Highlights from Jerome Powell's 60 Minutes interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
Jerome Powell
Fed chair: "We don't feel any hurry" to raise interest rates
"Can the president fire you?" Scott Pelley asked the Fed chair and Trump Twitter target. "No," Jerome Powell answered
The Federal Reserve, 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
Jerome Powell: The 60 Minutes Interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
Full 60 Minutes interview with Fed Chair Jerome Powell
What is the Federal Reserve Chairman’s view on the health of the U.S. economy? A transcript of Scott Pelley’s interview with Jerome Powell on "60 Minutes"
Fed Chair Jerome Powell to appear on "60 Minutes"
Correspondent Scott Pelley interviews Powell along with his predecessors Ben Bernanke and Janet Yellen
Fed chief Jerome Powell says U.S. economy likely to slow
Federal Reserve Chairman expects economic growth to weaken this year, but says the job market remains strong
Yellen says Trump doesn't understand what the Fed does
Former Fed chief says the president's comments about Jerome Powell "could undermine confidence" in the central bank
Trump and Fed Chair Powell finally meet again, over dinner
After more than a year, the two dined at the White House on Monday, but didn't discuss the future of interest rates
Herman Cain on "fairly large list" of nominees for Fed board
Cain's candidacy imploded after being accused of sexual harassment and a woman alleged a longterm affair
Jay Powell: "I don't see a recession" in 2019
The Federal Reserve chief also says he'll be "patient" with rate hikes while looking at the global economic picture
Investors have plenty of reasons to worry
As volatility soars amid reports that swerve from bearish to bullish, investors can expect more in the months ahead
Fed Chair says he wouldn't resign if Trump asked
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
President Trump blames Fed for economic jitters
As market rout deepens, the president is ratcheting up the tension with monetary policymakers
Dow falls below 23,000 for first time in 14 months
After years of easy money, investors are spooked by rising interest rates and slowing U.S. growth
What Powell's decision means for the markets
Stock markets dropped after the Fed predicted economic growth would slow next year. Associated Press writer Josh Boak joins CBSN for more.
Fed hikes rates, but nods to slowing growth
In a notable policy shift, the Fed now expects to raise rates more slowly in 2019 amid signs of a cooling economy
Fed chairman speaks on interest rate hike
The Fed has raised interest rates four times this year, meaning it believes the economy is still growing rapidly despite stock market turmoil. However, the central bank plans to raise rates more slowly in 2019.
Fed likely to hike rates again, despite Trump's tweets
And the president's complaining about higher interest rates isn't the only problem the central bank faces
Stocks stanch the bleeding ahead of key Fed decision
Investors looking for signs that Federal Reserve officials may slow their push to hike interest rates
Fed rate moves for 2019: The suspense is building
With one more hike likely this week, the betting on what happens next year has plenty of wild cards in play
Fed Chairman Jerome Powell: The U.S. still faces economic challenges
The Fed chairman said slow wage growth and a decline in economic mobility are hampering the country
Fed officials show more caution on future interest rate hikes
While still on track to raise rates again next month, some Fed members see a possible slowing of hikes in 2019
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
Stocks surge after Fed chair hints of limit to rate hikes
Federal Reserve chief calls interest rates "just below ... neutral," implying central bank's hikes could slow soon
Live
U.S. and Iran exchange fire again as Trump seeks "good deal or no deal"
Iran says 4 people were killed in what the U.S. military describes as "self-defense strikes," but Rubio says a deal is still possible despite the clash.
Here's what to watch for in the Texas primary runoff election today
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
Trump heading to Walter Reed for "routine annual dental and medical assessments"
The White House announced the visit earlier this month.
4 people killed as train slams into school minibus in Belgium
Authorities in Belgium say a train slammed into a school minibus at a crossing in the town of Buggenhout, killing at least 4 people including 2 children.
North Korea fires ballistic missile, other weapons toward sea, South says
North Korea launched multiple short-range ballistic missiles toward the sea, South Korea's military said, the latest in a series of weapons demonstrations by Pyongyang this year.
South Korean Starbucks boss apologizes for ad campaign that evoked massacre
South Korean Starbucks' boss issued another apology as Starbucks' local operation faced a backlash over a marketing campaign widely perceived as mocking victims of a bloody military crackdown in1980.
Pope Leo calls for "disarming" of AI in technology-focused encyclical
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
Iran hangs man over alleged spying for Israel as executions mount
Iran's judiciary described Gholamreza Khani Shakarab as "one of the operational ringleaders of Mossad abroad."
Threat of massive blast "eliminated" for California chemical leak, officials say
California crews conducted an overnight operation at the Orange County site of a chemical leak in Garden Grove and said Monday that the threat of an explosion had been "eliminated" and was "off the table."
U.S.
More U.S.
Trump heads to Walter Reed for "routine annual dental and medical assessments"
The White House said President Trump will get his annual medical checkup and meet with service members and staff at Walter Reed National Military Medical Center.
Here's what to watch for in the Texas primary runoff election today
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
Sonny Rollins, trailblazing jazz saxophonist, dies at age 95
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Wander Franco found criminally responsible for abusing minor, avoids jail time
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
1,500 strangers attend WWII veteran's funeral
Veterans service officer Terrance O'Keefe put out a call from Massachusetts for a World War II veteran who needed a proper hero's send-off. When he arrived at the funeral, a line was already out the church door.
MoneyWatch
More MoneyWatch
Mango clothing chain founder Isak Andic's son denies killing him
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
South Korean Starbucks boss apologizes for ad campaign that evoked massacre
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
Buying a car? Here are some tips to save money.
Here are the financial considerations to make when shopping for a new vehicle amid high car prices.
What's open and closed for Memorial Day 2026?
Most retail stores will be open for business on Memorial Day, while post offices will be closed. Here's what to know.
AI is driving more job cuts and weighing on hiring, economists say
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Politics
More Politics
Trump heads to Walter Reed for "routine annual dental and medical assessments"
The White House said President Trump will get his annual medical checkup and meet with service members and staff at Walter Reed National Military Medical Center.
Here's what to watch for in the Texas primary runoff election today
Sen. John Cornyn is facing off against Texas Attorney General Ken Paxton, who received President Trump's endorsement.
Here's what the draft memo for a proposed deal with Iran includes
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
AG requests to resume ballroom construction, citing latest shooting
Attorney General Todd Blanche said the ballroom is "being constructed for the physical safety and security of all Presidents, their families, staff, Foreign Dignitaries, and guests."
DOJ says it scrubbed news releases about Jan. 6 criminal cases from its website
The Justice Department acknowledges it has removed from its website news releases about criminal cases related to the Jan. 6, 2021 riot, calling the information "partisan propaganda."
HealthWatch
More HealthWatch
Second Ebola treatment center set on fire in epicenter of disease's outbreak
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
The latest details on the Ebola outbreak
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
What to know about the chemical tank in California that forced evacuations
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
Ebola kills 3 Red Cross workers in the Congo, organization says
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Teen's mystery illness solved: "It took 18 years to get an answer"
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
World
More World
Iran hangs man over alleged spying for Israel as executions mount
Iran's judiciary described Gholamreza Khani Shakarab as "one of the operational ringleaders of Mossad abroad."
Mango clothing chain founder Isak Andic's son denies killing him
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
Live
Iran says U.S. violating ceasefire as Trump seeks "good deal or no deal"
As Iran accuses the U.S. of a "grave violation" of the fragile ceasefire, Rubio says a deal is still possible despite the latest clash.
New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
South Korean Starbucks boss apologizes for ad campaign that evoked massacre
South Korean Starbucks' boss apologized again as it faced a backlash over a marketing campaign widely seen as mocking victims of a bloody military crackdown in 1980.
Entertainment
More Entertainment
Entertainment
Extended interview: Josh Johnson
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, trailblazing jazz saxophonist, dies at age 95
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
American Music Awards air tonight with star-studded performances
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
Extended interview: Patti LaBelle
It's been some 50 years since Patti LaBelle first sang her hit song "Lady Marmalade." As she marks her 82nd birthday, LaBelle talks to correspondent Tracy Smith about her career and what's next.
5/24: Sunday Morning
Hosted by Lee Cowan. Featured: Concours d'LeMons, Iranian propaganda, Patti LaBelle.
Technology
More Technology
Pope Leo calls for "disarming" of AI in technology-focused encyclical
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
CBS News poll finds most doubt government will ensure AI used appropriately
Amid concern about AI taking jobs, people see a range of motives by AI companies.
How AI powered robots are helping small farms
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.
Ring founder on the Fire Watch feature
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
Stanford student on how AI impacted his class
A recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
Science
More Science
New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
More Crime
Mango clothing chain founder Isak Andic's son denies killing him
Jonathan Andic, son of the Mango clothing empire's founder, has denied the accusation that he murdered his father.
Wander Franco found criminally responsible for abusing minor, avoids jail time
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
Latest on shooting near White House
21-year-old Nasire Best, the suspect linked to a shooting near the White House on Saturday, previously tried to gain access to the White House and may have had mental health issues, according to law enforcement sources and court documents. CBS News' Nicole Sganga reports.
Suspects wanted by FBI for robbing athletes' homes arrested in Chile
The thieves stole jewelry, high-end watches and souvenirs such as sports jerseys, among other belongings, police said.
Husband convicted of hiring hitman to kill NYC art dealer in Brazil
Daniel Sikkema faces a mandatory sentence of life in prison. Brent Sikkema was stabbed to death in his Rio de Janeiro townhouse in 2024.
Space
More Space
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX to explore "the true nature of the universe" as it plans IPO
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Extended interview: Josh Johnson
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
The history of Memorial Day
In celebrations throughout the country, communities honored the lives of fallen U.S. service members. Jericka Duncan takes a look at the history of Memorial Day.
Remembering Paul Douglas and James Brolan
On this Memorial Day, we remember CBS News cameraman Paul Douglas and soundman James Brolan, who were killed 20 years ago by a car bomb in Iraq.
Inside the U.S. military's war games using AI
The U.S. military has been using artificial intelligence to process battlefield intelligence in real time. Chris Livesay observes a U.S. military training exercise in Morocco that's being shaped by AI.
High gas prices, storms hamper Memorial Day
Millions of drivers hit the road for a record-breaking Memorial Day travel weekend despite high gas prices. Meanwhile, three days of relentless rain in the northeast U.S. hampered travel plans. Skyler Henry has more.