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President Trump derided Federal Reserve Chairman Jerome Powell in a social media post on Monday as a "major loser" and pressed him to lower interest rates "NOW." CBS News political director Fin Gómez joins with analysis.
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
The Trump administration is continuing to criticize Federal Reserve Chair Jerome Powell. The president's top economist said President Trump and his team are studying whether the president can fire him. Democratic Rep. Mike Levin of California joins "America Decides" to discuss.
President Trump called the deadly mass shooting at Florida State University "terrible" and a "shame," but suggested he won't back new gun control measures. Meanwhile, Mr. Trump continued to lash out at Federal Reserve Chairman Jerome Powell. CBS News' Natalie Brand has more.
President Trump is once again taking aim at his own pick for America's most powerful economic post -- Federal Reserve Chair Jerome Powell. Despite nominating him in 2017, Trump now wants him out. But is that allowed? Jan Crawford explains.
Federal Reserve Chair Jerome Powell has run afoul, again, of President Trump after Powell said Trump's tariffs could hurt the economy. Weijia Jiang reports.
Stock market turmoil continued Thursday with the Dow Jones closing in the red. The drop comes as investors weigh progress in trade negotiations with Japan and navigate general uncertainty over the Trump administration's tariff plan. Notably, UnitedHealth shares fell after the company announced a cut to its annual profit forecast, citing expectations of high medical costs for the rest of the year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump lashed out at Federal Reserve Chair Jerome Powell in a social media post on Thursday, saying his termination "cannot come fast enough." CBS News' Fin Gómez and Kelly O'Grady report.
We're following market reaction on the heels of Federal Reserve Chair Jerome Powell's remarks on Wednesday about the economic impact of the Trump administration's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump took to social media to lash out at Federal Reserve Chairman Jerome Powell on Thursday, saying his "termination can't come fast enough." Mr. Trump's comments were in response to Powell's warning about the potential consequences of the administration's trade policy. CBS News' Natalie Brand and Kelly O'Grady have more.
President Trump slammed Jerome Powell on Thursday morning, a day after the Federal Reserve chairman said the Trump administration's tariff policy could lead to higher inflation and slower economic growth. CBS News' Natalie Brand has more on Mr. Trump's response.
The U.S. economy appeared headed toward a "soft landing" after a series of rate increases, but tariff chaos is causing sudden, unpredictable shifts in conditions. "CBS Evening News" co-anchor John Dickerson explains.
It was another volatile day on Wall Street after comments from Federal Reserve Chair Jerome Powell, who spoke at the Economic Club of Chicago. Kelly O'Grady explains.
Federal Reserve Chair Jerome Powell has issued a stark warning on the far-reaching inflation impact of the Trump administration's economic policies. His comments come as new Commerce Department data shows that retail sales rose more than expected last month with some economists attributing that to people trying to get ahead of tariff-driven price increases. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Stocks fell sharply on Wednesday due in part to tariff concerns. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Federal Reserve Chair Jerome Powell's warning about tariffs.
Wall Street saw a sea of red on Wednesday as Federal Reserve Chair Jerome Powell said tariffs came in larger than expected, which will lead to "at least a temporary rise" in inflation. CBS News MoneyWatch correspondent Kelly O'Grady has the biggest takeaways.
Federal Reserve Bank of Chicago President Austan Goolsbee spoke with "CBS Evening News" co-anchor John Dickerson about the economic uncertainty over President Trump's sweeping tariff policy and the anxiety being felt among business leaders and consumers.
As the Fed tries to manage the cooldown of inflation, President Trump's tariff policy has injected a high level of uncertainty into the economy. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, joins to discuss.
The uncertainty of the trade war is rattling financial markets and businesses across the country. "CBS Evening News" co-anchor John Dickerson spoke to Austan Goolsbee, president of the Federal Reserve Bank of Chicago, about anxieties he's witnessed in the region.
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
The Federal Reserve's downbeat outlook on the U.S. economy is a wake-up call for investors.
The Federal Reserve announced its decision on Wednesday to hold its benchmark interest rate steady as Fed chairman Jerome Powell acknowledged the impact of tariffs on inflation. The interest rate has an indirect tie to the interest that consumers pay on things like credit cards and car loans.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
A federal appeals court said many of the tariffs imposed by President Trump on dozens of countries earlier this year are not legally permissible, but didn't halt them.
Hurricane Katrina survivors can still describe in detail what they faced in the days after the storm devastated the Gulf Coast.
Charles Borges filed a whistleblower complaint alleging DOGE employees uploaded a copy of all U.S. Social Security info to a "vulnerable cloud environment."
Israel's military said that it had launched the "initial stages" of the planned offensive to seize Gaza City, declaring the Palestinian territory's biggest population center a "dangerous combat zone."
Illinois Gov. JB Pritzker told CBS News that President Trump has "other aims" aside from fighting crime, as he vows to crack down in Chicago.
Veterans forced out under the mandate have been frustrated by what they described as a slow, arduous process to return to service.
CVS said the pharmacy chain cannot vaccinate those even with a prescription in Massachusetts, Nevada and New Mexico due to state laws and regulations.
The FBI said it found bones while searching for signs of Travis Decker. The bones were being analyzed to determine if they are human or animal.
GOP Sen. Joni Ernst of Iowa is expected to announce next week she's not running for reelection in 2026.