and sent up a significant amount of smoke.
A Colorado judge has ruled that ICE has continued to make unlawful warrantless arrests despite an injunction and has ordered them to take additional training.
An Overland High School student was tackled by a school resource officer in the hallway and a loaded gun was recovered.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
The Broncos are kicking off the season in primetime. Denver will travel to Kansas City to play the Chiefs in Week 1 on Monday Night Football.
Craig Morton, who spent 18 years in the NFL and became the first quarterback to start the Super Bowl for two franchises — the Dallas Cowboys and Denver Broncos — has died.
Grandview High School has produced many professional athletes, including professional baseball players. This year, the school has a pitcher who is gaining a lot of national attention, named Ethan Wachsmann.
Two future WNBA players have played at Grandview High School in Aurora over the past ten years, and the school has won 5 CHSAA State titles.
Alex Murdaugh was convicted of his killing his wife and his son at the family's home in 2021.
The Trump Organization says its former Australian construction partner is just distracting from "his own defaults and failures" as he bails on plans for a Trump Tower.
A CBS News review of internal government documents and information provided to Congress shows immigration detention facilities at Guantanamo Bay are nearly empty.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
A Chinese manufacturing giant tells CBS News how its sprawling factory runs with a fraction of the human workforce previously required.
The Trump Organization says its former Australian construction partner is just distracting from "his own defaults and failures" as he bails on plans for a Trump Tower.
A CBS News review of internal government documents and information provided to Congress shows immigration detention facilities at Guantanamo Bay are nearly empty.
In November, Coloradans will get the chance to vote on a ballot measure to update the state's revenue cap and invest more money into K-12 education.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
Virginia Democrats asked the Supreme Court to restore its congressional map that aimed to give Democrats an edge in the midterms, days after it was blocked by the state's highest court.
Part of the problem starts before clinicians ever see a patient.
Jay Bhattacharya, the acting director of the Centers for Disease Control and Prevention, told CBS News that the hantavirus outbreak should be treated differently from COVID.
Most of the Americans who were on a cruise ship hit by a hantavirus outbreak were taken to specialized facilities at the University of Nebraska Medical Center.
Twenty-four out of Colorado's nearly 180 school districts have earned special recognition for asthma preparation and education.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
A Chinese manufacturing giant tells CBS News how its sprawling factory runs with a fraction of the human workforce previously required.
"I'd been checking the status feverishly to see if anything was in my bank account," one small business owner said.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
Glendale city leaders are forcefully opposing Colorado's proposed Bus Rapid Transit project on Colorado Boulevard, warning the plan could dramatically worsen traffic for drivers while delivering only modest transit gains.
A jury in Douglas County awarded a New Jersey man $24 million after he sued a Parker police detective for malicious prosecution and false arrest.
A Denver County Court judge on Friday sentenced a vocal police critic to 60 days in jail and two years of probation, saying he needed to send a message that would deter her and her YouTube followers from future doxing of law enforcement.
City-funded contractors have been moving through Denver neighborhoods, replacing sections of sidewalks, frustrating some homeowners. The work was part of a broader program aimed at making city sidewalks more usable and accessible.
While touring the Marvin Foote Youth Services Center, Colorado state officials described the efforts behind massive changes being made to operations across juvenile detention facilities statewide.