Federal Reserve Chair Jerome Powell tests positive for COVID-19
CBSN
Federal Reserve Chair Jerome Powell has tested positive for COVID-19, the central bank announced Wednesday.
Powell, 69, "is experiencing mild symptoms," the Fed said in a statement. "Following Centers for Disease Control and Prevention guidance, he is working remotely while isolating at home."
The Fed noted that Powell was up to date with vaccines and boosters.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not "scheme" to mislead investors. In:
Washington — The Senate on Friday again failed to move forward with legislation to fund the Department of Homeland Security, extending the shutdown that has snarled air travel around the country. Alan He and Caitlin Huey-Burns contributed to this report.
Muddy floodwaters from severe rains inundated streets, swallowed vehicles and prompted evacuation orders for thousands of residents in towns north of Honolulu on Friday as officials warned of the possible failure of a 120-year-old dam. In:
The Justice Department on Friday moved to dismiss its criminal case against two former Louisville police officers who were facing civil rights charges in connection with the shooting death of Breonna Taylor.
Although the Trump administration is pulling multiple levers to tame energy costs amid the widening Iran war, the average price of gasoline in the U.S. on Friday neared $4 a gallon, raising questions about whether those efforts are working. Edited by Alain Sherter In:
The Emmy Award-winning "CBS News Sunday Morning" is broadcast on CBS Sundays beginning at 9:00 a.m. ET. "Sunday Morning" also streams on the CBS News app beginning at 11:00 a.m. ET. (Download it here.)
Washington — Pentagon officials have made detailed preparations for deploying U.S. ground forces into Iran, multiple sources briefed on the discussions told CBS News. In:
Delays at major U.S. airports across the country persist as Transportation Security Administration officers continue to work without pay and call-outs mount as the partial government shutdown drags on. In:
For U.S. consumers, soaring oil prices due to the Iran war don't just mean pain at the pump — the impact is also likely to be felt by shoppers both in stores and online. In:
A second Marine Expeditionary Unit of about 2,200 Marines and three warships is headed toward the Middle East, as the war with Iran continues. In:
We may receive an affiliate commission from anything you buy from this article. In:
Police in Barcelona, Spain, said the death of James "Jimmy" Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident. In:
A 31-year-old Georgia woman has been charged with murder by police who say she took pills to induce an abortion in violation of a state law that bans it after the earliest weeks of pregnancy. In: