Federal Reserve
Supreme Court Blocks Trump From Firing the Fed's Lisa Cook, for Now
The justices left Lisa Cook on the Federal Reserve Board while her suit proceeds, but cleared Trump to remove an FTC commissioner the same day.
Alan Greenspan, the Fed's 'Maestro,' Dies at 100
The longest-serving Fed chair of the modern era steered the U.S. through Black Monday and the 1990s boom, then spent his later years defending the low-rate bets critics tie to the 2008 crash.
Fed Holds Rates but Its Dot Plot Flips Toward a 2026 Hike
The Federal Reserve kept rates steady in Kevin Warsh's first meeting as chair, but its new projections show the median policymaker now expecting a 2026 hike rather than a cut.
Asian Stocks Surge and Oil Slides on the US-Iran War Deal
A confirmed truce between Washington and Tehran sent Asia-Pacific shares to records and knocked oil lower, handing central banks a sliver of relief days before the Fed decides on rates.
Inflation Hit 4.2% in May, Lifting the 2027 Social Security Raise
May's Consumer Price Index rose 4.2% from a year earlier, the most since 2023. A gasoline surge drove it, and the squeeze lands first on fixed incomes.