The Latest Breaking News from Lisa Cook

The euro also remained under pressure ahead of weekend elections in France that polls suggest will see big wins for the far-right and left-wing parties pushing President Emmanuel Macron's centrists into third.

Asian markets swung Wednesday following a tech-led bounce on Wall Street as investors prepare for the release of crucial US inflation data, while the yen fell back towards levels that have stirred intervention warnings from Japanese officials.

President Joe Biden’s three nominees for the Federal Reserve’s Board of Governors pledged to fight inflation during a confirmation hearing that drew only modest pushback from Republican members of the Senate Banking Committee

President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board

If you’re going to jog and essentially drop dead on the sidewalk, you’d want it to happen like it did for Jon Cook of Johnson County, Kansas — who’d still like to find the unknown “blonde with a dog” and other guardian angels who helped save his life.

The stock market witnessed a solid start this year amid improving investors’ optimism. Moreover, experts see increased chances of a soft landing. So, fundamentally strong stocks Merck (MRK), Novartis (NVS), Sysco (SYY), Progress Software (PRGS), and LSI Industries (LYTS) could be solid buys now. These stocks pay consistent dividends. Read…

North Tyneside education officers want an education system that makes dyslexia diagnosis irrelevant

DETROIT — Lisa Cook, a member of the Federal Reserve Board of Governors, said the Federal Reserve will continue to work to bring down inflation "until the job is done," which includes increasing interest rates.

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%