WASHINGTON (AP) — President Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an…
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night after the major averages slid to start the…
Jerome Powell arrives for a dinner during the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, on Aug. 21. (Bloomberg) — A key US inflation gauge probably ticked higher last month, underscoring the challenge Federal Reserve…
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term…
WASHINGTON (AP) — President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud, the latest example of the Trump administration’s efforts to gain control…
Private equity stocks languish in August President Donald Trump’s move to grant savers greater access to alternative assets in 401(k) plans hasn’t been enough to spare private equity stocks from a rocky August. Blackstone, KKR, Apollo and Ares Management are…
SoftBank will invest $2 billion into Intel, chipmaker’s shares rise Japanese conglomerate SoftBank will invest $2 billion into Intel, according to an announcement from the two companies. SoftBank will pay $23 per share of Intel’s common stock. The chipmaker’s shares…
All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a central bank conference in Jackson Hole, Wyo. The annual event previously has served as an opportunity…
(Bloomberg) — A big week is coming up for the Federal Reserve and central bank enthusiasts. The Kansas City Fed’s annual Economic Policy Symposium kicks off Thursday evening in Jackson Hole, Wyoming. Chair Jerome Powell in remarks on Friday is…