Jerome Powell, chairman of the US Federal Reserve, left, and Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve on Tuesday said it would abide by any court decision on…
The U.S. Treasury yield curve steepened on Tuesday with short-term yields falling and long-term yields rising after U.S. President Donald Trump moved to fire Federal Reserve Governor Lisa Cook from the central bank’s board. The 2-year yield was more than 5 basis points lower at 3.679%, while the 30-year yield added less than 2 basis points to…
US President Donald Trump during a meeting with Lee Jae Myung, South Korea’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 25, 2025. Al Drago | Bloomberg | Getty Images U.S. President Donald Trump on Monday stateside warned of steeper tariffs on China if exports…
France’s Prime Minister Francois Bayrou speaks during a press conference in Paris on August 25, 2025. Dimitar Dilkoff | Afp | Getty Images France’s minority government on Tuesday faced the prospect of collapse within weeks, after opposition parties said they would not back Prime Minister Francois Bayrou in a Sept. 8 confidence vote tied to…
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024. Al Drago | Bloomberg | Getty Images President Donald Trump on Monday said he had fired Federal Reserve Board Governor Lisa Cook, an unprecedented and dramatic escalation of his attacks on the U.S. central bank’s independence over…
European stock markets opened sharply lower on Tuesday, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals after the country’s three main opposition parties said they would not back a confidence vote called by…
U.S. President Donald Trump welcomes South Korean President Lee Jae Myung at the White House in Washington, D.C., U.S., August 25, 2025. Brian Snyder | Reuters President Donald Trump bragged about his “great relationship” with North Korean dictator Kim Jong-un as he met at the White House for the first time Monday with South Korea’s…
Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025, in New York City. Spencer Platt | Getty Images Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates and how the moves might impact the broader…
President Donald Trump on Monday boasted about the government’s new stake in Intel and said he’s determined to do similar deals. “I will make deals like that for our Country all day long,” the president posted on Truth Social. Trump added that “stupid people” are upset with a move that he said will bring more…
The Euronext trading exchange building in La Defense business district, west of Paris, on April 7, 2025. Thomas Samson | Afp | Getty Images European markets were lower to start the new trading week Monday as investors assessed the economic outlook after hopes of a Federal Reserve interest rate cut were boosted Friday. The pan-European…
