President Trump said Monday he removed Fed Governor Lisa Cook, accusing her of mortgage fraud and “gross negligence” in financial dealings that undermined her integrity as a regulator.

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the ...

Experts have noted that South Africa will likely see no more interest rate cuts for the rest of the year as inflation remains ...

Fed Chair Jerome Powell reenergized the stock market on Friday as investors took his Jackson Hole remarks as a wink and a nod ...

Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...

Cook, the first woman of color to serve on the Federal Reserve Board of Governors, has said she “will not resign.” ...

Morgan Stanley has joined a growing bloc of global brokerages forecasting a September interest rate cut by the U.S. Federal ...

Burlington’s Keurig Dr Pepper agreed to buy the owner of Peet’s Coffee for $18 billion and plans to spin off its coffee ...

Basketball legend Michael Jordan is the richest NBA player of all time after selling his stake in the Charlotte Hornets. One ...

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 ...

Rate cut to "stimulate" jobs? Powell: "while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in ...