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THE TRUTH ABOUT: 12 - The Untold Story

Trump officials urge Fed to remove governor after she refuses to quit

Federal Reserve governor Lisa Cook is latest figure targeted by Trump administration over claims of mortgage fraud

The Guardian - US

Who Is Lisa Cook? Age, Net Worth, Husband and Why Trump Is Demanding Her Resignation

US Federal Reserve Governor Lisa Cook, the first Black woman on the board, rejects Donald Trump's demand for her resignation over alleged mortgage fraud, vowing to face questions and defend her record.

International Business Times UK

Stocks Fall as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.16%. September E-mini S&P futures (ESU25 ) are down -0.18%, and September...

Barchart

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read the most diverse news in one place.

Powell dará su último discurso en Jackson Hole bajo la atenta mirada de Wall Street y Washington

Hace solo tres semanas, el presidente de la Reserva Federal, Jerome Powell, habló con los periodistas después de que el banco central mantuviera su tasa de interés clave sin cambios por quinta reunión consecutiva y afirmó que el mercado laboral era “sólido”.

The Independent UK

Dollar Climbs as Bond Yields Rise on US Economic Strength

The dollar index (DXY00 ) today is up by +0.27% at a 1-week high. The dollar garnered support today on comments from Kansas City Fed President Jeffrey Schmid, who said "modestly restrictive" monetary policy is still appropriate due to inflation risks. The dollar added to its gains on stronger-than-expected US...

Barchart

Stocks Pressured by Weak Walmart Earnings and Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.39%. September E-mini S&P futures (ESU25 ) are down -0.43%, and September...

Barchart

Wall Street is scared that we’re looking at the end of the Fed’s independence

The bond market flinched yesterday, and stocks sold off.

Fortune

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Stock Market Today: Dow, S&P 500 Futures Tumble As Jobless Claims Increase— Walmart, Intuit, Ross Stores Earnings In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Benzinga

Trump Says Fed Governor Must Resign 'Now' Over Mortgage Allegations As Lisa Cook Vows 'No Intention Of Being Bullied' Amid DOJ Review

President Donald Trump intensified his campaign to reshape the Federal Reserve on Wednesday, demanding that Governor Lisa Cook resign over mortgage fraud allegations while the Justice Department reviews the case.

Benzinga

S&P 500 Declines For 4th Session: Investor Sentiment Falls Further, But Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.

Benzinga

Fed official says she won't be 'bullied' by Trump into resigning

US president Donald Trump is seeking to influence central bank policy after repeatedly criticising chair Jerome Powell for not cutting the short-term interest rate.

Euronews

Stocks Finish Mostly Lower on Tech Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down by -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.58%. September E-mini S&P futures (ESU25 ) fell -0.29%, and September...

Barchart

Tech Sells Off While Trump Stirs the Fed: Stock Market Today

We've reached another important part of earnings season, though markets remain captivated by the president, the Fed, and interest rate policy.

Kiplinger

Dollar Moves Lower with T-Note Yields

The dollar index (DXY00 ) on Wednesday fell by -0.05%. The dollar fell from a 1-week high on Wednesday and turned slightly lower on a decline in T-note yields. Also, political risks and concerns about Fed independence weighed on the dollar after President Trump called for Fed Governor Lisa Cook...

Barchart

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news in one place.

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Benzinga

Palantir, AI Stocks Extend Losses Ahead Fed Minutes: What's Moving Markets Wednesday?

A second day of selling pressure hit technology stocks tied to the AI theme on Wednesday, as sentiment cooled after an MIT report questioned the broad profitability of the new technology.

International Business Times

Trump Raises Pressure On Central Bank, Calls For Fed Governor To Resign

President Donald Trump ramped up pressure on the US central bank Wednesday, calling for Federal Reserve Governor Lisa Cook to step down -- after his recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner.

The Independent UK

Trump demands Lisa Cook, first black woman Fed Reserve member, ‘resign, now!!!’ and accuses her of mortgage fraud

President has spent months bullying Federal Reserve Chairman Jerome Powell over his refusal to lower interest rates and recently turned his fire on Fed board members

Barchart

Stock Losses Accelerate on a Rout in Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down by -1.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.75%. September E-mini S&P futures (ESU25 ) are down -1.06%, and September...

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news in one place.

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The Guardian - US

Fed governor urged by Trump to resign will not be ‘bullied’ into stepping down

Lisa Cook, first Black woman to sit on Fed board, responds after allegation by ally of president of mortgage fraud

The Independent UK

The Latest: Texas GOP poised to approve map gerrymandered for their advantage

The first domino in a growing national redistricting battle is likely to fall Wednesday as the Republican-controlled Texas legislature is expected to pass a new congressional map creating five new winnable seats for the GOP

Barchart

Dollar Falls as Trump Calls for Fed Governor Cook to Resign

The dollar index (DXY00 ) today is down by -0.12%. The dollar fell from a 1-week high today and turned lower on political risks and concerns about Fed independence after President Trump called for Fed Governor Lisa Cook to resign amid a probe into two personal mortgages. FHFA Director Pulte...

Fortune

Markets are near certain of a September rate cut as more presidents turn dovish overnight

Neither president Kashkari nor president Daly—nor governor Cook—dissented at the July meeting. With governor Christopher Waller and FOMC member Michelle Bowman already lobbying for a cut, the ranks of the dovish are growing by the day.

Barchart

Stocks Climb Before the Open on Chip Tariff Relief and Ukraine Truce Hopes

September S&P 500 E-Mini futures (ESU25) are up +0.81%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.78% this morning as U.S. President Donald Trump’s 100% tariff threat on chip exporters included exemptions for firms investing in the U.S., while hopes for a truce in Russia’s war with Ukraine…

Benzinga

Fed Official Lisa Cook Flags 'Concerning' Jobs Report, Calls It 'Typical Of Turning Points' In US Economy

The recent jobs report has raised eyebrows at the Federal Reserve, with Governor Lisa Cook voicing her worries about what it could mean for the U.S. economy.

Barchart

Stocks Rally on Positive Corporate News and Fed Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.73%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. September E-mini S&P futures (ESU25 ) rose +0.72%, and September E-mini Nasdaq futures (NQU25...

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