Fed leaves interest rates unchanged
The Federal Reserve announced Wednesday that it would leave interest rates unchanged despite pressure from President Trump to cut rates. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
Jerome Powell
When will the Fed be likely to lower rates?
The Federal Reserve is set to meet on Wednesday and is likely to hold interest rates steady despite pressure from the Trump administration to cut them. CBS News senior business and technology correspondent Jo Ling Kent reports.
Small businesses deal with trade uncertainty
Treasury Secretary Scott Bessent told House lawmakers Tuesday that progress is being made on foreign trade talks, but not with China. That could change on this week though. CBS News MoneyWatch correspondent Kelly O'Grady has more on this and other economic news of the day.
Trump calls on Fed to lower rates
Employers added 177,000 jobs last month as the labor market keeps humming, for now, despite all the turmoil caused by President Trump's tariffs. The White House is taking credit for the job growth after blaming former President Biden for the drop in gross domestic product earlier this week. Mr. Trump said this is a sign that Federal Reserve Chair Jerome Powell should cut interest rates. CBS News' Ed O'Keefe and Jo Ling Kent report.
Trump changes tune on Fed Chair Powell
President Trump walked back comments about Federal Reserve Chair Jerome Powell's firing. CBS News' Natalie Brand reports as stock markets appear to react to his latest remarks.
Trump says he has "no intention of firing" Fed chief Jerome Powell
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
Trump: "No intention of firing" Powell
President Trump told reporters Tuesday he has "no intention of firing" Federal Reserve Chairman Jerome Powell, one day after Mr. Trump called Powell a "major loser." Stef Kight, politics reporter at Axios, and Jake Traylor, White House reporter at Politico, join "America Decides" to discuss the president's comments and more.
Trump blasts Powell as "major loser"
President Trump is escalating his attacks on Federal Reserve Chair Jerome Powell as questions emerge about the future of the U.S. economy. CBS MoneyWatch correspondent Kelly O'Grady has more.
Stocks tumble as Trump criticizes Powell
CBS News business analyst Jill Schlesinger breaks down what to know after stocks fell Monday following President Trump's criticism of Fed chair Jerome Powell. Last week, Powell warned tariffs could hurt the U.S. economy.
Breaking down Wall Street's reaction to Trump
President Trump started the day calling Federal Reserve Chairman Jerome Powell names and pressuring him to lower interest rates. The comment caused an immediate reaction on Wall Street. Kelly O'Grady has analysis.
Trump ramps up attacks on Fed Chair Powell
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.
Can Trump fire Federal Reserve Chair Jerome Powell? Here's what to know.
President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut interest rates.
Dow falls more than 900 points
Stocks slumped again on Monday as President Trump continued his attacks on Federal Reserve Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Trump is studying how to remove Fed Chair Powell, adviser says
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
Mike Levin slams potential firing of Powell
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.
Trump on FSU shooting, Fed chair
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.
Can Trump fire Fed chair Jerome Powell?
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.
Trump says Fed Chair Powell's "termination cannot come fast enough"
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
Trump "not happy" with Fed chair Jerome Powell
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.
Dow Jones falls more than 500 points
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.
Sen. Warren warns Trump against firing Powell
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.
Market reaction to Powell, Trump remarks
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.
Markets open after Trump slams Fed's Powell
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.
Fed chair warns tariffs could drive up prices
Federal Reserve Chair Jerome Powell warned President Trump's trade war could drive up inflation while at the same time causing growth to slow and unemployment to rise. CBS News' Nancy Cordes has more.
Trump tariffs prompt warning from Fed chair
President Trump lashed out at Federal Reserve Chair Jerome Powell who warned that the administration's tariff plan could lead to persistent inflation and an economic slowdown. California Gov. Gavin Newsom also announced plans for the state to file a lawsuit challenging the tariffs. CBS News chief White House correspondent Nancy Cordes has the latest updates.
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.
Texas Senate passes contentious GOP redistricting bill
The mid-decade map redraw adds five Republican-leaning districts and sets up a legal showdown over minority representation.
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.