Federal Reserve chair says subpoenas are "threat" and consequence for not listening to Trump
Chair of the Federal Reserve Jerome Powell called the subpoenas a threat and a consequence for not listening to the president.
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Chair of the Federal Reserve Jerome Powell called the subpoenas a threat and a consequence for not listening to the president.
The Trump administration served grand jury subpoenas to the Federal Reserve on Sunday night.
Natalie Brand reports from the White House.
President Trump confirmed CBS News reporting that he discussed firing Federal Reserve Chairman Jerome Powell with Republican lawmakers. CBS's Erica Brown reports.
Stock markets were up early Wednesday as the president said he had no intention of firing Jerome Powell. Natalie Brand of CBS News reports.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
Sen. Elizabeth Warren's St. Patrick's Day breakfast jokes touched on Federal Reserve Chair Jerome Powell and the Silicon Valley Bank collapse.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Warren has previously called Powell a "dangerous man" to lead the Fed.
With so much uncertainty in the world, economic recovery will be a long, slow process.
A neighborhood in Framingham lost water for the second time in a week after a major water main broke on Thursday
Two more movie theater chains are closing locations in Massachusetts. Experts say megaplexes need to make major changes.
Amid negotiations with the White House, the pair of Democrats is pitching the bill as an enforcement mechanism to go alongside the changes they're seeking.
A new racket sport aims to tap into the popularity of pickleball while also solving some of the noise complaints surrounding the sport.
Payton Pritchard scored 26 points and the Boston Celtics rolled past the Chicago Bulls 124-105 on Wednesday night in the final game for both teams before the All-Star break.
Two more movie theater chains in Massachusetts are closing. Experts say megaplexes need to make major changes.
They want to create an independent watchdog commission to conduct oversight of federal immigration enforcement agencies.
A neighborhood in Framingham lost water for the second time in a week after a major water main broke on Thursday
UMass Memorial Medical Center in Marlboro closed on Monday after a water valve issue broke the heating in the building. Dozens of patients had to be relocated.
The ads for the Find Mass Money website make it seem easy. But one couple struggled to get their $11,000.
There's a new drug that can help early morning shift workers stay awake and alert, a study out of Boston found.
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
Flu cases are rising rapidly, especially among kids in Boston, where hospitalizations of children under five have increased 150% over the last two weeks.
Four children have died from the flu in Massachusetts so far this season, public health officials say.
Fewer people in Massachusetts are getting their seasonal flu and COVID vaccinations as the number of respiratory infections in the state continues to rise.
The ads for the Find Mass Money website in Massachusetts make it seem easy. But one couple struggled to get their $11,000.
Four Massachusetts State Police instructors have been charged following an investigation into the 2024 death of state police recruit Enrique Delgado-Garcia.
After I-Team reports about a Foxboro woman's frustration with her GE gas range, the company has agreed to give her a refund.
It took Aaron Braun years to get more than 93,000 Dunkin' rewards points, but after a policy change he's left with a fraction of that.
In the last three years, the Better Business Bureau has received thousands of complaints about GE.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
Maine Governor Janet Mills' run for Senate comes with an unusual promise - she will only serve one six-year term.
Two more movie theater chains are closing locations in Massachusetts. Experts say megaplexes need to make major changes.
The Neiman Marcus store at Copley Place in Boston is closing, Saks Global announced.
Raising Cane's claims a Boston landlord has threatened to evict one of its locations in the Back Bay because the restaurant "smells like chicken fingers."
The Kowloon is coming to Revere Beach.
Panera, Zipcar and Thermo Fisher are all closing facilities or offices in Massachusetts.
Just steps from the water's edge along Lake Winnipesaukee, a spectacular estate mixes modern architecture with breathtaking views.
An innovative craft winery located in downtown Meredith, New Hampshire, Hermit Woods is taking a different approach to winemaking.
Located on the water's edge along New Hampshire's Lake Winnipesaukee, Mill Falls blends elegant luxury with spectacular vistas.
Kohler Store by Supply New England and an interior designer showcases how beauty and functionality can breathe new life into a project.
James Beard-nominated pastry chef and co-founder of Bakey in Boston gives insight on how to make his world-famous babka.
Payton Pritchard scored 26 points and the Boston Celtics rolled past the Chicago Bulls 124-105 on Wednesday night in the final game for both teams before the All-Star break.
A close family friend tells CBS News about the Olympic dream Team USA skater Maxim Naumov shared with his parents, and how "he did it."
Maxim Naumov's score Tuesday was enough to make it through the short program, giving him another opportunity to perform when the men's free skate takes place Friday night.
Head coach Mike Vrabel held his final news conference of the season at Gillette Stadium on Tuesday.
Quarterback Drake Maye confirmed during his final news conference of the season that he did injure his throwing shoulder during the AFC Championship Game.
Raising Cane's claims a Boston landlord has threatened to evict one of its locations in the Back Bay because the restaurant "smells like chicken fingers."
A tegu lizard was found buried beneath the snow in Providence, Rhode Island.
A gathering of North Atlantic right whales off Massachusetts over the weekend appears to have set a new monthly record.
A rocketship on a downtown Boston roof is part of the new Winteractive 2026 public art installation.
The overpowering scent of Dunkin' donuts in the air has some Haverhill residents complaining.