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Trump Sued by Fed's Lisa Cook Over Discrimination Claims

Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh

Fed Governor Lisa Cook Sues Trump Over Dismissal

US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.

Wasp 'Witch' & Penguin Huddles in Stunning Wildlife Photos

From a wasp mimicking a fairytale witch to emperor penguins huddling against an Antarctic storm, the Wildlife Photographer of the Year competition unveils its most spellbinding finalists, showcasing the planet's breathtaking beauty and fragility.

Who is Lisa Cook? The Economist Reshaping US Policy

An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.

Trump Vows to Block Fed's Lisa Cook in Second Term

In a bold intervention, former President Donald Trump has pledged to prevent the reappointment of Federal Reserve Governor Lisa Cook if he wins the November election, signalling a potential shake-up for US economic policy.

Trump Fires Fed Governor, Sparks Market Turmoil

President Trump's shock dismissal of Federal Reserve Governor Lisa Cook triggers global market selloff, dollar collapse, and fears of constitutional crisis. Live updates on economic fallout.

Trump Claims He Fired Federal Reserve Chair Jerome Powell

In a move that sent shockwaves through global markets, former President Donald Trump has claimed he fired Federal Reserve Chair Jerome Powell. The explosive allegation, made on his Truth Social platform, threatens to upend the sacred independence of the w

Trump Fires Federal Reserve Governor Lisa Cook

In a dramatic escalation of his battle with the US central bank, President Trump has fired Federal Reserve Governor Lisa Cook. The shocking move, citing a 'failure to align with national economic interests,' sends the strongest signal yet of Trump's inten

Powell's Rate Warning Triggers Wall Street Rout, Nvidia Tumbles

Federal Reserve Chair Jerome Powell tempers 2024 rate cut expectations, triggering a Wall Street sell-off. The tech-heavy Nasdaq plummets, led by a sharp decline in AI giant Nvidia, while the political sphere reacts to Donald Trump's primary victories.

Trump Threatens to Oust Fed's Powell If Re-elected

Former President Donald Trump has issued a thinly-veiled threat to Federal Reserve Chair Jerome Powell, suggesting he would not be reappointed if Trump wins the 2024 election, citing his own expertise in selecting 'good chairmen'.

Fed Holds Rates, Signals Just One Cut in 2024

Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.

Asia Shares Fall as Powell's Jackson Hole Speech Looms

Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a

Trump Administration Plots to Curb Fed Independence

Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.

US jobless claims hit 231,000, highest since August

New data shows a significant jump in US unemployment benefit applications, signalling a potential cooling of the labour market. However, the overall pace of layoffs remains subdued, pointing to a resilient economy.

Trump-Appointed Fed Governor Lisa Cook Resigns

Federal Reserve Governor Lisa Cook, a historic appointee, announces her resignation effective July 15th. Her departure follows a contentious tenure marked by political attacks from Trump allies and unsubstantiated fraud allegations.

Fed Official Resigns Over Fraud Scandal

A senior Federal Reserve official, appointed by both Trump and Biden, has abruptly resigned following bombshell fraud allegations. The scandal raises serious questions about vetting at the highest levels of US financial regulation.

Nvidia's $500bn Crash Triggers Global Market Sell-Off

Nvidia's historic $500 billion market crash triggers global stock sell-off as Asian markets tumble and Wall Street braces for impact. Powell's testimony and geopolitical tensions add to the turmoil.

Trump's Finance Guru Tipped for Shock Fed Chair Role

Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.

Fed holds rates amid economic uncertainty

The Federal Reserve maintains interest rates amid mixed economic signals, while Aviva and Goldman Sachs adjust strategies in response to shifting market conditions.

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