
Even the Fed is worried about the "Goldilocks" market
Amid widespread euphoria, the central bank is joining those who think stocks are ripe for a nasty reversal
Watch CBS News
Amid widespread euphoria, the central bank is joining those who think stocks are ripe for a nasty reversal
The nominee to chair the Federal Reserve promised to continue the gradual pace of rate hikes
President Trump's nominee to head the central bank set to face Senate panel for confirmation hearing
Outgoing Federal Reserve Chair says the U.S. financial system is "much stronger" and more stable than a decade ago
As head of the nation's largest reserve bank, he has supported Janet Yellen's cautious moves to raise rates
To many observers, the glass-ceiling-shattering economist deserved another term atop the Fed, leading to this question
President Trump's Fed chair pick is very much another Janet Yellen, but he may go his own way on some key issues
Powell, if confirmed, will replace current Fed chair and Obama holdover Janet Yellen
Investors had plenty to chew on Thursday, from long-awaited developments in Washington to a slew of earnings reports
Long-anticipated announcement means Janet Yellen will soon be leaving her post
Federal Reserve governor has a history of backing Janet Yellen's gradual approach to raising interest rates
With President Trump set to name new central bank chief, policymakers say U.S. economic growth remains "solid"
With a decision imminent, here's a look at who's in and who's out to take the helm at the central bank
Two people familiar with White House deliberations say Trump likes two other contenders
President Trump is said to be ready to make his choice from this group before he heads to Asia on Nov. 3
With just four months left in central bank chief's term, Wall Street's wondering who will get nod from President Trump
A federal judge threw out the Trump administration's challenge to a standing order issued by a U.S. district court in Maryland.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Heavy rain and wind followed the dust storm, delaying flights at Phoenix Sky Harbor International Airport and causing some damage to a terminal roof.
The suspect killed a 59-year-old detective and a 35-year-old senior constable, police said. Another detective was shot and was undergoing surgery.
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.
The New World screwworm case is the first reported U.S. case tied to travel to a country with a current outbreak.
House Oversight Committee Chairman James Comer subpoenaed estate of Jeffrey Epstein, seeking over a dozen categories of documents.
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.