News

The Federal Housing Finance Agency director urged the Justice Dept. to investigate Fed governor Lisa Cook. It is the administration’s latest effort to gain control of the central bank.
Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech this week. Here's what to expect.
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Fresh data released this week underscored just how stuck the U.S. housing market is. On Monday, a closely watched sentiment ...
Federal Reserve governor Lisa Cook late Wednesday said she wouldn't leave her post after President Donald Trump on social media called on her to resign over an accusation from one his officials that ...
Investors now largely expect a rate cut in September, following weak jobs data but some signs of quickening inflation. But ...
Well, that was fast. On Aug. 14, Bitcoin (CRYPTO: BTC) hit a new all-time high of $124,000, and crypto traders were buzzing ...
The Office of the Director of National Intelligence will dramatically reduce its workforce and cut its budget by more than ...
The U.S. dollar drifted on Thursday as investors awaited policy cues from the Federal Reserve's Jackson Hole symposium while keeping an eye on renewed concerns over central bank independence after ...
The U.S. dollar hovered below a one-week high on Thursday and European stock markets opened flat as investors braced for three days of potentially market-moving news from the Federal Reserve's annual ...
Investors are looking to de-risk portfolios or lock in profits during a seasonally difficult period for stocks ...
Stocks have been resilient since the July jobs report, with interest rate cuts now not just a hope, but a legitimate expectation.