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The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.
Most Federal Reserve officials highlighted that inflation risks as outweig concerns over the labor market at their meeting ...
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign, citing ...
The referral alleges that Cook, a Biden appointee, claimed two homes as her primary residence to secure more favorable ...
President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign, citing an allegation of potential mortgage fraud. "Cook must resign, now!!!" Trump wrote on his social media ...
Earlier this month, another Fed Governor, Adriana Kugler, resigned, paving the way for Trump to nominate economic adviser ...
Analysts blamed a confluence of factors for the weakness in tech stocks, including concerns over steep valuations, investors exiting profitable positions, and risk aversion.
The Dow Jones Industrial Average was flat at 44,938.31. Read more at straitstimes.com. Read more at straitstimes.com.
The day’s action again centered around stocks caught up in the mania around artificial-intelligence technology.