Fed governor Cook faces third mortgage allegation
Fired Fed Governor Lisa Cook faces renewed pressure after a third criminal referral over her mortgage applications surfaces. President Trump shuts down a century-old tax loophole and threatens a 50 pe...
29 Aug 202526min
Nvidia shares fall on Q2 results
Nvidia shares slump in after-hours trade as slowing revenue growth causes it to miss quarterly expectations in its data centre business. German defence company Rheinmettal unveils what will be Europe’...
28 Aug 202531min
Cook launches lawsuit against Trump firing
Fired Federal Reserve governor Lisa Cook launches a lawsuit against her dismissal by President Trump which is now set to go all the way to the Supreme Court. France is on the brink of yet another parl...
27 Aug 202526min
Trump fires Fed Res governor Cook
President Trump dismisses Federal Reserve governor Lisa Cook over alleged mortgage loan improprieties but Cook says Trump has no grounds to remove her. In France, Prime Minister Francois Bayrou says h...
26 Aug 202526min
Powell hints at long-anticipated Sept rate cut
Fed Chairman Jerome Powell suggests labor market risks are now greater than inflation fears with a September rate cut now on the table. The markets respond with the Dow posting its best day in more th...
25 Aug 202527min
All eyes on under-pressure Powell at Jackson Hole
The focus is on Jackson Hole, WY., ahead of U.S. Federal reserve Chairman Jerome Powell’s keynote speech. The summit is overshadowed by political pressure over interest rates with policy makers divide...
22 Aug 202526min
Investors fear A.I. rally running out of steam
U.S. tech stocks are under pressure for a second consecutive day as investors question the staying power of the A.I.-fuelled rally seen across the sector this year. Ahead of the Federal Reserve sympos...
21 Aug 202545min
UK July inflation print disappoints
UK inflation for July comes in at 3.8 per cent year-on-year to dash short-term hopes of an interest rate cut and pile on more pressure on Chancellor Rachel Reeves. Tech stocks are down over A.I. conce...
20 Aug 202529min
