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The Latest Breaking News from Lisa Cook

Lisa Cook, a Federal Reserve governor, says AI is ‘not going to replace us’

Lisa Cook says every word counts, and artificial intelligence won’t be replacing central bankers anytime soon.

Fortune

Stock Index Futures Muted as Nvidia-Driven Rally Stalls

March S&P 500 E-Mini futures (ESH24) are down -0.06%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.17% this morning as market participants assessed the outlook for equities after the previous day’s strong rally in the wake of Nvidia’s blockbuster earnings.

Barchart

Inflation has cooled a lot. So why do things still feel so expensive?

Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.

WEKU

From analysis to the latest developments in health,
read the most diverse news in one place.

3 officials sworn in at Federal Reserve, as governing board reaches full strength

Federal Reserve Chair Jerome Powell swore in three members of the central bank’s governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank’s first Latina governor

The Independent UK

Biden's 3 Federal Reserve nominees appear likely to win Senate approval

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

The Independent UK

Biden taps Philip Jefferson to be Fed's vice chair, Kugler as first Hispanic on Fed board

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

The Independent UK

‘Blonde with a dog,’ guardian angels saved life of CEO. He’s trying to find them

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.

Tribune News Service

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5 Top Stocks to Buy for 2023

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…

StockNews.com

Dyslexia diagnosis should not be barrier to school success, say North Tyneside Council officers

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

Chronicle Live

Fed will work to reduce inflation 'until the job is done': Board governor

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.

Tribune News Service

Stocks sink despite Friday's report that hiring cooled in September

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%

WEKU

Fed Governor Says Traditional Econ Data May Not Be Keeping Up With Inflation: 'Often A Mistake'

A Federal Reserve governor has suggested that traditional data sources and lagging economic indicators might not cut it anymore.

Benzinga

Fed's Cook says more rate hikes needed to combat inflation

Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control

The Independent UK

Fed tackles inflation with its most diverse leadership ever

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event

The Independent UK

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The Independent UK

Hot inflation dims likelihood Fed can achieve 'soft landing'

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession

The Independent UK

Senate panel backs Michael Barr, Biden pick as Fed regulator

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate

Birmingham Post

Rhondda printing firm completes MBO safeguarding 20 jobs

Printing Components will continue to operate in Aberdare after it was purchased by two local entrepreneurs

Axios

Black economists make up only 1.5% of Federal Reserve staff

The numbers highlight the Fed's struggles with diversity.

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WEKU

Fed Chair Jerome Powell is confirmed for a 2nd term. Inflation will be his focus

Jerome Powell was confirmed to a second term as Federal Reserve chairman. The Senate vote comes as the central bank faces intense pressure to bring down inflation.

WEKU

Powell is confirmed to a 2nd term as Fed chair. Fighting inflation will be his focus

Jerome Powell was confirmed to a second term as Federal Reserve chairman. The Senate vote comes as the central bank faces intense pressure to bring down inflation.

The Independent UK

Senate confirms Black economist to Federal Reserve Board

The Senate has confirmed economist Phillip Jefferson to the Federal Reserve’s Board of Governors

Roll Call

Senate confirms Jefferson, fourth Black man to join Fed board - Roll Call

Philip Jefferson will become the fourth Black man to join the Fed board after the Senate confirmed him with strong bipartisan support.

Tribune News Service

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

WEKU

Senate approves Lisa Cook as first Black woman on Federal Reserve board of governors

Cook is only the second of Biden's five nominees for the Fed to win Senate confirmation. His Fed choices have faced an unusual level of partisan opposition.

The Independent UK

Senate approves Lisa Cook as first Black woman to Fed post

The Senate has confirmed Michigan State economist Lisa Cook to serve on the Federal Reserve’s board of governors

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