Fed set to decide interest rates
The Federal Reserve is set to announce what's next for its benchmark interest rate on Wednesday. CBS News business contributor Javier David joins "CBS Morning News" with more on what to expect.
Jerome Powell
Trump blasts protesters involved in violence
President Trump signed a bill on Thursday that blocks California's ban on the sale of gas cars. Mr. Trump then answered questions about the anti-ICE protests in Los Angeles, the state of U.S.-Iran nuclear talks and more. CBS News' Olivia Rinaldi has more details.
Trump takes questions at bill signing
President Trump took questions on a few different subjects during a bill signing at the White House on Thursday. CBS News White House reporter Aaron Navarro has more.
Key takeaways from May jobs report
The May jobs report showed 139,000 jobs were added in the last month. President Trump reacted favorably to the news but criticized Federal Reserve Chair Jerome Powell, urging him to slash interest rates. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the job report numbers, while CBS News' Natalie Brand has the latest updates from the White House.
Trump urges Powell to cut interest rates
Private employers added just 37,000 jobs last month, less than expected. In response, President Trump urged Jerome Powell and the Federal Reserve to lower interest rates. CBS News business analyst Jill Schlesinger breaks down what to know.
2/4/2024: Chairman Powell; A Hole in the System; The Mismatch
First, Fed Chair Jerome Powell: The 2024 60 Minutes Interview. Then, a report on the growing number of Chinese migrants crossing into the U.S. at the southern border. And, a look at how a sports betting boom is fueling concerns over problem gambling.
ADP employment report shows hiring slowdown
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch correspondent Kelly O'Grady unpacks the data and what it could mean for the U.S. economy.
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.
Will the Fed raise interest rates again?
Federal Reserve Chairman Jerome Powell shares his outlook on the U.S. economy and tells 60 Minutes whether or not another interest rate hike is on the horizon
Powell says the president can't fire him
Jerome Powell tells "60 Minutes" he fully intends to serve his four-year term.
Are American banks safe today?
In the 2008 Great Recession, taxpayers were forced to bail out reckless Wall Street excess. Scott Pelley asks Fed Chair Jerome Powell: How safe are banks today?
How the opioid crisis affects the economy
Jerome Powell tells 60 Minutes about the factors that have led the United States to have a lower labor force participation rate than almost every other advanced country
The Fed, 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.
Fed Chair Powell on income disparity
Powell tells "60 Minutes" how the Fed can help combat low mobility and income stagnation.
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.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump met with Fed chair Powell
President Trump met with Federal Reserve Chair Jerome Powell at the White House as the nation navigates prolonged inflation and a period of economic uncertainty. CBS News chief White House correspondent Nancy Cordes has more details.
Walmart price hike highlights tariff impact
Walmart's CEO warned Thursday morning that the world's biggest retailer will have to start raising prices later in May due to the high cost of tariffs. CBS News contributor J.D. Durkin joins "America Decides" with analysis from the New York Stock Exchange.
Fed warns of higher long-term interest rates
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Trump calls Fed chair a "fool" for keeping interest rates steady
The President's criticism comes a day after the Federal chair said the time isn't yet right for a rate cut.
Trump calls Powell a "FOOL" over rates
President Trump is still insulting Federal Reserve Chair Jerome Powell on social media. This comes after Powell's latest decision to leave interest rates unchanged. CBS News contributor Javier David has more.
Behind Fed decision to hold rates steady
The Federal Reserve left its benchmark interest rate unchanged. Jo Ling Kent reports.
Why did the Fed hold rates steady?
The Federal Reserve said Wednesday it will leave U.S. interest rates unchanged amid trade uncertainty and risk of stagflation. CBS News senior business and technology correspondent Jo Ling Kent has more.
Fed ignores Trump's call for cuts
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
Powell warns of risks from tariffs
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Ghislaine Maxwell's interview on Epstein case released by DOJ
The Justice Dept. released transcripts of Deputy AG Todd Blanche's two-day interview with convicted sex trafficker and Jeffrey Epstein associate Ghislaine Maxwell.
Kilmar Abrego Garcia could be deported to Uganda, official says
The Trump administration may try to deport Kilmar Abrego Garcia to Uganda days after he was released from pre-trial detention, according to a DHS official.
Lyle and Erik Menendez denied parole by California board
California prison officials have denied parole for Erik and Lyle Menendez.
Trump suggests Chicago next for federal crime crackdown, then New York City
President Trump also said he's willing to bring in the "regular military," not just the National Guard.
5 people dead after tour bus rolls over in New York, police say
A tour bus with more than 50 passengers lost control and rolled over on the New York State Thruway near Pembroke, killing five people, police said.
Trump says U.S. government taking a 10% stake in tech giant Intel
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.
Three-star general Jeffrey Kruse ousted as Defense Intelligence Agency director
Lt. General Jeffrey Kruse is no longer Defense Intelligence Agency director, a senior defense official confirmed Friday.
FBI searches John Bolton's house
The FBI confirmed it that it searched former national security adviser John Bolton's house early Friday morning.
Texas Senate set to vote on GOP redistricting plan
The mid-decade map redraw adds five Republican-leaning districts and sets up a legal showdown over minority representation.