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.
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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.
Federal investigators and Denver police are continuing to piece together what led up to a deadly runway incident at Denver International Airport in which a trespasser was struck and killed by a departing Frontier Airlines plane.
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.
Moving forward, the focus will be on safety and security.
Water service has now been restored to the historic mountain city of Victor after nearly a week of outages tied to catastrophic failures in the city's aging water system.
As part of National Water Safety Month, the YMCA of Metro Denver is giving important instructions on how to stay safe.
Federal investigators and Denver police are continuing to piece together what led up to a deadly runway incident at Denver International Airport in which a trespasser was struck and killed by a departing Frontier Airlines plane.
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.
Moving forward, the focus will be on safety and security.
Water service has now been restored to the historic mountain city of Victor after nearly a week of outages tied to catastrophic failures in the city's aging water system.
As part of National Water Safety Month, the YMCA of Metro Denver is giving important instructions on how to stay safe.
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.
Federal investigators and Denver police are continuing to piece together what led up to a deadly runway incident at Denver International Airport in which a trespasser was struck and killed by a departing Frontier Airlines plane.
Moving forward, the focus will be on safety and security.
Water service has now been restored to the historic mountain city of Victor after nearly a week of outages tied to catastrophic failures in the town's aging water system. However, a boil order remains in place.
Joe Ruch is tracking a big warming trend across Colorado.
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.
The last time a horse won the Triple Crown was in 2018.
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.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
A hacking group named ShinyHunters claimed responsibility for the Canvas breach and threatened to leak data involving 275 million individuals if schools did not pay a ransom.
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.
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.
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.
Justice Samuel Alito extended an administrative stay that maintained access to mifepristone through the mail.
Elon Musk, Tim Cook and other high-powered business leaders have been invited to be a part of the U.S. delegation traveling to China this week.
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 larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
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.