
Fed chief Powell says U.S. could face "prolonged" recession
U.S. central bank chief urges Congress to boost relief, saying that a deeper slump "can leave behind lasting damage."
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U.S. central bank chief urges Congress to boost relief, saying that a deeper slump "can leave behind lasting damage."
"The Fed has to bring the big guns," one analyst said of the central bank's efforts to rescue a slowing U.S. economy.
It's the biggest rate cut since the 2008 financial crisis — central bank says the virus poses "evolving risks."
Jerome Powell says economic growth is holding up, bolstered by the lowest jobless rate in nearly 50 years.
Jerome Powell visits White House for a chat with the president who has called U.S. central bankers "boneheads"
Central bank sees U.S. economy growing at solid pace, although slower growth overseas and trade tensions pose risks
U.S. central bank lowers borrowing costs for a third time this year, but signals it's the last cut for some time
Central bank has had to inject $200 billion into the banking system this week alone, though experts say not to worry
Trade war jitters, a manufacturing slowdown and other factors point to a second rate cut this year by the Fed
Federal Reserve Chairman Jerome Powell said interest-rate cuts can't offset the impact of trade tensions
While President Trump blasts Jerome Powell for slowdown, Fed officials put the blame squarely on trade tensions
White House's latest China tariff threat intended to scare central bank into more interest-rate cuts, analysts say
For most Americans, lower borrowing costs might not help as much as it has in the past -- here's why
On climate change, gold standard, even the president's authority, the Fed chair and the man who appointed him are at odds
The nation's central bank chief threw cold water on the idea that the current job market is the "strongest ever"
"What if the president calls you and said, 'I'm firing you. Pack up. It's time to go'?" Jerome Powell had an answer
Trump nominee Judy Shelton wants to put the U.S. back on a gold standard --but no other country uses it, Powell noted
The president says "nobody ever heard of" Powell before Trump named him to run the Fed
Central bank officials say the economic outlook is increasingly uncertain -- and signal their readiness to cut rates
Investors increasingly expect the central bank to cut interest rates for the first time since 2008
Again bashing the Fed, the president groused that the central bank's top policymakers are "not my people"
Central bank would lower rates if trade feud with China and Mexico put drag on U.S. growth, Fed Chair Powell suggests
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
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his 60 Minutes interview with former Fed Chair Ben Bernanke in 2009
The chair of the Federal Reserve discusses the impact of low mobility and the "legacy of slavery" — and how the Fed can address it
The government shutdown entered its 11th day Saturday as Republicans and Democrats remain at an impasse over a spending plan.
Diane Keaton had a decades-long career with performances in 1977's "Annie Hall," the "The Godfather" films, and many more.
The ceasefire between Israel and Hamas continues to hold as aid begins to flow into the Gaza Strip.
Former President Joe Biden is undergoing radiation therapy and hormone treatment amid his ongoing treatment for prostate cancer, a spokesperson said.
The Defense Department announced earlier this week that about 200 National Guard soldiers from Texas and another 300 from Illinois were federalized and sent to the Chicago area.
Humphreys County Sheriff Chris Davis confirmed 16 victims in the blast at a news conference on Saturday night.
Two people onboard the helicopter and three people on the street were hospitalized for injuries suffered in the crash.
The Ukrainian leader wrote in a social media post that if a war can be stopped in one region, "surely other wars can be stopped as well."
Alison Davis says she woke up to find her husband, Kevin Davis, face down in a pool of blood inside their New Haven, Indiana, home. She says he fell down the stairs. But after an autopsy report, police came to a different conclusion.