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New York CNN —President Joe Biden will be sitting on the sidelines this Sunday as the campaign for the 2024 election heats up. Regardless, the Super Bowl snub reflects a larger Biden strategy: The president is leaning far less than his predecessors on the traditional media apparatus to get his message out, opting instead for alternative mediums to address the American people. “We are being less traditional because less people get their news from traditional mediums than ever before,” the Biden campaign official said. Biden’s media strategy has renewed such questions, with critics skewering him for keeping an arm’s length from the establishment press. While the president has regularly engaged in gaggles with the White House press corps, such forums don’t naturally lend themselves to the type of aggressive questioning that might come in a sit-down interview.
Persons: Joe Biden, Biden, , Conan O’Brien, Anderson Cooper, skewering, Scott Pelley, Fareed Zakaria, , ” Andrew Bates, Martha Kumar, Donald Trump, Barack Obama, Frank Sesno —, George Washington, Public Affairs —, ” Sesno, he’s Organizations: New York CNN, White, CBS News, Biden, YouTube, South, , CNN, White House, CNN White House, George Washington University’s School of Media, Public Affairs Locations: New York, South Carolina
A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023. That is, the Fed is pivoting toward cutting interest rates — not in March but sometime later in the year — and the central bank is expecting to reduce short-term interest rates three times in 2024. I never believed that the Fed would cut interest rates in March nor cut them as many as six times this year. While it's often said that interest rates go up an escalator and come down in an elevator, I believe this cycle will show itself to work in reverse. That, of course, could change should the economy slow significantly, or should the unemployment rate rise rapidly.
Persons: Jerome Powell, Brendan Mcdermid, Powell, Scott Pelley, We're, Pelley, it's Organizations: Federal Reserve, New York Stock Exchange, Reuters, Federal, Committee, Fed Locations: United States
The Federal Reserve in December forecast three interest rate cuts in 2024. In a "60 Minutes" interview, Fed Chair Jerome Powell said nothing has "dramatically" changed since. AdvertisementIn a "60 Minutes" interview on Sunday, Fed Chair Jerome Powell said that the Federal Reserve's December 2023 forecasts for three interest rate cuts this year remain the same. AdvertisementSince July, the Fed interest rate has sat at 5.25% to 5.5%. But despite a strong labor market and cooling inflation, Powell said in the interview that the Fed wants to see "more evidence that inflation is moving sustainably down to 2%" to make interest rate cuts sooner.
Persons: Jerome Powell, Powell, , Scott Pelley, Pelley, presser, Donald Trump Organizations: Federal Reserve, Service, Federal, Market Committee, Associated Press, Bank of America, Fed, Fox News
CNBC's Jim Cramer on Monday unpacked Federal Reserve Chairman Jerome Powell's comments on inflation, saying that even though it's unclear when rates will come down, there is money to be made in the interim. He encouraged investors to buy stocks and not just keep money in lower-risk investments. "I'm beginning to believe that the biggest money will be made between this period where the Fed's holding pat and the moment where we get the first rate cuts," Cramer said. After the Federal Reserve's meeting last week, Powell said the central bank would cut rates sometime this year, but not likely in March, when many on Wall Street expected. Cramer conceded that some investors think stocks are a reckless option until the Fed starts cutting.
Persons: CNBC's Jim Cramer, Jerome Powell's, Cramer, Powell, Scott Pelley Organizations: Wall, Fed
Before the Bell spoke to Joe Mazola, director of Schwab Trader Education, about the growing importance of retail investors in markets, where Main Street is investing and why people are still enamored with Elon Musk. Why is it so important to single out retail investors and track where they’re putting their money? Is there a big difference between what retail investors and institutional investors are doing right now? That means the Fed is due to cut rates in 2024, which officials themselves projected in December. We just want some more confidence before we take that very important step of beginning to cut interest rates,” he told “60 Minutes” correspondent Scott Pelley.
Persons: Elon Musk’s, Tesla, Charles Schwab, Schwab, Bell, Joe Mazola, Elon Musk, Joe Mazzola, it’s, they’re, there’s, They’ve, Powell, Jerome Powell, “ We’ve, ” Powell, , Price, , Scott Pelley, Read, 23andMe, Anne Wojcicki, ” Wojcicki, they’ve, Wojcicki Organizations: CNN Business, Bell, New York CNN, Tesla, Big Tech, Nvidia, Amazon, Microsoft, Devices, Schwab Trader Education, Elon, Treasury, Federal Reserve, Investors, CBS, Fed, Nasdaq, CNN Locations: New York, Street, Silicon Valley
Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed's interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024. Federal Reserve Chair Jerome Powell vowed in an interview aired Sunday that the central bank will proceed carefully with interest rate cuts this year and likely will move at a considerably slower pace than the market expects. "We want to see more evidence that inflation is moving sustainably down to 2%," Powell added. We just want some more confidence before we take that very important step of beginning to cut interest rates." Powell was broadly optimistic about the economy, noting that inflation, while still above the Fed's target, has moderated while the jobs market is strong.
Persons: Jerome Powell, Powell, wouldn't, Scott Pelley, payrolls, hasn't, haven't Organizations: Federal Reserve, Federal, CBS, Labor Department Locations: Washington , U.S, Jackson Hole , Wyoming
New York CNN —Federal Reserve Chair Jerome Powell said the time is coming for interest rate cuts, but asked Americans for a bit more patience in the central bank’s fight against inflation. That means the Fed is due to cut rates in 2024, which officials themselves projected in December. But the central bank’s January policy statement pushed back on expectations of the first rate cut coming at their next meeting in March. Still, financial markets see a 20% chance the Fed will cut rates in March and a 71.3% chance they cut in May, according to the CME FedWatch Tool. But that hasn’t stopped Congress from pressuring Powell to cut rates.
Persons: Jerome Powell, “ We’ve, ” Powell, , Price, Powell, , Scott Pelley, can’t, hasn’t, Democratic Sen, Sherrod Brown, ” Brown, Brown, Elizabeth Warren, we’re Organizations: New, New York CNN — Federal, CBS, Fed, Federal Reserve, Governors, Democratic, Banking, New York Community Bancorp, New York Community Locations: New York, Street, Ukraine, Asia,
President Biden is sitting out the Super Bowl for the second year in a row. In a tradition dating to 2009, presidents have recorded an interview with the network that broadcasts the Super Bowl, although there have been exceptions. Last year, Mr. Biden declined to appear on Fox, home of cable hosts like Sean Hannity who are sharply hostile toward him. But the White House has been receptive to CBS News in the past. “We hope viewers enjoy watching what they tuned in for — the game,” Ben LaBolt, the White House communications director, said in a statement on Saturday.
Persons: Biden, Donald J, Trump, Sean Hannity, Norah O’Donnell, Scott Pelley, ” Ben LaBolt Organizations: Super Bowl, CBS, White, NBC, Fox, CBS News, White House
He told 60 Minutes that China has stolen more US data "than every nation, big or small, combined." Stolen more of our personal and corporate data than every nation, big or small, combined," Wray told 60 Minutes' Scott Pelley in an interview that aired on Sunday. Wray told Pelley China's intelligence work poses a significant threat to the US. "You seem to be saying that the Chinese government is running a criminal enterprise," Pelley told Wray during the interview. In a statement to 60 Minutes, China said it "firmly oppose the groundless allegations and smears" by the news program's interviewees.
Persons: Christopher Wray, Wray, , Scott Pelley, Pelley, that's, Wang Wenbin, Wang, Richard Moore, Moore, Politico's Anne McElvoy . Organizations: Service, Street Journal, China's, Journal, Embassy, Foreign Ministry, China's Foreign Locations: China, Canada, Australia, New Zealand, Cuba, Washington
And based on what I’ve seen, it appears as though it was done by the other team, not you. And Americans are worried,” Biden told Netanyahu as they began a bilateral meeting, acknowledging the complex dynamic. Hospital blast looms over tripThe trip comes less than a day after a horrifying blast at Al-Ahli Baptist Hospital in Gaza City. Biden landed in Israel on October 18, on a solidarity visit following Hamas attacks that have led to major Israeli reprisals. “The Jews have been subject to abuse, prejudice and attempts to wipe them out for, oh, God, over a thousand years,” Biden told interviewer Scott Pelley.
Persons: Joe Biden, , Biden, Israel –, Benjamin Netanyahu –, ” Biden, Netanyahu, , ” Netanyahu, Israel, you’ve, King Abdullah II of Jordan, Abdel Fattah el, Mahmoud Abbas, , Abbas, Benjamin Netanyahu, Evan Vucci, Israel “, Isaac Herzog, CNN Israel readies, Brendan Smialowski, BRENDAN SMIALOWSKI, Brednan Smialowski, it’s, John Kirby, Netanyahu’s, , ” Kirby, Scott Pelley, It’s Organizations: CNN, Israel, Tel Aviv Wednesday, Ahli Baptist Hospital, Palestinian, Defense Intelligence Agency, Malaysia Airlines Flight, Hamas, Air Force, Israeli, United, ” Israel, Tel Aviv's, Getty, National Security, Advisers Locations: Israel, Gaza City, Gaza, Tel Aviv, United States, Iran, Jordan, Al, Ahli, Jihad, Russian, Ukraine, Egypt, Tel Aviv's Ben Gurion, AFP, , Dachau
President Joe Biden doesn't think US troops need to be sent to Israel. In a 60 Minutes interview, Biden said "Israel has one of the finest fighting forces." Biden also said the US would support Israel by giving them "everything they need." AdvertisementAdvertisementPresident Joe Biden doesn't think the US needs to deploy troops into Israel. Israel has one of the finest fighting forces in the country," Biden told 60 Minutes' Scott Pelley in an interview that aired on Sunday.
Persons: Joe Biden doesn't, Biden, , Scott Pelley, Biden's, John Kirby, Kirby, Pelley, Lloyd Austin, Yoav Gallant Organizations: Service, White, National Security, Fox News, Hamas, Palestinian, Pentagon, US Navy, Defense, Israel, ISIS, Civilian Locations: Israel, States, Gaza
President Joe Biden called Hamas' attacks on Israel "pure barbarism" in a 60 Minutes interview. He said the group needed to be eliminated while also calling for a Palestinian state. AdvertisementAdvertisementPresident Joe Biden on Sunday said Hamas should be eliminated entirely while also calling for a path to establish a Palestinian state. During a 60 Minutes interview that aired Sunday, Biden reaffirmed his denunciation of Hamas' surprise attack on Israel that occurred on October 7. The president also said Hamas should be eradicated after 60 Minutes correspondent Scott Pelley asked if he believed the group should be "eliminated entirely."
Persons: Joe Biden, Biden, , Scott Pelley, Israel Organizations: Service, Sunday Locations: Israel, Palestinian, Palestine, Lebanon
CNN —President Joe Biden warned Israel against occupying Gaza in one of his most notable public calls for restraint as the Israelis respond to this month’s terror attacks by Hamas. In an interview with CBS’ “60 Minutes” that aired Sunday, Biden said it would be a “big mistake” for Israel to occupy Gaza. Israel has been signaling it is preparing for a ground invasion of Gaza, even as a humanitarian crisis grows inside the coastal Palestinian enclave. “What happened in Gaza, in my view, is Hamas and the extreme elements of Hamas don’t represent all the Palestinian people,” Biden told interviewer Scott Pelley. In its response, Israel unleashed a massive bombing campaign against the northern Gaza Strip, from which Hamas launched its attack.
Persons: Joe Biden, Biden, ” Biden, Scott Pelley, Michael Herzog, CNN’s Jake Tapper, , ” Herzog, , , Pelley, ” “ Organizations: CNN, CBS, Palestinian, Hamas Locations: Gaza, Israel, United States, Palestinian, Iran
Washington CNN —President Joe Biden on Friday spoke with the families of the Americans who remain unaccounted for in Israel after promising to speak with family members of those who are held hostage by Hamas. The family members joined Biden from both Israel and the US for the video call, a source familiar with the conversation told CNN. It made for a large gathering, as multiple family members joined from different locations in some cases. We are confident that we are in good hands,” she said on “The Situation Room.”Cohen noted that she has many other family members unaccounted for. The US is in “direct communication” with Israeli counterparts and the families, Kirby told CNN’s Poppy Harlow on Friday morning.
Persons: Joe Biden, Biden, , , John Kirby, Biden “, Roger Carstens, Kirby, ” Kirby, Saray Cohen, CNN’s Wolf Blitzer, ” Cohen, CBS ’ Scott Pelley, ” Biden, White, CNN’s Poppy Harlow, Antony Blinken Organizations: Washington CNN, National Security, Biden, CNN, CBS, FBI, Pentagon Locations: Israel, Philadelphia, United States, America, Gaza, Qatar, Afghanistan, Iraq
NEW YORK (AP) — The iconic stopwatch won't be reset, but for six episodes this fall, “60 Minutes” will become 90 minutes. Political Cartoons View All 1154 ImagesMore than a half century in, “60 Minutes” remains the most popular show in television news. “60 Minutes” has almost completely turned over its correspondent corps since its glory years, with Lesley Stahl remaining as the elder stateswoman. It's almost a defiant normalcy.”Besides Whitaker, Stahl, Vega and Pelley, the current “60 Minutes” correspondent team includes Sharyn Alfonsi, Anderson Cooper and Jon Wertheim. “I think Morley would be proud of this show.”
Persons: , Bill Owens, George Cheeks, Owens, , Bill Whitaker, That's, Lesley Stahl, Cecilia Vega, ” Owens, Vega, Whitaker, Scott Pelley —, Edward R, Murrow, ” Whitaker, Stahl, Alfonsi, Anderson Cooper, Jon Wertheim, Pelley, Morley Organizations: CBS, NFL, Hollywood, Nielsen, ABC, U.S ., Locations: Coast, Isle of, Poland, Russia, Ukraine, Russian, Europe, U.S
Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Google and Alphabet CEO Sundar Pichai said "every product of every company" will be impacted by the quick development of AI, warning that society needs to prepare for technologies like the ones it's already launched. "This is going to impact every product across every company," Pichai said. Pelley viewed other areas with advanced AI products within Google, including DeepMind, where robots were playing soccer, which they learned themselves, as opposed to from humans. Another unit showed robots that recognized items on a countertop and fetched Pelley an apple he asked for.
Sundar Pichai has discussed the capabilities of AI and its potentially huge effect on society. In a "60 Minutes" interview, Pichai said AI could be more profound than fire or electricity. Sundar Pichai, CEO of Google's parent company Alphabet, says artificial intelligence could be the most profound technology in human history. In an interview on CBS's "60 Minutes," which aired on Sunday, Pichai said he thought of AI "as the most profound technology humanity is working on. Microsoft, Google's old rival and a prominent investor in OpenAI, has already released an AI-powered version of its Google Search competitor, Bing.
Biden says it "remains to be seen" if he will run for president again in 2024. He said he had expressed his intention to run again, but "it's just an intention." Pelley asked Biden if he was committed to a 2024 run, or if "certain conditions" would factor into that decision. But it's just an intention," Biden said. If Biden — who is approaching 80 — were to run and win, he would become the US' oldest sitting president, breaking his own record.
President Biden said the COVID-19 pandemic was over in an interview with CBS News on Sunday. "We're still doing a lot of work on it, but the pandemic is over," said Biden. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. "The pandemic is over," Biden said, but acknowledged the virus is still a problem. In May, the President told Americans to not grow numb as the country's death toll rose to 1 million people.
President Biden sat down with "60 Minutes" in an interview that aired on Sunday night. Biden said that Trump's retention of classified documents was "totally irresponsible." "I don't want to get myself in the middle of whether or not the Justice Department should move or not move on certain actions they could take," Biden told "60 Minutes." Biden also reiterated that he was not given advance notice of the FBI search of Trump's Mar-a-Lago estate on August 8. In the wide-ranging interview with "60 Minutes", Biden also declared that the "pandemic is over" and that he wouldn't commit to running again in 2024.
Some public health experts worry that political motives are driving the President's desire to declare the pandemic over, rather than protection of the public's health. It's a 9/11, week after week after week," said Gregg Gonsalves, an epidemiologist at the Yale School of Public Health. The World Health Organization recognizes a global health threat as something different: a public health emergency of international concern, or PHEIC. The US also recognizes a public health emergency. Covid-19 is still considered to be a public health emergency both domestically and around the world.
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