Fed Chair Jerome Powell: America is going back to work

Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.

• Apr 12, 2021

Fed Chair on federal budget

When asked if continued spending on infrastructure and COVID-19 relief could set off inflation, Jerome Powell said he doesn't "see that now" and the economy needs to fully recover before spending levels "return to a sustainable path."

• Apr 11, 2021
• 1:57

Fed Chair on Archegos collapse

The Chairman of the Federal Reserve said the fallout from the collapse of Archegos Capital, its investments included ViacomCBS, was the result of a "risk management breakdown" and the Fed will take a closer look "to make sure it never happens again."

• Apr 11, 2021
• 2:38

Fed Chair on U.S. digital dollar

Jerome Powell said a potential U.S. digital dollar is being evaluated by the Federal Reserve, and it would require careful consideration before being introduced. When asked if the rise of cryptocurrencies was a motivation, he said they are not "concerning at this point."

• Apr 11, 2021
• 3:11

Fed discussed how bad it would get

With COVID-19 wreaking havoc on the U.S. economy a year ago, Jerome Powell and his advisors at the Fed considered the possibility of a Great Depression scenario.

• Apr 11, 2021
• 1:47

Jerome Powell: Full 2021 60 Minutes interview transcript

The complete text of Scott Pelley's interview with the Federal Reserve chairman.

• Apr 11, 2021

Fed Chair Jerome Powell on Archegos collapse

In a conversation with Scott Pelley about the economic outlook, Powell also commented on the fallout from the Archegos Capital collapse, last year's bailout of money market funds, and the potential development of a U.S. digital dollar.

• Apr 11, 2021

Jerome Powell: The 2021 60 Minutes Interview

Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.

• Apr 11, 2021
• 13:01

Pelosi says "the door is open" for bipartisan infrastructure bill

Pelosi, however, batted down the suggestion that the $2 trillion plan be trimmed down to earn Republican support.

• Apr 11, 2021

Pelosi: "Door is open" for cooperation on infrastructure

House Speaker Nancy Pelosi says Democrats' "hand is extended" to Republicans as Congress prepares to act on President Biden's infrastructure proposal.

• Apr 11, 2021
• 8:46

COVID economic crisis shows signs of slowing

CBS News senior national correspondent Mark Strassmann reports from Georgia on COVID-19's impact on the U.S. economy.

• Apr 11, 2021
• 3:01

Fed chair says economy set to make turnaround

Powell spoke with Scott Pelley Wednesday for a report airing tonight on 60 Minutes.

• Apr 11, 2021
• 0:28

The French have taken to showing national symbols in defiance of the Paris attacks

The French have taken to showing national symbols in defiance of the Paris attacks. This is great for flag makers, but as CBS correspondent Elizabeth Palmer reports, much of the rest of the economy is struggling.

• Nov 22, 2015
• 2:08

The full episode of the CBS Evening news from November 8, 2015 edition

U.S. intelligence officials say it was "likely a bomb" that brought down the Russian passenger jet over Egypt, but they can't be entirely sure since they haven't examined the evidence first-hand; tattoos are no longer rare, you can find them in nearly every segment of society

• Nov 8, 2015
• 14:33

The labor department announced the U.S. economy added 271,000 jobs last month, the strongest growth so far this year

The labor department announced the U.S. economy added 271,000 jobs last month, the strongest growth so far this year. Unemployment dropped to five percent, the lowest since 2008. Now that salaries are starting to go up, new employee perks are being offered as well. Jill Schlesinger has a report.

• Nov 8, 2015
• 2:11

Now that 271,000 jobs were created in October and unemployment has dropped to five percent, Anthony Mason discusses how the good news may push interest rates up

Now that 271,000 jobs were created in October and unemployment has dropped to five percent, Anthony Mason discusses how the good news may push interest rates up.

• Nov 6, 2015
• 1:09

White House plans to drive growth with big spending

President Biden unveiled the first part of his multi-trillion dollar economic agenda this week, announcing $2 trillion for upgrading America's infrastructure. Jacob M. Schlesinger, a senior Washington correspondent for the Wall Street Journal, discusses Biden's unique approach to the plan.

• Apr 9, 2021
• 6:51

China creates its own digital currency

In a first for a major economy, China has created its own form of digital currency. Some economists say this will boost the yuan's global presence and also potentially weaken the dollar. Emily Parker, managing director at Coindesk, joins CBSN's Tanya Rivero with a closer look at the potential impact.

• Apr 9, 2021
• 5:27

Stimulus cash could help save public jobs

More than 1.2 million public sector workers are out of a job thanks to the pandemic.

• Apr 9, 2021

IMF's Gita Gopinath on financial recovery in the wake of COVID-19

On "Facing Forward," Margaret Brennan talks with IMF Chief Economist Gita Gopinath on worldwide recovery efforts in the fallout of the coronavirus pandemic.

• Apr 9, 2021

Watch the complete broadcast of the very first edition of "Sunday Morning," hosted by Charles Kuralt, from January 28, 1979 (Part 2 of 3)

Watch the complete broadcast of the very first edition of "Sunday Morning," hosted by Charles Kuralt, from January 28, 1979. Features include commentaries on the economy and books; Vietnamese refugees facing a new life in Phoenix; and Kuralt goes "On the Road" to meet Tom Scribner, a former lumberjack who makes music on the saw. (Part 2 of 3.)

• Oct 4, 2015
• 25:40

Christiana Figueres, the U.N.'s head of global climate negotiations, says reaching a deal to reduce carbon emissions is finally within reach because it's in every country's economic interests to do so

Christiana Figueres, the U.N.'s head of global climate negotiations, says reaching a deal to reduce carbon emissions is finally within reach because it's in every country's economic interests to do so. She spoke with CBS News about how the U.S. could benefit from leading the way.

• Oct 2, 2015
• 2:00

Watch the full report this Sunday, September 27 on “Sunday Morning”

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.”

• Sep 25, 2015
• 1:56

Jerome Powell: Vaccination key to global economic recovery

Powell called global vaccination efforts "not only the right thing to do, it's also the smart thing to do."

• Apr 8, 2021

"No one would have believed you," U.S. Treasury Secretary Jack Lew tells "CBS This Morning" anchor Norah O'Donnell, if you had predicted 5.1% unemployment and 13 million jobs created

"No one would have believed you," U.S. Treasury Secretary Jack Lew tells "CBS This Morning" anchor Norah O'Donnell, if you had predicted 5.1% unemployment and 13 million jobs created. Lew went on to explain he still worries "a lot."

• Sep 22, 2015
• 3:06

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