News

U.S. DOJ to probe Fed's Cook, urging removal, according to media reports

A letter to the Fed chair from Justice Department official Ed Martin said Cook’s case 'requires further examination,' ...

Rising PPI Report Raises Doubts About Fed's September Rate Cut Chances

July's PPI inflation report heightened worries over tariff-fueled consumer inflation and raised questions about the Fed's ...

Chicago Fed's Goolsbee says July producer-price report was a 'dangerous data point'

Chicago Fed President Austan Goolsbee said the surprising jump in producer-price inflation in July was a "dangerous data ...

Trump administration paid federal employees billions not to work, report says

DOGE wasted $21.7 billion in taxpayer funds, according to a new report from the Senate Permanent Subcommittee on ...

What To Expect in Markets This Week: Fed Meeting, Tariffs Deadline, July Jobs Report

Coming up: a key tariffs deadline, the Fed’s interest-rate decision, the July jobs report, fresh inflation data, and earnings ...

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.

Tesla’s been slow to report self-driving car crashes. Federal investigators want to know why

Federal auto safety regulators are investigating why Tesla has repeatedly broken rules requiring it to quickly tell them ...

Fed's Bowman addresses de-banking over reputational risk, digital assets in banks - report

"One of the first things that I did in assuming this role was to rescind all of our guidance and to change our supervisory ...