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Trump said that Cook's removal was "for cause," pointing to Pulte's referral in his termination letter to Cook.
Two-year yields fell after Trump sought to remove Cook following allegations that she falsified documents on mortgage ...
Major stock indexes eased on Monday after gaining on Friday when U.S. Federal Reserve Chair Jerome Powell indicated that a ...
Cook found herself in the crosshairs of the Trump administration this week after FHFA Director Bill Pulte sent a letter to the DOJ.
Burlington’s Keurig Dr Pepper agreed to buy the owner of Peet’s Coffee for $18 billion and plans to spin off its coffee ...
The Singapore dollar is steady against its U.S. counterpart, supported by prospects of Fed rate cuts that would reduce the appeal of U.S. fixed-income assets and demand for the greenback. Dallas Fed ...
John Hancock reports Q2 outperformance for its Corporate Bond ETF, driven by smart yield curve positioning and bond selection ...
Trump sets a 10% baseline tariff, Apple’s quarter boosted by iPhone sales, Figma stock more than triples in IPO, and more news to start your day. Markets Are Being Driven by AI, Not the Fed. Where ...
Asian shares are lower following a broad decline on Wall Street that reversed some of the big gains from last week.
President Donald Trump says he's firing Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...
Trump's move to dismiss Cook will steepen the Treasury yield curve to the extent that Trump seeks to appoint Fed governors who lean dovish and/or are sympathetic to rate cuts, said Andrew Canobi, ...
Stocks are slipping on Wall Street after a big jump last week on hopes for more interest rate cuts from the Federal Reserve.