President Trump’s move to fire Federal Reserve governor Lisa Cook could roil financial markets, raise uncertainty for investors and heighten concerns that the White House is trying to wrest control of the historically independent central bank, according to Wall Street analysts. Mr. Trump announced her removal in a letter posted Monday night on Truth Social, citing allegations…
U.S. markets were steady Tuesday morning after President Trump said he had removed Lisa Cook from the Federal Reserve’s Board of Governors, an unprecedented move that analysts say could rattle investors. As of 9:45 a.m. EST, the S&P 500 was down 2 points, or 0.1%. Meanwhile, the Dow Jones industrial Average gained 2 points. The…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth…
A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated speech at Jackson Hole. Powell said the Fed is prepared to adjust its policy stance—a clear nod to potential interest rate cuts—in response to the sharp cooling in the labor…
The US Composite PMI rose from 55.1 in July to an 8-month high of 55.4 in August. Service providers hired at the fastest rate in seven months, while firms across both sectors reported higher import prices. Service sector price inflation reached its highest level since August 2022. August’s flash PMI numbers overshadowed jobless claims data….
US Stock Indices Open Lower New York, August 20 (QNA) – The main indices on the US Wall Street stock exchange opened lower on Wednesday. The Dow Jones Industrial Average fell 0.4 points to 44,922.7 points. The S&P 500 dropped 4.7 points, or 0.07 percent, to 6,406.62 points, while Nasdaq Composite lost 45.3 points, or…
Wall Street Today: The US benchmark indices like the Dow Jones, Nasdaq Composite, and the S&P 500 opened flat on Monday, 11 August 2025, as US market investors shifted their focus to the Trump tariffs’ deadline on China. The US and China are expected to come to a trade deal before the 12 August 2025…
US stocks opened higher on Friday on hopes of a dovish Federal Reserve board after President Donald Trump’s temporary pick for a central bank governor post. As of 12:18 PM Eastern, the S&P 500 was up 0.8%, the Dow Jones Industrial Average rose 0.6%, and the Nasdaq added 0.9%. As of 9:57 AM Eastern, the…
Reuters concurs with your gold news, as does the Financial Times and numerous other sources. Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil…