Last updated: 2025-11-21 17:21:31 ET
With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.
Market expectations of a December rate reduction jumped after a top ally of the Fed chair countered recent opposition to a cut.
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.’
A federal judge slammed John Cantú, a senior Immigration and Customs Enforcement official, over his answers when questioned about Kilmar Abrego Garcia's deportation case. CBS News' Katrina Kaufman reports.
Authorities arrested a high school assistant principal in Virginia on Wednesday after he and his brother allegedly made detailed plans to attack feder...
The Ministry of Defence (MOD) has identified 13 locations across the UK for new munitions and energetics factories as part of a £1.5bn investment to ramp up domestic weapons manufacturing. Defence secretary John Healey said the sites, located in reg...
CNN data guru Harry Enten said on Wednesday that President Donald Trump was blowing his competition out of the water — both Republicans and Democrat...
On today's episode of CNBC Crypto World, bitcoin rebounds after briefly falling as low as $89,259. Also, two U.S. Senators call for an investigation i...
The man accused in the killing of beloved Laney College athletic director John Beam in Oakland was charged with murder on Monday, and faces a gun enha...
John Wong co-founded Wong Kai Imports in 1983 alongside his two brothers after the family immigrated to the US from Hong Kong.
