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.
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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.
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.
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.
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.
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.
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.
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
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.
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.
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.
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.
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.
President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut interest rates.
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 administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
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.
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.
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.
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
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.
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.
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.
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.
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.
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.
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
Sen. Ron Wyden says he believes the government had "ample evidence" that Epstein was involved in drug trafficking.
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
Democrats would have to convince at least four Republicans to join their discharge petition to force a floor vote.
Allegations of abuse of women and girls by union leader Cesar Chavez were first reported by the New York Times on Wednesday.
Sen. Markwayne Mullin appeared before the Senate Homeland Security and Governmental Affairs Committee as the Senate considers his confirmation to replace Kristi Noem as DHS secretary.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Acting deputy TSA administrator Adam Stahl says the situation will get worse the longer the agency and the Department of Homeland Security don't receive funding.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Sen. Ron Wyden says he believes the government had "ample evidence" that Epstein was involved in drug trafficking.
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
Allegations of abuse of women and girls by union leader Cesar Chavez were first reported by the New York Times on Wednesday.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
As Disney CEO, Josh D'Amaro will be in charge of a massive entertainment empire that includes parks, movies and a streaming service.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
Sen. Ron Wyden says he believes the government had "ample evidence" that Epstein was involved in drug trafficking.
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
Democrats would have to convince at least four Republicans to join their discharge petition to force a floor vote.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
Sen. Markwayne Mullin is appearing before the Committee on Homeland Security after President Donald Trump nominated him to replace Kristi Noem as the Homeland Security Secretary.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Treasury chief Scott Bessent said Russia wouldn't benefit from an easing of oil sanctions to calm energy markets. But Russia is.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
The skeleton is the latest in a series of bodies discovered in the city of Dijon that were mysteriously buried in a seated position while facing west.
Italian soldiers are patrolling Rome's ancient Jewish quarter and Belgian troops will help secure Jewish sites as an official warns the threat of antisemitic violence "is very real."
Video widely shared online showed a woman angrily confronting a robot as it waved its metallic arms at her, while a crowd of onlookers gathered around.
The band The Last Dinner Party is coming to the U.S. next week to tour its second album, "From the Pyre." The members of the band spoke to Anthony Mason about how they met, their rapid rise to fame and the support they've had along the way.
For more than 30 years, Vanity Fair has thrown an exclusive Oscar's after party. This year, the magazine's new global editorial director Mark Guiducci decided to trim the guest list, didn't allow press inside and even required guests to put a sticker over their phone camera for privacy. He speaks to "CBS Mornings" and gives an up-close look at the party.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
From intelligence to research and grant applications, artificial intelligence is playing a bigger role in government and military operations.
A verdict could come as soon as Tuesday in the landmark trial against Meta and Google for allegedly fueling social media addictions. CBS News contributor Jessica Levinson has more.
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.
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The Federal Reserve announced Wednesday it would hold interest rates steady at 3.5% to 3.75%. CBS News' Kelly O'Grady reports.
Illinois Lt. Gov. Juliana Stratton is projected to go up against Republican Don Tracy in November to win retiring Sen. Dick Durbin's seat. CBS News political director Fin Gomez has more details.
Sen. Markwayne Mullin appeared before the Senate Homeland Security & Governmental Affairs Committee on Wednesday for a confirmation hearing to replace DHS Secretary Kristi Noem. CBS News congressional reporter Taurean Small has more.
President Trump hasn't made up his mind yet on sending U.S. troops to Iran to seize the country's nuclear material, sources tell CBS News. CBS News' Ed O'Keefe reports.
Top U.S. intelligence officials testified before the Senate Select Committee on Intelligence about worldwide threats. Senators pressed Director of National Intelligence Tulsi Gabbard about intelligence assessment and what was shared with President Trump before U.S.-Israeli conducted strikes against Iran. CBS News' Taurean Small has more.