Janet L. Powell, 92, of Dalton, New York, died peacefully on Wednesday, May 20, 2026, at the Livingston County Center for Nursing and Rehabilitation in Mount Morris, New York. She is predeceased by ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Jerome Powell’s stint leading the Federal Reserve is finished, but his battle with President Trump is far from over. Powell’s second four-year term as chair of the Fed board ended Friday, two days ...

The sharpest economic decline in American history, the highest inflation in more than 40 years, aggressive political attacks from the White House, and the worst-ever global energy shock. Those are ...

Powell argued that the inflation was “transitory” and that as the economy returned to normal, price hikes would slow. But in November 2021, Powell told senators that “it’s probably time to retire ...

WASHINGTON—Federal Reserve Chair Jerome Powell said Wednesday that he would stay on the central bank’s board after his chairmanship ends next month to defend the institution from what he called ...

Federal Reserve Chairman Jerome Powell announced that he will remain on the Fed’s Board of Governors beyond the end of his term as chairman next month, breaking with tradition at the central bank and ...

Ty Roush is a breaking news reporter based in New York City. Federal Reserve Chair Jerome Powell on Wednesday said he would remain as a central bank governor “for a period” after his chairmanship ends ...

Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank's headquarters continues. The statement ...

Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank. By Colby Smith Colby Smith covers the Federal Reserve.

After eight years as leader of the Federal Board of Governors, Jerome Powell leaves behind a considerable legacy. Jerome Powell concluded his final Federal Reserve Open Market Committee (FOMC) meeting ...

President Trump has once again threatened to fire Federal Reserve Chairman Jerome Powell, whose term is set to expire in a month. Trump also vowed to continue a criminal investigation of the central ...