Christine Lagarde, head of the ECB, warns that undermining the Federal Reserve's independence by President Trump could lead to severe global economic consequences. Discover the implications and ongoing tensions!
As Social Security and Medicare trust funds face insolvency by 2034, experts warn that bond market pressures could force Congress into painful fiscal reforms. Will lawmakers finally tackle the 'third rail' of politics?
Wall Street is bracing for critical economic reports that could determine the fate of the stock market rally. With the S&P 500 facing its weakest month since March, investors are on high alert as September approaches, historically a tough month.
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.
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.