Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

HISTORICAL FACTS: 35 - Caught on Camera

Trump’s push to fire Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation)

The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence.

The Conversation

Opendoor (OPEN) Stock Surge Continues As Rate Cut Hopes Fuel Real Estate Rally

Shares of Opendoor Technologies Inc (NASDAQ:OPEN) shares are surging again Tuesday, contributing to a 48% gain over the past five trading sessions. The move higher comes amidst a broader rally in the real estate sector, fueled by optimistic signals from the Federal Reserve.

Benzinga

Stocks dip amid Trump’s Fed move and French worry

The FTSE 100 index closed down 55.60 points, 0.6%, at 9,265.80.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

House panel says it will examine allegations against Fed's Cook - Roll Call

President Trump's firing of a Fed governor comes amid wider scrutiny of the central bank, including by a House Financial Services task force.

Roll Call

Fed’s Jerome Powell Just Painted a Grim Picture of the U.S. Economy After GDP ‘Slowed Notably’ and Job Growth Stalls: Here’s Why It’s Bullish

Federal Reserve Chair Jerome Powell used his annual Jackson Hole keynote speech to paint a picture of an economy facing policy-driven headwinds and rising uncertainty.

Barchart

Who is Lisa Cook and can Trump actually fire the Fed governor he accuses of mortgage fraud?

President Trump has demanded the removal of the Biden appointee in what would mark an unprecedented move against the central bank's leadership

The Independent UK

Can President Trump Fire Fed Governor Lisa Cook?

Markets hate uncertainty, especially when it comes to monetary policy and interest rates, and questions about the Fed are compounding.

Kiplinger

Read news from The Economist, FT, and more,
with one subscription

Fed Governor Cook Says Trump Has No Authority To Fire Her

Federal Reserve Governor Lisa Cook rejected US President Donald Trump's unprecedented bid to oust her on Tuesday, saying he had no legal authority for such an intervention against a member of the independent US central bank.

International Business Times

Trump's Firing Of Lisa Cook Could Hand Him A Rare FOMC Majority That Could Block 'Regional Fed Presidents From Being Reappointed,' Says Craig Shapiro

President Donald Trump‘s firing of Federal Reserve Governor Lisa Cook on Monday could trigger a significant power shift within the central bank, potentially creating a Trump-appointed majority on its board and raising concerns over the future of regional Fed presidents, explained the macro strategist at the Bear Traps Report, Craig…

Benzinga

Trump’s threat to fire another Fed member has Wall Street weighing the price of ‘wrecking institutions’ with ‘scapegoat economics’

While UBS’s Paul Donovan told clients the attempt was “completely unprecedented,” Wharton’s Jeremy Siegel argued her ousting adds “noise but little substance” compared with the Fed’s longer-term policy pivots.

Fortune

Morgan Stanley Sees Fed Rate Cuts Starting In September After Powell's Jackson Hole Shift — Forecasts Steady Easing Through 2026

Investment bank Morgan Stanley says that the Federal Reserve will begin cutting interest rates starting in September, reversing its prior views of the Fed choosing to hold rates steady through March 2026.

Benzinga

Federal Reserve governor Lisa Cook to sue Trump administration over its attempt to fire her

Cook’s attorney said the president has ‘no authority’ and ‘lacks any factual or legal basis’ to fire the Fed governor

The Guardian - US

Trump says he's removing Federal Reserve board member - Roll Call

President Donald Trump fired Federal Reserve governor Lisa Cook on Monday night, likely teeing up a legal battle over the Fed's independence.

Roll Call

Asian Stocks Down After Trump Fed Firing, Tariff Threats

Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to impose export controls on microchips.

International Business Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

What Trump’s move to fire Fed governor means for central bank’s independence

The US president has said he is firing Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more control

Fortune

Trump declares war on the Fed, setting up a titanic struggle for world's most important central bank

“President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so,” Cook said.

International Business Times

Trump Moves To Fire A Fed Governor Over Mortgage Fraud Claims

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank.

Barchart

Fed’s Jerome Powell Warns of Substantial ‘Uncertainty’ From ‘Significantly Higher Tariffs’ and ‘Abrupt Slowdown in Labor Force Growth’

At the central bank conference in Jackson Hole on Friday, Federal Reserve Chair Jerome Powell warned that a new set of policy-driven shocks is reshaping the U.S. outlook, underscoring how “significantly higher tariffs” are remaking global trade while tighter immigration policy has produced an “abrupt slowdown in labor force growth.”

Get all your
news in one place.

100's of premium titles.
One news app.

Kiplinger

Stocks Struggle to Start Nvidia Week: Stock Market Today

Another important week for the stock market starts on a risk-off note.

Benzinga

Powell's Shift Could Spark A Homebuilder Boom—Investors Are Already Piling In

The real estate stock trade came back to life last Friday—and no one rallied harder than homebuilders.

Benzinga

Alphabet Stock Hits New All-Time High On AI, Cloud Momentum

Shares of Google parent Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) hit a new all-time high Monday, buoyed by a string of positive developments in its artificial intelligence and cloud computing divisions coupled with a favorable macroeconomic environment. Here’s what investors need to know.

Barchart

Nvidia Q2 Earnings Preview: Can Jensen Huang Lead NVDA Stock, Broader Market to New Highs?

Nvidia is set to report its fiscal Q2 earnings on Aug. 27. The company’s earnings will be the most important event this week.

MarketBeat

Top 5 ETFs and Stocks to Watch as the Fed Eyes Rate Cuts

Powell’s dovish Jackson Hole remarks signal that the Fed could cut rates as early as September, with markets now pricing an 80% chance of a 25 bps cut.

Benzinga

The 'Everything Rally' Is Back—Thanks To Powell's Risky Bet On Jobs

Fed Chair Jerome Powell just handed Wall Street a high-stakes bet: he's willing to tolerate higher inflation in the short run if it means keeping the labor market afloat.

Benzinga

Opendoor (OPEN) Stock Surges On Rate Cut Hopes: What's Going On?

Shares of Opendoor Technologies Inc (NASDAQ:OPEN) are trading higher Monday morning, likely fueled by favorable macroeconomic signals. The stock has now seen a 27% increase over the last five trading sessions and a 102% surge in the past month.

1 … 34 35 36 37

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations