![jeromepowell-2064282-640x360.jpg](https://assets3.cbsnewsstatic.com/hub/i/r/2020/05/15/369b1898-a383-405b-88fb-b230bb232be9/thumbnail/640x360/f69b51c9afd04f39311bb173e7e1d99a/jeromepowell-2064282-640x360.jpg?v=5710b2ed1cee1bdfd30cb9c02455b43d#)
Fed Chair Jerome Powell speaks to 60 Minutes
See the interview, Sunday at 7 p.m. ET/PT on CBS
Watch CBS News
See the interview, Sunday at 7 p.m. ET/PT on CBS
U.S. central bank chief urges Congress to boost relief, saying that a deeper slump "can leave behind lasting damage."
"The Fed has to bring the big guns," one analyst said of the central bank's efforts to rescue a slowing U.S. economy.
It's the biggest rate cut since the 2008 financial crisis — central bank says the virus poses "evolving risks."
Jerome Powell says economic growth is holding up, bolstered by the lowest jobless rate in nearly 50 years.
Jerome Powell visits White House for a chat with the president who has called U.S. central bankers "boneheads"
Central bank sees U.S. economy growing at solid pace, although slower growth overseas and trade tensions pose risks
U.S. central bank lowers borrowing costs for a third time this year, but signals it's the last cut for some time
Central bank has had to inject $200 billion into the banking system this week alone, though experts say not to worry
Trade war jitters, a manufacturing slowdown and other factors point to a second rate cut this year by the Fed
Federal Reserve Chairman Jerome Powell said interest-rate cuts can't offset the impact of trade tensions
While President Trump blasts Jerome Powell for slowdown, Fed officials put the blame squarely on trade tensions
White House's latest China tariff threat intended to scare central bank into more interest-rate cuts, analysts say
For most Americans, lower borrowing costs might not help as much as it has in the past -- here's why
On climate change, gold standard, even the president's authority, the Fed chair and the man who appointed him are at odds
The nation's central bank chief threw cold water on the idea that the current job market is the "strongest ever"
Trump nominee Judy Shelton wants to put the U.S. back on a gold standard --but no other country uses it, Powell noted
"What if the president calls you and said, 'I'm firing you. Pack up. It's time to go'?" Jerome Powell had an answer
The president says "nobody ever heard of" Powell before Trump named him to run the Fed
Central bank officials say the economic outlook is increasingly uncertain -- and signal their readiness to cut rates
Investors increasingly expect the central bank to cut interest rates for the first time since 2008
Again bashing the Fed, the president groused that the central bank's top policymakers are "not my people"
Central bank would lower rates if trade feud with China and Mexico put drag on U.S. growth, Fed Chair Powell suggests
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.
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
Former President Donald Trump is slated to accept the GOP's nomination for president on the fourth and last day of the Republican National Convention.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Justice Department lawsuit accuses employees of Southwest Key, a Texas-based organization, of sexually abusing and harassing unaccompanied migrant children in its shelters.
Many questions remain about the possible motive and political views of the 20-year-old who tried to assassinate former President Donald Trump.
A man who authorities have described as a dangerous pedophile was arrested in Georgia, nearly 30 years after he fled an Oregon prison.
Sonya Massey was killed after Sangamon County deputies responded to her 911 call about an intruder early on July 6, officials said.
July is on track to see the fifth consecutive monthly drop in migrant apprehensions along the U.S.-Mexico border.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Justice Department lawsuit accuses employees of Southwest Key, a Texas-based organization, of sexually abusing and harassing unaccompanied migrant children in its shelters.
Dobbs was an early and vocal supporter of former President Donald Trump during his candidacy for the White House in 2020 and throughout his presidency.
The latest forecast indicates temperatures will likely be warmer than usual for much of the U.S. in August, September and October.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
Bissell says it has received more than 150 reports of burn injuries from recalled product. Here's how consumers can get a refund.
John Deere & Co. says the farm equipment maker will no longer participate in "social or cultural awareness" events.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
The buyer intends to keep the fossil in the U.S., and is exploring making it available for public display.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Justice Department lawsuit accuses employees of Southwest Key, a Texas-based organization, of sexually abusing and harassing unaccompanied migrant children in its shelters.
Dobbs was an early and vocal supporter of former President Donald Trump during his candidacy for the White House in 2020 and throughout his presidency.
A federal appeals court has blocked the implementation of the Biden administration's student debt relief plan, which would have lowered monthly payments for millions of borrowers.
Trump would also lead Harris. Voters say both Biden and Trump encouraged national unity after assassination attempt against Trump.
The now-recalled Diamond Shruumz gummies had been sold legally, but testing found they contained an illegal controlled substance.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
President Biden has tested positive for COVID-19, prompting an array of questions about his health and condition. Here's what we know so far.
Public safety and health care organizations are using drones to speed up lifesaving treatment during medical emergencies in which every second counts.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle discrimination suits, the state has agreed to reverse course.
Far-right Israeli official Itamar Ben-Gvir paid a controversial visit to a contested holy site as a rights group details alleged Hamas war crimes.
The cubs - a female named Tochka and a male named Timur - explored their enclosure together with their mother, 13-year-old Katinka.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
Michael Travis Leake, who fronted Moscow-based rock band Lovi Noch, was detained in June 2023.
Canada plans to buy 12 new submarines as the U.S. and its allies and adversaries step up operations in the thawing Arctic.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
After nearly four years of legal disputes, renowned wedding dress designer Hayley Paige has regained the right to use her name and control of social media accounts.
Emmy award-winning actor Sheryl Lee Ralph joins "CBS Mornings" to talk about her new comedy, "The Fabulous Four," and her third Emmy nomination for "Abbott Elementary."
Oprah Winfrey selected "Familiaris" by David Wroblewski as her latest book club pick. Watch the author, David Wroblewski, read an excerpt from his long-awaited follow-up to his bestselling debut, "The Story of Edgar Sawtelle."
Oprah Winfrey selected "Familiaris" by David Wroblewski as her latest book club selection. Watch as author David Wroblewski answers reader's guide questions about his novel.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Apple users can now download an early version of a new iPhone operating system that will be officially released this fall.
AT&T on Friday disclosed that hackers had accessed records of calls and texts of "nearly all" its cellular customers for a six-month period between May 1, 2022, and Oct. 31, 2022. Jo Ling Kent reports.
The melting of glaciers and polar ice sheets causes water to move closer to the equator, fattening the planet and slowing its rotation, according to a recent study.
Spade-toothed whales are the world's rarest, with no live sightings ever recorded. Until, perhaps, now. One may have washed up onto a New Zealand beach.
Symptoms among the new bird flu cases included "fever, chills, coughing and sore throat/runny nose," alongside pink eye and eye tearing, a CDC spokesperson confirmed Monday.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
The 2024 Atlantic hurricane season got off to a deadly start as Hurricane Beryl tore across the Caribbean, Mexico and eventually the U.S.
A man who authorities have described as a dangerous pedophile was arrested in Georgia, nearly 30 years after he fled an Oregon prison.
Sonya Massey was killed after Sangamon County deputies responded to her 911 call about an intruder early on July 6, officials said.
Kayla Wright's body was found in a truck-bed-style toolbox on a sandbar in the Missisquoi River in February.
A man convicted of killing a delivery driver who stopped for cash at an ATM to take his wife to dinner is scheduled for execution in Alabama, which has agreed to forgo the usual post-execution autopsy.
More women, children and entire families have fallen victim to indiscriminate violence in areas where drug cartels are fighting bloody turf battles.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
It has been two years since NASA's James Webb telescope gave us a stunning first look at the depth of our universe. To commemorate the achievement, NASA has released new images showing two distant galaxies interacting with each other. Jane Rigby, astrophysicist and a senior project scientist for the Webb telescope at NASA, joins CBS News to discuss.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
SpaceX's Falcon 9 rocket suffered a catastrophic engine failure as it launched a batch of Starlink satellites into orbit Thursday night, the first time in nearly a decade the rocket has failed. CBS News space consultant Bill Harwood has more on that and the latest images from the James Webb Space Telescope.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Former President Donald Trump says he rewrote his Republican National Convention speech to focus on unity after Saturday's assassination attempt. CBS News' Jake Rosen and Ed O'Keefe join to preview the address.
Former House Speaker Nancy Pelosi is denying a report that she told President Biden she is pessimistic about him defeating former President Donald Trump in November. Ashley Etienne, former communications director for Vice President Kamala Harris and Pelosi, joins "America Decides" with analysis.
President Biden is facing growing calls from within his party to bow out of the 2024 race. Kevin Munoz, Biden-Harris campaign senior spokesman, joins "America Decides" to discuss the state of the president's reelection bid.
Former President Donald Trump's national lead over President Biden has grown to 5 points among likely voters in the wake of the assassination attempt, according to new CBS News polling. The figures represent Trump's largest national lead over Mr. Biden in the 2024 race thus far. CBS News' Anthony Salvanto, Caitlin Huey-Burns and Weijia Jiang have the latest.
Bob Newhart, comedy icon and the star of "The Bob Newhart Show" and "Newhart," has died, his publicist said. He was 94.