Is Trump right in accusing Fed chief of hurting the economy?
The president has had a field day bashing Jerome Powell, but his underlying economic gripe isn't so nuts
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The president has had a field day bashing Jerome Powell, but his underlying economic gripe isn't so nuts
Federal Reserve chief calls interest rates "just below ... neutral," implying central bank's hikes could slow soon
President Donald Trump has been speaking out against the Federal Reserve's monetary policy and also said he doesn't believe a report on climate change from his own administration. CBS News Washington correspondent Paula Reid and The Hill editor-in-chief Bob Cusack join CBSN to discuss the president's remarks.
The president said he believes the central bank's ongoing rate hikes are impeding U.S. economic growth
The president doubled down on his skepticism of human-induced climate change and dismissed the National Climate Assessment
Monthly payments climb as the average 30-year fixed-rate home loan is now at 4.94 percent, up from 3.9 a year ago
Citing the strengthening economy, Federal Reserve has steadily pushed up rates over President Trump's objections
Wall Street's reversal from recent record highs can be gut-wrenching for investors, but here's what to keep in mind
With no new stimulus coming, interest rates rising and tariffs looming, analysts are turning pessimistic on growth
Trump, in Wall Street Journal interview, says the Federal Reserve chairman his his biggest economic threat, raising rates too fast
The president has berated the Fed for raising interest rates, but he could take his own measures to get rates lower
Some Fed policymakers also think rates may have to rise faster to prevent the economy from overheating
The U.S. president is stepping up his attacks on the Federal Reserve, saying it's raising interest rates too fast
In his interview with 60 Minutes, President Trump expressed frustration with the Federal Reserve and Fed Chairman Jerome Powell, blaming them for the recent stock market dip
Investors seem to be weighing risks from rising interest rates to uncertain U.S. trade policy. Rebecca Walser, CEO of Walser Wealth Management, joins CBSN to discuss the slide on the Dow.
The stock market is struggling to adjust to a new era, where returns are no longer juiced by ultra-low rates
The U.S. central bank announced at its September meeting that it would hike interest rates by a quarter percent.
The Fed sees unemployment dropping further and annual GDP at 3.1 percent, implying one more rate hike this year
Consumer credit costs go up but also the money earned on CDs and online savings -- and you have ways to exploit that
A higher rate can make loans more expensive, but also provide more rewards for savers
While another rate hike is nearly certain, Chairman Powell could also provide some hints about what's next
But as President Trump's trade war escalates, what's on tap for monetary policy next year is far less certain
A recently published report paints an alarming picture of the state of many Americans' personal finances. The Federal Reserve says four in 10 could not come up with $400 to cover an unexpected expense and two in 10 cannot pay their monthly bills in full. Lindsey Stanberry is the author of the new book, "Refinery29 Money Diaries: Everything You've Ever Wanted To Know About Your Finances... And Everyone Else's." The book is based on Refinery29’s popular "Money Diaries" series, where women publicly track all of their expenses for one week for everyone to see and pick apart. Stanberry joins “CBS This Morning” to discuss why women still feel awkward talking about money, the importance of savings and tips for changing the way you spend.
Despite President Donald Trump's complaints, the head of the U.S. central bank indicates rates will keep rising
Investors will listen for anything the Federal Reserve chairman says about Trump's trade war and interest rates
King Charles attended a state dinner at the White House, after speaking about what he called the "truly unique" relationship between the U.K. and the U.S.
Officials investigating the shooting at the White House Correspondents' Dinner said they estimated the suspect was running at about 9 miles per hour when he sprinted through a checkpoint and discharged his shotgun.
Oil prices continue rising as the Trump administration unenthusiastically mulls an Iranian offer to reopen the Strait of Hormuz but delay nuclear talks.
Former FBI Director James Comey is again facing federal charges after the government's previous case against him was dismissed.
The Trump administration is subjecting broad categories of immigrants applying for green cards and citizenship to enhanced FBI checks, and is pausing some cases while those changes are implemented, according to documents obtained by CBS News.
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
Britain's ambassador, in February remarks reported by the Financial Times, also called the lack of fallout from the Jeffrey Epstein scandal in the U.S. "extraordinary."
Purdue Pharma, the maker of OxyContin, is set to be dissolved as a massive legal settlement resolving thousands of lawsuits takes effect.
A federal judge on Tuesday dismissed a lawsuit from the Justice Department seeking information on Arizona voters, another defeat in the Trump administration's nationwide push for voter data.
A federal judge on Tuesday dismissed a lawsuit from the Justice Department seeking information on Arizona voters, another defeat in the Trump administration's nationwide push for voter data.
The new format would add eight more at-large teams, and take eight more teams out of the main bracket for play-in games.
Officials investigating the shooting at the White House Correspondents' Dinner said they estimated the suspect was running at about 9 miles per hour when he sprinted through a checkpoint and discharged his shotgun.
For historians, the 1960s and 1970s provide particularly eerie parallels to the present. Both eras were marked by bitter political divides and the unsettling feeling that America's social fabric was being ripped apart.
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
American Airlines is imposing new rules on portable chargers that passengers can bring on flights. Here's what to know.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
A federal judge on Tuesday dismissed a lawsuit from the Justice Department seeking information on Arizona voters, another defeat in the Trump administration's nationwide push for voter data.
Top gubernatorial candidates met onstage at the CBS California Governor's Debate on April 28. Here are the highlights.
Officials investigating the shooting at the White House Correspondents' Dinner said they estimated the suspect was running at about 9 miles per hour when he sprinted through a checkpoint and discharged his shotgun.
For historians, the 1960s and 1970s provide particularly eerie parallels to the present. Both eras were marked by bitter political divides and the unsettling feeling that America's social fabric was being ripped apart.
The Trump administration is subjecting broad categories of immigrants applying for green cards and citizenship to enhanced FBI checks, and is pausing some cases while those changes are implemented, according to documents obtained by CBS News.
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
President Trump has warned that Cuba is "next" after he's launched military operations against Venezuela and Iran.
Saying he felt the "weight of history" on his shoulders, King Charles became the first British monarch in 35 years to address Congress on Tuesday.
Britain's ambassador, in February remarks reported by the Financial Times, also called the lack of fallout from the Jeffrey Epstein scandal in the U.S. "extraordinary."
The unidentified ship is believed to have been built in the late 1500s, which would make it older than Sweden's iconic 17th century warship "Vasa."
Anant Ambani, the son of tycoon Mukesh Ambani, said he formally requested the Colombian government to stay a decision to kill the animals.
The Federal Communications Commission says it wants the Walt Disney Company to file for early license renewal for its television stations. The announcement comes one day after President Trump and the first lady called on ABC to fire late-night host Jimmy Kimmel. CBS News legal contributor Rebecca Roiphe joins with analysis.
One day after President Trump called on ABC to fire late-night host Jimmy Kimmel, the FCC said it will begin reviewing eight broadcasting licenses owned or managed by Disney due to the company's diversity policies. CBS News senior White House and political correspondent Ed O'Keefe has the latest.
"Tracker" star Justin Hartley reveals how he feels about the upcoming finale of the third season of the show. He also discusses his wife making appearances in the series and the best advice he's received in the industry.
President Trump and first lady Melania Trump are demanding that late-night host Jimmy Kimmel be fired over remarks he made before the White House Correspondents' Dinner. Nancy Cordes reports.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Opening statements began on Tuesday in Tesla CEO Elon Musk's lawsuit against OpenAI co-founder Sam Altman. Maxwell Zeff, senior writer at Wired, joins with more.
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
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.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
The man accused of trying to assassinate President Trump at the White House Correspondents' Dinner over the weekend is set to be back in court on Thursday. Nicole Sganga reports.
The FBI is conducting forensic reviews of evidence recovered from the Hilton Hotel in Washington, D.C., following the White House Correspondents' Dinner shooting. CBS News' Anna Schecter has the latest.
A U.S. soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000.
Federal agents exercised search warrants at about 20 daycare centers for suspected fraud Tuesday morning, multiple officials confirmed to CBS News.
Federal prosecutors charged 34 defendants across two indictments, alleging sports betting and mafia-linked rigged poker games.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
Kids today have countless ways to connect, but at one school in New York, they're going old school. Michael George introduces us to a group of teens learning about ham radio.
King Charles on Tuesday night presented President Trump with what he said was the original bell from the HMS Trump before giving cheers to the ongoing relationship between the U.S. and England.
Former FBI Director James Comey says he's innocent after second indictment; King Charles visits the White House and addresses Congress.
Federal officials are investigating the death of a woman who fell from the balcony of her state room on a Carnival Cruise Line ship. Kris Van Cleave reports.
In front of a state committee investigating last year's deadly Texas flash floods, Camp Mystic director Edward Eastland on Tuesday told parents of the victims he had failed them. Jason Allen reports.