Oil prices rise toward $100 as stocks slow on doubts about the US-Iran ceasefire
Business

Oil prices rise toward $100 as stocks slow on doubts about the US-Iran ceasefire

President Donald Trump presents Federal Reserve Chair Jerome Powell with what he Trump called a list of cost overruns for the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. Trump has recently threatened to oust Powell because, according to the president, the bank has not lowered interest rates fast enough.
National

Key week for the economy as the Federal Reserve makes latest decision on interest rates amid Trump criticism

The president's been angrily calling for a cut to interest rates but CBS' Jill Schelsinger says it's unlikely this week
by Lindsey Peterson, Stan Choe
President Donald Trump presents Federal Reserve Chair Jerome Powell with what he Trump called a list of cost overruns for the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. Trump has recently threatened to oust Powell because, according to the president, the bank has not lowered interest rates fast enough.
Business

Key week for the economy as the Federal Reserve makes latest decision on interest rates amid Trump criticism

The president's been angrily calling for a cut to interest rates but CBS' Jill Schelsinger says it's unlikely this week
by Lindsey Peterson, Stan Choe
There are worries about President Donald Trump’s anger at Federal Reserve Chair Jerome Powell which could lead to the president testing the limits of his power, and firing a Fed chair for the first time. Trump called Powell "a major loser" on Monday.
National

Can the president fire the chief of the Federal Reserve?

President Trump's anger at the Fed chair led to worry on Wall St. and again sent stocks tumbling
by Lindsey Peterson, Stan Choe
There are worries about President Donald Trump’s anger at Federal Reserve Chair Jerome Powell which could lead to the president testing the limits of his power, and firing a Fed chair for the first time. Trump called Powell "a major loser" on Monday.
National

Can the president fire the chief of the Federal Reserve?

President Trump's anger at the Fed chair led to worry on Wall St. and again sent stocks tumbling
by Lindsey Peterson, Stan Choe
There are worries about President Donald Trump’s anger at Federal Reserve Chair Jerome Powell which could lead to the president testing the limits of his power, and firing a Fed chair for the first time. Trump called Powell "a major loser" on Monday.
Business

Can the president fire the chief of the Federal Reserve?

President Trump's anger at the Fed chair led to worry on Wall St. and again sent stocks tumbling
by Lindsey Peterson, Stan Choe
Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024.
Local

Wall Street: Dow drops 1,000 points, S&P 500 sees worst day in nearly 2 years

by Stan Choe