However, despite the Fed holding its benchmark interest rate steady since December, some banks are raising annual percentage ...

Lisa Cook has a doctoral degree in economics and was a professor of economics and international relations at Michigan State ...

Like an athlete who has been on the juice too long, the U.S. economy could start seeing diminishing returns from rate cuts and fiscal spending — and more side effects.

Lisa Cook became the first Black woman appointed to the board in the Fed's more than 100-year history when President Joe ...

The lawsuit had yet to be filed Aug. 26 but could be filed as soon as Aug. 27 in federal court in Washington, D.C. Wall ...

Tech stocks thrived in Monday's trading, with the Nifty IT index hitting a one-month high. MphasiS, Infosys, and TCS led the ...

Interest rates remain the main driver of the Forex (foreign exchange) market. More than any other factor, it is the decisions of central banks that drive currency values. In recent weeks, investor ...

Markets last week responded to mixed economic signals with modest gains. The big focus for investors, however, was Federal Reserve Chair Jerome Powell’s address at an annual conference hosted by the ...

President Donald Trump’s attempt to fire one of the seven governors of the Federal Reserve will likely end up in court and ...

In an unprecedented move, U.S. President Donald Trump said that he’s firing Federal Reserve Governor Lisa Cook — marking a ...

President Donald Trump late Monday said he would fire Federal Reserve Governor Lisa Cook for alleged mortgage fraud.