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.
Chicago Bears undrafted rookie Zah Frazier has been placed on season-ending injured reserve due to a significant knee injury, abruptly halting his promising NFL debut before the regular season even began.
Exclusive: Donald Trump issues stark warning about Nvidia's dominance and Federal Reserve policies, predicting potential economic turmoil in private meeting with top donors.
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.
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.
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.
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 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.
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.
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.
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.
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
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
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.
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'.
Exclusive analysis reveals how Trump's unprecedented public pressure on the Federal Reserve threatens its independence, as markets anticipate aggressive rate cuts amid political tensions.
Federal Reserve Chair Jerome Powell signals prolonged elevated interest rates at Jackson Hole symposium, sending shockwaves through global markets as inflation battle continues.
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.
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
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.
Federal Reserve Chair Jerome Powell signals prolonged high interest rates at Jackson Hole, triggering sharp sell-offs in US and Asian markets as inflation fight continues.
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.
The Reserve Bank of Australia is considering a controversial new tax on all electronic payments, a move critics warn will fast-track a cashless society and punish consumers who have embraced digital transactions.
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.
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.
An investigation uncovers the bizarre fate of Donald Trump's border wall prototypes, left to rot in a Californian wildlife refuge at a cost of millions to taxpayers.
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.
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.
Wall Street rallies after Fed Chair Jerome Powell hints at future rate cuts, sparking optimism in global markets. Intel shares and Asian indices show mixed reactions.
Federal Reserve Chair Jerome Powell highlights economic uncertainties from Ukraine conflict and rising inflation, as global markets react nervously.