Fed Chair Powell: The US won't have negative interest rates
As President Trump calls for negative rates, Federal Reserve Chairman Jerome Powell tells 60 Minutes the central bank won't lower interest rates below zero.
As President Trump calls for negative rates, Federal Reserve Chairman Jerome Powell tells 60 Minutes the central bank won't lower interest rates below zero.
History shows the aftermath of plagues have brought about radical transformations for societies. So what changes could come in the aftermath of COVID-19?
The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to breathe life into the economy and what outcomes he's trying to avoid on the road to economic recovery.
Jerome Powell lays out his thoughts on getting the economy back to its pre-coronavirus numbers. The transcript from the Federal Reserve chairman's interview with Scott Pelley.
As President Trump calls for negative rates, Federal Reserve Chairman Jerome Powell tells 60 Minutes the central bank won’t lower interest rates below zero.
As President Trump calls for negative rates, Federal Reserve Chairman Jerome Powell tells 60 Minutes the central bank won’t lower interest rates below zero.
The Chairman of the Federal Reserve seldom gives interviews, but Ben Bernanke and Jerome Powell have both granted them to Scott Pelley in trying times for the U.S. economy.
History shows the aftermath of plagues have brought about radical transformations for societies. So what changes could come in the aftermath of COVID-19? Jon Wertheim reports.
Dr. Rick Bright says he's trained his entire life to recognize outbreaks and viruses. But when he sounded the alarm about the impending coronavirus pandemic, he says the Trump administration ignored his warnings and eventually pushed him out of his job. Norah O’Donnell reports.
The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to breathe life into the economy and what outcomes he's trying to avoid on the road to economic recovery.
Here's a look at the top stories making headlines on the "CBS Weekend News" anchored by CBS Portland, Oregon, affiliate KOIN-TV's Jeff Gianola.
A war of words between President Trump and former President Barack Obama is escalating over how U.S. leadership has prepared for and responded to the COVID-19 outbreak. Nikole Killion has the latest.
As some states push to reopen, some parts of the pre-coronavirus lifestyle have returned to normal this weekend. However, there are instances where fewer restrictions came with a surge in virus illnesses. Jamie Yuccas reports.
Countries all over the world are shifting their focus to coronavirus testing and contact tracing. Authorities in Wuhan, China, are testing all citizens again -- and their strict lockdown appears to have stamped out new infections. Elizabeth Palmer reports.
As the drug remdesivir has been shown to modestly shorten recovery time from the coronavirus, researchers at Emory University Hospital in Atlanta are adding even more fire power to the battle against the virus. Dr. Jon LaPook takes a look.
Baseball Hall of Famer Andre "The Hawk" Dawson was an all-star for the Expos in Montreal, and an MVP for the Cubs in Chicago. Now, he's taking on a new responsibility: Caring for folks in Florida who have lost loved ones during the pandemic. Manuel Bojorquez reports.
Phyllis George was a Texas beauty queen who broke barriers in sportscasting on CBS. She died Saturday at age 70. Meg Oliver has more.
The coronavirus crisis has exposed the disparities between the country's wealthy and poor communities -- but a school in Texas has stepped up to bridge that divide. Mireya Villarreal has their story.
"There are still 60 minutes in an hour and, for one more month, 60 Minutes on Sunday night. We’ll be here with new shows in June, grateful to stay a part of your routine a little longer."
More than 700 cases were reported Friday in the Amarillo region, where meatpacking plants have been targeted for increased testing.
As the coronavirus pandemic has left a trail of destruction in the U.S. and around the world. In addition to the high death rates and sagging economies, it's also having a significant impact on those with mental health issues. CBS news political reporter Grace Segers joins CBSN's Elaine Quijano to discuss how the crisis is affecting people's mental health and well-being.
More than 230 firefighters were called to battle the blaze.