
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
Watch CBS News
Federal Reserve Chairman expects economic growth to weaken this year, but says the job market remains strong
Former Fed chief says the president's comments about Jerome Powell "could undermine confidence" in the central bank
After more than a year, the two dined at the White House on Monday, but didn't discuss the future of interest rates
Cain's candidacy imploded after being accused of sexual harassment and a woman alleged a longterm affair
The Federal Reserve chief also says he'll be "patient" with rate hikes while looking at the global economic picture
As volatility soars amid reports that swerve from bearish to bullish, investors can expect more in the months ahead
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
As market rout deepens, the president is ratcheting up the tension with monetary policymakers
After years of easy money, investors are spooked by rising interest rates and slowing U.S. growth
Stock markets dropped after the Fed predicted economic growth would slow next year. Associated Press writer Josh Boak joins CBSN for more.
In a notable policy shift, the Fed now expects to raise rates more slowly in 2019 amid signs of a cooling economy
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.
And the president's complaining about higher interest rates isn't the only problem the central bank faces
Investors looking for signs that Federal Reserve officials may slow their push to hike interest rates
With one more hike likely this week, the betting on what happens next year has plenty of wild cards in play
The Fed chairman said slow wage growth and a decline in economic mobility are hampering the country
While still on track to raise rates again next month, some Fed members see a possible slowing of hikes in 2019
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
The president said he believes the central bank's ongoing rate hikes are impeding U.S. economic growth
Citing the strengthening economy, Federal Reserve has steadily pushed up rates over President Trump's objections
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
The U.S. president is stepping up his attacks on the Federal Reserve, saying it's raising interest rates too fast
While another rate hike is nearly certain, Chairman Powell could also provide some hints about what's next
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after months of public attacks against the central bank.
President Trump on Monday floated returning the Department of Defense to its prior name, the Department of War, calling its current moniker "too defensive."
Heavy rain and wind followed the dust storm, delaying flights at Phoenix Sky Harbor International Airport and causing some damage to a terminal roof.
Wednesday night's Powerball jackpot will be an estimated $815 million, the game's seventh biggest, with an approximate cash value of $367.9 million, after no one won Monday's $750 million grand prize.
California Gov. Gavin Newsom's redistricting plan is facing more legal pushback as state Republicans filed another emergency petition to block a November special election on the proposal.
House Oversight Committee Chairman James Comer subpoenaed estate of Jeffrey Epstein, seeking over a dozen categories of documents.
Authorities said 21 dogs were found dead at Anastasia's Acres Dog Boarding Facility. One dog was found alive and taken to a veterinarian for treatment.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
Southwest Airlines will soon require travelers who don't fit within the armrests of their seat to pay for an extra one in advance, part of a string of recent changes the carrier is making.