Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot
Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased.
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Trump administration requests emergency ruling to remove Lisa Cook from Federal Reserve board
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates.
How the Fed losing its independence could affect Americans’ everyday lives
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to...
Fed official sues President Trump over attempt to fire her, challenging his power over the independent agency
Federal Reserve Governor Lisa Cook is suing the Trump administration in an effort to overturn the president’s attempt to fire her.
Embattled Fed Gov. Lisa Cook says she’ll sue Trump to keep her job
Federal Reserve Gov. Lisa Cook will sue President Donald Trump's administration to try to prevent him from firing her, her lawyer said Tuesday.
Jerome Powell signals Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months.
US employers slash hiring as Trump advances a punishing trade agenda
U.S. hiring is slowing sharply as President Donald Trump’s erratic and radical trade policies paralyze businesses and raise doubts about the outlook for the world’s largest economy.
US inflation held steady as mild tariff hit offset by cheaper gas, food
U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
It’s Trump’s economy now. The latest financial numbers offer some warning signs.
President Donald Trump's economic policies are facing scrutiny as weak indicators emerge.
President Donald Trump removes official overseeing jobs data after dismal employment report
President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in...