The Latest Breaking News from Lisa Cook

Former officials and experts say Bill Pulte’s request for inquiry into Fed governor’s alleged fraud is ‘unusual’

Plus: Eric Adams drop-out watch, DOJ investigates Lisa Cook, critiquing Blueskyism, and more...

Donald Trump's pick to join the Federal Reserve's board of governors pledged to uphold US central bank independence if confirmed -- but was coy about leaving his current White House role in the process, as the institution faces growing pressure from the president to slash interest rates.

Stephen Miran, who chairs the White House Council of Economic Advisers, says he won't resign even if confirmed to become a Fed governor.

“Gold is a store of value that doesn’t rely on institutional trust,” Samantha Dart says.

U.S. markets ended mixed on Wednesday as the Dow Jones Industrial Average edged down 0.05% to 45,271.23, while the SP 500 gained 0.5% to 6,448.26 and the Nasdaq advanced 1% to 21,497.27.These are the top stocks that gained the attention of retail traders and investors through the day: Salesforce Inc. (NYSE:CRM)…

The dollar index (DXY00 ) on Wednesday fell by -0.24%. Wednesday's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated on Wednesday as the chances for a Fed rate cut later this month increased after the Jul JOLTS job openings fell more than...

The dollar index (DXY00 ) today is down by -0.35%. Today's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated as the chances for a Fed rate cut later this month increased after the Jul JOLTS job openings fell more than expected to...

Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.