Business
US: Wall Street opens higher as Fed cues awaited
WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus…
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Fed
Business
Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Politics
Divided D.C. Circuit Panel Rules Trump May Not Remove Fed Board Member
The White House says the president will appeal to the Supreme Court. Source link
Business
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy…
Business
Gold prices steady near record high ahead of Fed rate decision
The US central bank’s policy meeting this week comes amid challenges, including a legal dispute over its leadership and efforts to confirm…
Politics
New Developments in Trump’s Attempt to Fire a Fed Board Member
It’s likely that Lisa Cook will prevail in the short term, for three reasons. Source link
Business
US: Nasdaq notches record high close, traders look to Fed meeting
The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the…
Politics
Trump administration moves to lift ruling that blocked removal of Fed Governor Cook
US PRESIDENT Donald Trump’s administration on Thursday asked a federal appeals court to let Trump remove Federal Reserve Governor Lisa…
Business
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
Business
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Politics
Trump says Hassett, Warsh and Waller are finalists for US Fed chair
The timetable for selecting a successor to Powell, whose term as chair expires in May, remains unclear President Donald Trump said that he…
Business
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
Business
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations…
Politics
Trump’s Fed Nominee Plays the Sycophant
Watching Stephen Miran testify Thursday before the Senate Banking Committee on his nomination to be a governor of the Federal Reserve, I…
Politics
Trump’s Fed Pick Makes Stunning Confession About Keeping Two Jobs
Stephen Miran, President Donald Trump’s nominee for a vacant seat on the Federal Reserve’s Board of Governors, said that he would keep his…
Politics
Trump’s Fed Pick Flails Under Liz Warren’s Brutal Line of Questioning
“The Congress certified Joe Biden,” Miran repeated, leading Warren to change the subject to Trump’s firing of the Bureau of Labor…
Politics
DOJ Takes Trump’s Revenge With Criminal Probe Into Ousted Fed Governor
After a reportedly anti-vax shooter attacked the CDC on August 8, a number of federal health employees sent a letter to Kennedy, urging…
Business
Lisa Cook seeks judicial order letting her stay on Fed board
Federal Reserve Governor Lisa Cook is urging a federal judge to keep her at the central bank while the courts consider the legal validity…
Business
Lisa Cook Forces the Supreme Court to Show Its True Colors on the Fed
Powell, Cook, and the other five Federal Reserve governors automatically serve on the Federal Open Market Committee, a separate body that…
Politics
Video: How Trump Could Gain Control of the Fed
new video loaded: How Trump Could Gain Control of the Fed By Ben Casselman, Melanie Bencosme, June Kim, Gabriel Blanco and Jon…
Business
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US…
Politics
Trump Is Calling the Supreme Court’s Bluff on the Fed
Cook, for her part, said that she would not step down. “President Trump purported to fire me ‘for cause’ when no cause exists under the…