US Inflation Outpaces Wages, Census Data Reveals
Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.
Category : Search result: Federal Reserve probe
US Job Growth Cools Sharply in March 2025
US labour market shows signs of cooling as latest figures reveal job creation fell significantly below expectations in March 2025, with unemployment rate holding steady at 4.1%.
Asian Markets Dive Following Fed's Hawkish Stance
Major Asian stock markets, including Tokyo's Nikkei and Hong Kong's Hang Seng, plunged sharply after US Federal Reserve signals dashed hopes for imminent interest rate cuts, mirroring a significant sell-off on Wall Street.
US Jobs Market Cools in August as Hiring Slows
The latest US jobs report for August 2025 reveals a significant slowdown in hiring and a rise in unemployment, signalling a cooling labour market that could influence the Federal Reserve's next interest rate decision.
Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
Trump Demands Fed Chief's Head in Explosive Economic Rant
Donald Trump launches a blistering attack on Federal Reserve Chair Jerome Powell, accusing him of political bias and hinting at drastic action if re-elected. The former president also took aim at JD Vance and Hyundai in a wide-ranging economic tirade.
US Jobs Report: August Hiring Slump as Tariffs Bite
Exclusive analysis of the US August jobs report reveals a significant hiring slowdown, with the economy adding just 130,000 jobs. Rising trade tariffs are cited as a key factor creating uncertainty and stifling growth.
US August Jobs Report Delayed by Technical Glitch
The crucial US August employment report faces an unexpected delay due to technical difficulties at the Bureau of Labor Statistics, creating uncertainty for markets and policymakers.
Trump's Wall Street Remarks Spark Fears of Market Instability
Former US President Donald Trump's suggestion of imposing tariffs on all imports sent shockwaves through Wall Street, raising alarms among investors and analysts about potential market turmoil and a new era of global trade wars.
Fed's Lisa Cook faces mortgage investigation
US Federal Reserve Governor Lisa Cook is under investigation by the House Judiciary Committee over allegations of improper mortgage approvals during the pandemic. Discover the details of the claims and the Fed's response.
Trump Allies Draft Plan to Curb Federal Reserve Independence
A radical proposal from Donald Trump's allies seeks to strip the Federal Reserve of its independence, allowing the White House to demote Chair Jerome Powell and influence interest rates, a move that could shake global markets.
Trump Jr's Phone Seized in Jan 6 Probe - Exclusive Details
Exclusive: Donald Trump Jr's phone was confiscated by federal agents as part of the Capitol riot investigation. The dramatic seizure reveals the probe's reach into Trump's inner circle.
BOE Governor: Trump Threat to Federal Reserve Independence
Bank of England Governor Andrew Bailey expresses grave concerns about Donald Trump's potential influence on the US Federal Reserve's independence, warning of significant global economic implications.
NYC Mayor Eric Adams flies to Grenada during federal probe
New York City Mayor Eric Adams departs for an unannounced trip to Grenada as a federal investigation into his 2021 campaign fundraising continues. The Independent reports on the timing and details of his Caribbean visit.
Trump's Economic Agenda Sparks Inflation and Recession Fears
Former President Donald Trump's radical economic proposals, including universal tariffs and mass deportations, are raising alarm among economists and business leaders who warn of severe inflationary pressure and market instability.
Trump's Federal Campaign Paused Amid Charity Probe
Donald Trump's planned federal election campaign is on hold as a major investigation into his charity foundation escalates, raising fresh questions about his political future.
Trump's Threat to Federal Reserve Independence
As Donald Trump threatens to undermine Federal Reserve independence, The Guardian examines why accountability, not just autonomy, is crucial for economic stability. A deep dive into the looming constitutional crisis.
CDC Crisis: Kennedy's Shake-Up & Trump's Fed Pick Ignite Storm
Exclusive: Robert F. Kennedy Jr.'s controversial CDC overhaul and Trump's unexpected Fed nomination spark intense debate and market jitters. Full analysis of the political upheaval.
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.
Truss Backs Trump's Fed Assault, Warns of Bank 'Reckoning'
Former PM Liz Truss has endorsed Donald Trump's criticism of the US Federal Reserve, warning that central banks globally face a 'reckoning' for their monetary policies and political overreach.
Trump Warns Nvidia Could Cause 'Historic Market Meltdown'
Exclusive: Donald Trump issues stark warning about Nvidia's dominance and Federal Reserve policies, predicting potential economic turmoil in private meeting with top donors.
Trump Hints at Fed Replacement for Lisa Cook
Former President Donald Trump signals a potential change at the Federal Reserve, suggesting he already has a candidate in mind to replace Governor Lisa Cook, whose term expires in early 2026.
GOP Senator Calls Biden Fed Nominee Lisa Cook a 'Crook'
US Federal Reserve nominee Lisa Cook endured a fiery Senate confirmation hearing, with Republican senators launching aggressive attacks and one even levelling the accusation of 'crook' against her and other Biden nominees.
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.
Fed Governor Sues Trump Administration in Landmark Case
Federal Reserve Governor Michelle Bowman initiates landmark legal action against the Trump administration, challenging the President's authority to demote her in a dramatic escalation of tensions between US financial regulators and the White House.
MSNBC axes analyst Norm Eisen after Trump 'defecation' remark
MSNBC parts ways with legal analyst Norm Eisen following a severe backlash over his crude on-air comments comparing Donald Trump's rhetoric to 'defecation' on US institutions. The move highlights the network's stance on inflammatory language.
Trump vows to fire Fed's Lisa Cook in assault on bank independence
Former President Donald Trump escalates his attack on Federal Reserve autonomy, announcing the dismissal of Governor Lisa Cook and signalling a radical shift in US economic policy should he win the November election.
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.
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