How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
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As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
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.
Boulder's Jewish Festival is a celebration of culture, heritage and religion. But this year, it also served to honor those injured and killed in a firebombing attack at Pearl Street Mall last year.
Colorado's low snowpack and prolonged drought conditions prompted Gov. Jared Polis to declare a statewide drought emergency on Thursday.
The Dog Aging Project is working to help dogs live longer, healthier lives. The research results may help humans age well, too.
The Rowe family dog Ralph was one of many canines with dementia who participated in a study of rapamycin. Scientists were able to gain new insight into the drug's potential as a treatment by studying his brain.
A man was arrested Saturday after the Boulder County Sheriff's Office says he threatened a couple during a road rage incident, inciting them to fire a gun at him in self-defense.
Boulder's Jewish Festival is a celebration of culture, heritage and religion. But this year, it also served to honor those injured and killed in a firebombing attack at Pearl Street Mall last year.
Colorado's low snowpack and prolonged drought conditions prompted Gov. Jared Polis to declare a statewide drought emergency on Thursday.
A man was arrested Saturday after the Boulder County Sheriff's Office says he threatened a couple during a road rage incident, inciting them to fire a gun at him in self-defense.
RTD is making changes to its rail service in Denver starting Sunday as the Downtown Rail Reconstruction Project begins.
Fresh off the conclusion of the 79th Annual Tony Awards, many of the productions recognized on Broadway are expected to make their way to Denver.
Colorado's low snowpack and prolonged drought conditions prompted Gov. Jared Polis to declare a statewide drought emergency on Thursday.
A conference highlighting the next generation of artificial intelligence is taking place in Denver this weekend. The Conference on Computer Vision and Pattern Recognition looks at different forms of AI and its possible uses.
Over 200 artists are turning the pavement into art this weekend at Denver's Golden Triangle Creative District. A mosaic at Denver's Chalk Art Festival is celebrating Colorado's 150th anniversary.
RTD is making changes to its rail service in Denver as the Downtown Loop Project enters its next phase.
Community members are holding a healing circle at the Montbello Recreation Center ahead of its reopening. The center has been closed since a fatal shooting in front of the center on May 21.
Since the end of its final racing season, Colorado's historic Bandimere Speedway has been slowly dismantling as it prepares to open a new racetrack in Hudson. Now, demolition has begun on one of its most iconic buildings.
Ned Jarrett was inducted into the NASCAR Hall of Fame in 2011 after 50 career wins on the sport's top circuit.
Denver Broncos outside linebacker Jonathon Cooper has been arrested and accused of domestic violence.
Russell Wilson announced in a video on social media that he's retiring from the NFL after 14 seasons.
With voter support, a passenger rail stop at Burnham Yard could become part of the future Denver Broncos stadium development.
With the unemployment rate for young workers about twice as high as the national average, "Sunday Morning" talks with recent graduates from across the country about how AI is affecting both their prospects and the hiring process itself.
Hegseth's speech echoed broader Trump administration rhetoric over border security and migration in Europe.
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Ned Jarrett was inducted into the NASCAR Hall of Fame in 2011 after 50 career wins on the sport's top circuit.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Colorado now has its first law restricting how AI chatbots can interact with kids.
CBS Colorado hosted two of the three candidates running for governor in a debate as the Colorado primary draws near.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
Colorado residents can now legally prepare and sell a wider range of homemade foods under a new law signed by Gov. Jared Polis.
Gov. Jared Polis signed legislation inspired by the family of cyclist Magnus White that requires law enforcement officers to offer a voluntary breath test to drivers involved in crashes with serious injuries or fatalities.
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The first human case of West Nile virus in Colorado this year has been reported in Jefferson County.
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
With the unemployment rate for young workers about twice as high as the national average, "Sunday Morning" talks with recent graduates from across the country about how AI is affecting both their prospects and the hiring process itself.
A Colorado-based space technology company has secured a major NASA contract that could play a key role in future missions to the moon.
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Wildfires are top of mind for many Colorado communities and homeowners. While residents are considering mitigation efforts, a wildfire protection company, called CitroTech, has now relocated its headquarters to Greenwood Village.
Brandin Kreuzer, the man whose 50-year prison sentence for shooting a sheriff's deputy was commuted by Colorado's governor, says he is ashamed of the violence he committed as a 19-year-old.
Construction on a much-anticipated 10-acre entertainment district in Glendale has come to a halt, with the developer and the city accusing each other of being responsible for the project going off the rails.
An Aurora fire lieutenant will remain demoted after he and a fellow firefighter ran an Aurora police sergeant off the road with a fire truck last year.
A confidential investigative report commissioned by the City of Denver alleges a high-ranking Denver police division chief was "severely abusive."
The City of Denver and the parent company of the Denver Post have reached a tentative agreement to resolve a major lease dispute over the iconic downtown building that bears the newspaper's name, CBS News Colorado has learned.