Trump’s Push to Fire Fed Governor Lisa Cook Looms Over Warsh
Lisa D. Cook, a Fed governor, is set to face an unorthodox, private hearing over allegations of mortgage fraud she has consistently denied.
Lisa D. Cook, a Fed governor, is set to face an unorthodox, private hearing over allegations of mortgage fraud she has consistently denied.
The administration pushed back a hearing for Lisa D. Cook, the Federal Reserve governor that President Trump has tried to fire, after her lawyers raised scheduling issues.
President Donald Trump first tried to fire Lisa Cook in August 2025, but the Supreme Court in June blocked him from doing so, for now.
The company’s free cash flow stayed positive in the last quarter even as it spent $45.2 billion on capital expenses like data centers and offered to pay workers to leave. Only one of the four AI hyperscalers reported positive free cash...
CNBC’s Steve Liesman reports on how a massive chunk of GDP growth in the U.S. is coming from the supercharged AI buildout but recent developments may put that growth in question.
Amazon, Alphabet, Meta, Microsoft, and SpaceX each reported increased capex for Q3, with no signs of slowing down for 2027 amid the AI buildout.
Only one of the four AI hyperscalers reported positive free cash flow in this round of earnings.
The Federal Reserve held rates steady at 3.75% to 4% in a 10-2 vote, with Governor Lisa Cook dissenting for the first time and Cleveland Fed President Beth Hammack joining her in favor of a hike. Fed Chair Kevin...
Who is covering this
Kevin M. Covered by 3 outlets: 1 lean left, 1 are centre, 1 lean right.
The Federal Reserve opted to maintain interest rates between 3.75 percent and 4 percent during its recent meeting, a decision supported by analysis suggesting that recent inflation was primarily driven by energy...
The Federal Reserve has hit the pause button on interest rates. While the Fed stands still, should you start moving? Allspring Global Investments senior portfolio manager Bryant VanCronkhite joins CNBC’s Dominic Chu...
The Federal Reserve held interest rates steady at its October meeting, a move that was widely expected. Still, WSJ’s chief economics correspondent says there are three key takeaways from the central bank’s decision.
Elizabeth Warren, a harsh Warsh critic, likely replaces Trump ally and Warsh supporter Tim Scott of as the Senate Banking Committee's chair.
Kevin Warsh plans fewer scheduled Federal Reserve rate votes in 2027 and 2028, alongside less forward guidance, potentially making US monetary policy harder to anticipate.
Fed needs at least two more rate hikes, Logan says Reuters
Silver fell below $50 an ounce for the first time since November 2025, and gold is down 4.7% in October
Fed's Favorite Inflation Indicator Surges In September As Soaring Energy Costs Drags Americans' Savings Rate To 4-Year Lows Following the hot CPI and PPI (and the internals), this morning's PCE should not provide too many surprises with...
Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.
The Fed, led by Chairman Kevin Warsh, raised its benchmark rate last month for the first time in three years, defying President Donald Trump’s demands for rate cuts. Covered by 3 outlets: 2 lean left, 1 are centre.
In our news wrap Wednesday, the Federal Reserve held interest rates unchanged even as officials acknowledged that inflation remains elevated, the federal judge overseeing the prosecution of former Venezuelan...
The Fed, led by Chairman Kevin Warsh, raised its benchmark rate last month for the first time in three years, defying President Donald Trump’s demands for rate cuts.
CNBC's Steve Liesman talks with Richmond Fed President Tom Barkin about the Fed's next move, the path of inflation, and what AI growth means for the Fed's outlook. For access to live and exclusive video from CNBC subscribe to CNBC PRO:...
The US Fed has kept interest rates unchanged at 3.75%–4%. What does this mean for gold prices in India? Experts share their outlook for the coming months and 2027, explain the risks for investors, and discuss whether jewellery buyers...
Warsh said higher rates are reaching the investment surge and growth is broadening beyond it. The positions cut in opposite directions for where to set rates.
Election stiffens the Fed's guardrails, but independence risks remain Reuters
The Kansas City Chiefs are having a rough start to the season. After starting their season with five straight wins, the defending champions have now suffered two consecutive losses and must quickly find solutions to prevent this losing...
Washington Examiner economics reporter Zachary Halaschak joins Reporter's Notebook to discuss the Federal Reserve's latest interest rate decision, rising inflation, and economic growth fueled in part by artificial intelligence. The...
Jeffrey Lacker, former Richmond Fed president, and James Bullard, former St. Louis Fed president, join 'The Exchange' to discuss the Fed's decision this week.
The Linux community has spoken why they are ditching Canonical's distro.
Indian equities experienced a broad recovery as Sensex rose significantly and Nifty surpassed 22,900. This increase followed the US Federal Reserve's decision to keep interest rates unchanged, encouraging investor buying across sectors....
The Federal Reserve has kept US borrowing costs on hold days before midterm elections despite soaring prices in the world’s biggest economy. The FT’s Claire Jones explains the decision. #shorts #shortsvideo #shortfeed #shortsviral...
The Australian sharemarket had a strong session on the back of a positive lead from Wall Street after the Federal Reserve kept interest rates on hold.
The US central bank has left interest rates on hold, but inflation data due later this week is expected to show another increase in prices.
AI capex is only about 3% of GDP, but it drove about half of US growth in the first half of the year, according to StoneX Chief Market Strategist Kathryn Rooney Vera. Strip it out and growth was closer to 1.5%. She explains why the Fed...
Trump' immigration policies are having an impact on voters in Texas' border communities as midterms approach. Camilo Montoya-Galvez spoke with Texas voters about the Trump administration's immigration policies ahead of midterm...
Tehran views midterm results as a rejection of Trump's 'war on Iran', signalling US frustration with foreign policy.
History, polling and early voting numbers suggest it could be a difficult night for Trump's Republican Party
Nine's Reid Butler is on the ground with midterm voters in Texas, where a crucial senate race is underway.
It's midterm elections day in the United States. Polls are open but the race is far from over in several critical states. CBC's reporters break down the view from the ground. 0:00 - Introduction 0:24 - Battleground...
Chinese painter and filmmaker Qiu Jiongjiong began shaping his new film during the pandemic. With the world suddenly forced to pause, he tells Variety, people felt an urgent desire to return to everyday life and to gather around a...
Hollywood Hills residents filed a public nuisance complaint against Karen Bass, alleging unchecked tourism turned the area into a public toilet.
US Treasury yields fell after the Fed held rates steady, as investors weighed inflation, the chances of a Dec rate hike and the outlook for future rate moves.
It comes just as both ITV soaps aired frightening twists
Who is covering this
Stause and G Flip announced their split in October.
Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.