The Latest Breaking News from Lisa Cook

Trump’s bid to oust Fed governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.

The country looks more like China than America now.

The case could become a turning point for the 112-year-old Federal Reserve, which was designed by Congress to be insulated from day-to-day political influence.

A deputy of Robert F Kennedy Jr will reportedly replace Susan Monarez as acting head of the Centers for Disease Control and Prevention. Key US politics stories from Thursday 28 August at a glance

The dollar index (DXY00 ) on Thursday fell by -0.40%. The dollar was under pressure Thursday from a stronger yuan, which rose to a 9.5-month high against the dollar. The dollar also remains under pressure due to concern over the Fed's independence and fears about capital flight with President Trump's...

Trump is attempting to fire a Federal Reserve board governor.

The SP 500 extended its spectacular rally to fresh record highs on Thursday, even as its most influential stock, Nvidia Corp. (NASDAQ:NVDA), failed to impress with its latest quarterly results.

The lawsuit comes amid concerns that the US president is trying to sway central bank’s decisions on monetary policy.

RABBIS Orthodox Rabbis Emerge as Growing Voice of Criticism of Israel’s Tactics in Gaza. Hamas is no longer a credible threat.  Israel should immediately flood...