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Investors are awaiting Jerome Powell’s keynote speech on Friday to look for hints of an interest-rate cut in September.
The day’s action again centered around stocks caught up in the mania around artificial-intelligence technology.
President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign, citing an allegation of potential mortgage fraud. "Cook must resign, now!!!" Trump wrote on his social media ...
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his ...
President Donald Trump on Wednesday urged Federal Reserve governor Lisa Cook to resign after a top housing regulator accused ...
Australian shares reached a record high, propelled by gains in the mining and banking sectors. Investors are keenly awaiting ...
U.S.-NATO MEETING: U.S. and NATO military officials will meet today to discuss security guarantees for Ukraine as the White ...
The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.
The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later ...
Financial markets are taking in a collective breath ahead of Jerome Powell's eighth and final keynote Jackson Hole speech as ...
Fed governor Lisa D. Cook is being accused of mortgage fraud by Bill Pulte, who serves as Trump’s director of the Federal Housing Finance Agency.
The meeting underscores policymakers’ reluctance to reduce a key rate until they get a clearer sense of tariff impacts.
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