
Powell: Inflation Will Likely Remain Elevated Before Fading This Year
The Federal Reserve chair told lawmakers that high inflation over recent months is driven largely by temporary factors.
LEARN MOREChairman Jerome Powell suggested the Delta variant poses little threat to the economy despite growing concerns.
As debates swirl over whether the U.S. is headed for a recession, economists and everyday Americans look to multiple measurements to decide.
The Federal Reserve addressed recent bank runs in making its decision to raise interest rates.
Yellen reassured banking leaders, saying the Fed will continue to provide access to liquidity when it is needed.
Commenting on the indictment of former President Donald Trump could have different political implications for President Joe Biden.
An 18-minute video of the incident, recorded by one of the officers on the scene, shows Edward Bronstein handcuffed and on his knees.
Two anonymous sources told the Associated Press that Donald Trump faces at least one felony charge. Scripps News has not confirmed any charges yet.