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Supreme Court lets Lisa Cook remain as a Fed governor for now
The Supreme Court allowed Lisa Cook to remain as a Federal Reserve governor for now and will hear arguments in January.
Private payrolls post largest drop in 2-1/2 years
U.S. private payrolls dropped by the most in 2-1/2 years in September, the ADP National Employment report showed.
US job openings barely budged in August at 7.2 million
U.S. jobs openings were essentially unchanged million in August amid economic uncertainty from trade policies.
Economy expanded at surprising 3.8% pace in significant upgrade of Q2 growth
An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported.
Powell signals Federal Reserve to move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials.
Federal Reserve shows unexpected unity, independence as it weathers Trump’s attacks
Federal Reserve policymakers emerged from what was expected to be a contentious meeting with a nearly unanimous voice to cut interest rates.
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year.
Senate approves White House economist Stephen Miran to serve on Fed board
The Senate has approved one of President Donald Trump’s top economic advisers for a seat on the Federal Reserve’s governing board.
Retail sales up in August even as tariffs hurt jobs and lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping.
Appeals court rejects Trump’s bid to unseat Fed governor Lisa Cook ahead of rate vote
An appeals court ruled that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump’s efforts to remove her.
Rising inflation and deteriorating job market puts Fed, and Americans, in difficult spot
Inflation rose in August as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars.
Court rules Lisa Cook can remain a Fed governor while fighting Trump’s attempt to fire her
A federal court ruled that Federal Reserve Gov. Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her.
