The gains followed a political jolt in Washington after US President Donald Trump dismissed Federal Reserve Governor Lisa Cook over alleged mortgage borrowing impropriety.

D onald Trump has not been shy: he wants interest rates down, fast. For months, the president has berated the Federal Reserve ...

Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...

Spot gold increased by 0.2% to $3,371.28 per ounce, marking its peak since August 11, while US gold futures for December ...

Federal Reserve Governor Lisa Cook said Trump has “no authority” to fire her and affirmed she “will continue to carry out my ...

The importance of that independence was underscored during the 1970s, when then-Fed Chair Arthur Burns, under pressure from President Richard Nixon, kept rates low ahead of the 1972 election.

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after ...

President Trump said on Monday he has removed Federal Reserve governor Lisa Cook from her post, following through on a threat ...

Nvidia earnings are the main corporate event this week, with investors looking at how the $4 trillion juggernaut at the heart of the artificial-intelligence boom is faring. Quarterly reports from ...

Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself shows the president has conceded there’s a limit to his attacks on the ...