The Fed, 10 years after the Great Recession
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his "60 Minutes" interview with former Fed Chair Ben Bernanke in 2009.
Watch CBS News
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his "60 Minutes" interview with former Fed Chair Ben Bernanke in 2009.
Although first skeptical of the financial policy enacted by predecessor Ben Bernanke, Fed Chair Jerome Powell now realizes the risks never came to pass.
On Monday, former Federal Reserve Chair Ben Bernanke was awarded the Nobel Prize in Economic Sciences. In 2009, Bernanke told 60 Minutes, "The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis."
On Monday, former Federal Reserve Chair Ben Bernanke was awarded the Nobel Prize in Economic Sciences. In 2009, Bernanke told 60 Minutes, "The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis."
Ben Bernanke, Douglas W. Diamond and Philip H. Dybvig got the Nobel Prize in economics "for research on banks and financial crises."
Former Federal Reserve chairman Ben Bernanke joins CBSN to discuss the government spending bill and President Trump's challenges with economic growth.
China’s stock market is trying to recover after its recent meltdown. Norah O’Donnell spoke with the former chairman of the Federal Reserve, Ben Bernanke, who discussed the country with the world’s second largest economy and if it could pose a risk to the U.S. economy. Watch the full report this Sunday, September 27 on “Sunday Morning.”
Former Federal Reserve Chair Ben Bernanke says instead of having a woman replace Alexander Hamilton on the $10 bill, we should replace Andrew Jackson on the $20 bill. CBSN's Kristine Johnson and Vladimir Duthiers have more.
Ben Bernanke tells Scott Pelley what the Fed is doing to help fix the current economic crisis and when he expects the crippling recession to end.
If you think your job is tough, consider Ben Bernanke's. As Chairman of the Federal Reserve, the task of reviving the U.S. economy falls largely on his shoulders. Scott Pelley has the interview.
"Can the president fire you?" Scott Pelley asked the Fed chair and Trump Twitter target. "No," Jerome Powell answered
Correspondent Scott Pelley interviews Powell along with his predecessors Ben Bernanke and Janet Yellen
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
Former Fed Chair Ben Bernanke and former Treasury Secretaries Tim Geithner and Hank Paulson talk about the new documentary, "Panic: The Untold Story of the 2008 Financial Crisis"
Geithner and fellow financial crisis vets Paulson and Bernanke agree U.S. ill-prepared to combat inevitable next crisis
With the weight of the U.S. economy falling largely on his shoulders, Scott Pelley speaks with Federal Reserve Chairman Ben Bernanke; Lesley Stahl profiles Alice Waters and her "slow food" revolution; And, Andy Rooney on the era of newspapers.
The former Federal Reserve chair recalled her "error in judgement" during a talk with her predecessor, Ben Bernanke
America's first female central bank head was instrumental in helping keep the economic recovery on track
What the economy really needs is a raft of policies aimed at helping Americans climb the ladder, former Fed chief says
In the new afterword to his memoir, the former Fed chairman reflects on candidate Trump's "dystopian assessment of the U.S. economy"
With its sleepy interest rate hikes finally picking up speed, trimming its bloated balance sheet will be even trickier
It sets its target rate relative to what's called the natural interest rate, and if that stays low, the Fed is in a bind
In addition to the former Fed chair, the bond fund giant has named ex-ECB head Jean-Claude Trichet as a board member
The former Federal Reserve chief quips he would "absolutely" accept job of Major League Baseball commissioner if asked
Regarding the financial crisis, he says, what "went wrong or was illegal was done by some individual, not by an abstract firm"
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996.
Asked what he said to Israel's leader about a decision to hold off on new Iran strikes, Trump said Netanyahu will "do whatever I want him to do."
A federal judge ordered White House staff and President Trump's top advisers to comply with a law that requires certain presidential records to be preserved.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
Former CIA Director John Brennan is the subject of two criminal probes being led by the Miami-area U.S. Attorney's Office.
The Russian jets intercepted the U.K. aircraft with one jet flying as close as 19 feet to the British plane's nose, officials said.
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
Harvard University faculty members voted to cap the number of A's awarded to students in an effort to make the grades more meaningful.
Cassidy, who lost his reelection bid last week, called for leaders who are "steady, not erratic" and "thoughtful, not impulsive."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
Former CIA Director John Brennan is the subject of two criminal probes being led by the Miami-area U.S. Attorney's Office.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
Comedian and media mogul Byron Allen brings "Comics Unleashed" to CBS's late night slot, replacing "The Late Show With Stephen Colbert."
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
U.S. government bonds are sagging as investors fret that hotter inflation will keep interest rate cuts on hold.
Gas prices, airfares, accommodations and other vacation essentials are more expensive this year compared to last year.
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
Cassidy, who lost his reelection bid last week, called for leaders who are "steady, not erratic" and "thoughtful, not impulsive."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
Former CIA Director John Brennan is the subject of two criminal probes being led by the Miami-area U.S. Attorney's Office.
A federal judge ordered White House staff and President Trump's top advisers to comply with a law that requires certain presidential records to be preserved.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
The Russian jets intercepted the U.K. aircraft with one jet flying as close as 19 feet to the British plane's nose, officials said.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996 — an escalation in the U.S. pressure campaign against the Cuban government.
Italy and France have summoned the Israeli ambassadors in their respective capitals after Itamar Ben-Gvir, his national security minister, posted the video.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
Comedian and media mogul Byron Allen brings "Comics Unleashed" to CBS's late night slot, replacing "The Late Show With Stephen Colbert."
Ahead of the premiere of "The Late Show" in August 1993, host David Letterman sat down with "CBS This Morning" to discuss his break from his previous late night show, what viewers could expect from his CBS debut and more.
Comedian and media mogul Byron Allen sits down with "CBS Mornings" to discuss his show "Comics Unleashed" and its transition into the CBS late night spot.
Actress Michelle Monaghan joins "CBS Mornings" to talk about her 24-hour wellness cycle and why it's important to get quality sleep and consistent energy. (Sponsored by Natrol)
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Artificial intelligence is prompting Google to change its iconic search bar for the first time in more than 25 years. Mashable tech editor Tim Werth joins CBS News to discuss.
The Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
Acting Attorney General Todd Blanche announced murder and conspiracy charges Wednesday against former Cuban leader Raúl Castro and five others over the downing of two planes in 1996.
Larry Bushart, who spent 37 days in jail over his Facebook post about the assassination of conservative activist Charlie Kirk, will get $835,000 to settle a lawsuit against Tennessee officials. CBS News' Shanelle Kaul reports.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
More details are emerging on the victims and two gunmen from the deadly shooting at the Islamic Center of San Diego. Lana Zak reports.
More details are emerging about the shooters who attacked the Islamic Center of San Diego on Monday, where three people died. CBS News' Lana Zak reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The World Health Organization said the Ebola outbreak in the Congo has been circulating for at least two months and will likely continue to grow. CBS News medical correspondent Dr. Céline Gounder has more information.
The Justice Department has charged former Cuban President Raúl Castro in the latest point of pressure on the island nation. CBS News intelligence and national security reporter Olivia Gazis has more.
President Trump's settlement with the IRS is getting mixed reactions from some Republicans and fierce pushback from Democrats. Former Republican Rep. Peter Meijer of Michigan and Democratic strategist Cameron French join with analysis.
From 1979, Morley Safer's report on the faraway atolls of the Maldives, where he stumbled across an unusual story of crime and punishment. This week marks 10 years since the 60 Minutes correspondent died.
Iran's Revolutionary Guard warns that if the U.S. or Israel resume attacks, it would push the war "beyond the region." Ian Bremmer, president and founder of the Eurasia Group, joins with analysis.