The S&P 500 faced a setback as AI stocks like Dell and Nvidia faltered, amid rising inflation concerns. Despite strong consumer spending, analysts predict interest rate cuts from the Fed next month.
In a pivotal court hearing, a federal judge reviewed the legality of President Trump's attempt to remove Federal Reserve Governor Lisa Cook over alleged mortgage misrepresentations. The outcome could redefine presidential power over the Fed.
The Federal Reserve's core PCE inflation rate aligns with expectations, igniting speculation about potential rate cuts. With the S&P 500 nearing record highs, what does this mean for the economy?
Wall Street's major indexes fell as inflation data exceeded targets, raising concerns over tariffs and interest rate cuts. With tech stocks leading the decline and key economic reports on the horizon, investors are on edge.
In a high-stakes legal battle, President Trump seeks to fire Federal Reserve Governor Lisa Cook amid allegations of mortgage fraud. Cook's lawsuit claims her removal is illegal, raising critical questions about presidential power and the future of the Fed. Will the court side with Trump or uphold Cook's position?
World stocks are pulling back from record highs as traders brace for crucial U.S. inflation data that could impact Federal Reserve interest rate plans. Political tensions rise as bond market worries grow.
Federal Reserve Governor Lisa Cook faces allegations of mortgage fraud linked to her nomination process. As Trump attempts to fire her, questions arise about conflicting mortgage documents and the intentions behind them.
In a dramatic legal battle, Lisa Cook sues Trump over his attempt to fire her from the Federal Reserve. The case, which questions the president's authority, could reshape the Fed's independence.
Federal Housing Finance Agency Director Bill Pulte has filed a second criminal referral against Fed Governor Lisa Cook, alleging mortgage misrepresentations. This follows her lawsuit against Trump's attempt to fire her.
Nvidia's latest quarterly results exceeded expectations but revealed cooling demand for AI chips, causing stock fluctuations. Discover how this impacts the broader market and what analysts are predicting next.