Trump nominates Kevin Warsh as next Federal Reserve Board chair
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
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President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
President Trump's plans to ease the financial pressures on Americans are bold but could backfire, experts said.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
Bitcoin has erased all of its 2025 gains and is on track for its worst monthly performance since 2022. Here's what experts say about the decline.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
The Fed held off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
A vintage banknote and an even older coin collectively sold for nearly $1 million at a multi-day bidding event in Dallas.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Once the fog moves out, expect plenty of sunshine in the afternoon.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Pima County Sheriff Chris Nanos told CBS News the suspect's backpack is one of the most promising leads in the case, as the search continues for Nancy Guthrie.
The shutdown has halted pay for key federal workers and stirred concern among travelers and frontline staff.
Authorities say the confrontation began during a late‑night arrest attempt and remains under active investigation.
Once the fog moves out, expect plenty of sunshine in the afternoon.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Racing fans—get ready. The Java House Grand Prix of Arlington is set to roar into town this spring, bringing a brand‑new kind of excitement to North Texas.
Pima County Sheriff Chris Nanos told CBS News the suspect's backpack is one of the most promising leads in the case, as the search continues for Nancy Guthrie.
The shutdown has halted pay for key federal workers and stirred concern among travelers and frontline staff.
As Texas, in recent years, has experienced an increase in its infant mortality rate, it has seen a growing interest in bereavement care for families.
Internal turmoil, missing records, and clashing narratives raise new questions about the nonprofit's management and oversight.
The CEO a Dallas nonprofit resigned after a CBS News Texas I-Team investigation that revealed the organization had failed to follow through on its core promises.
Seven years after a deadly school bus-train crash in Athens, the same crossing still lacks gates or lights—despite repeated promises to fix it.
A CBS News Texas investigation found those daily meals no longer being delivered to schools, despite the nonprofit's claims to the contrary.
President Trump met with Israeli Prime Minister Benjamin Netanyahu in December at Mar-a-Lago with Mr. Trump saying the U.S. would support strikes if no deal was made with Iran.
Democrats have demanded reforms to immigration enforcement, including barring officers from wearing masks.
It is one of two Democratic majority districts in North Texas after the 32nd Congressional District was redrawn to have a majority of Republicans.
Casey Wasserman, the chair of the 2028 Los Angeles Olympics organizing committee, says he is selling his eponymous talent agency in the wake of the release of emails between himself and Ghislaine Maxwell.
President Obama spoke about the "unprecedented nature" of what he said Immigration and Customs Enforcement agents did in Minnesota.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
Even though life in a cancer center may be monotonous, the patients opened up once they saw the golden pile of fur.
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
Weather-related closures left Carter BloodCare 4,000 units of blood and blood components short of what it needs.
The state of Texas is investing $50 million in research on psychedelic therapies.
Walk with a Doc invites community members to join low-pressure group walks led by physicians.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
Salad and Go, a drive-thru salad chain, said on Wednesday that it will close all remaining Texas and Oklahoma stores.
Lindsey Vonn, the 41-year-old Olympic veteran from Colorado, also reflected on her Olympic crash, saying, "I don't have regrets."
Olympic organizers promise that the villages where athletes live won't run out of free condoms again during the Milan Cortina Winter Games.
It is Jordan Stolz's second gold medal of the 2026 Winter Games, breaking a world record.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
A packed crowd in Frisco watches Ben Shelton and Tommy Paul battle under the lights as the Nexo Dallas Open heats up.
The singer-songwriter who's remained on Billboard's Hot 100 Chart for seven straight decades has just released his latest album, "Inspirations of Life and Love." A youthful 84, he talks about his artistic longevity.
At 28, Australian actor Jacob Elordi has earned his first Academy Award nomination for his haunting portrayal of the Creature in Guillermo del Toro's "Frankenstein." He talks about his love of acting, and why he has no relationship with social media.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
