Here’s what current and former Fed officials are saying about Lisa Cook investigation
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on ...
Tag: economy
Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy
A Spirit Airlines plane takes off from Oakland International Airport on May 06, 2024 in Oakland, California.Brandon Bell | Getty ...
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted ...
Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the ...
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings ...
Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more ...
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed ...
Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White ...
How retail accounting could distort profitability as tariffs take effect
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for ...
‘Job hugging’ has replaced job-hopping, consultants say, as workers cling to current roles
Martin Barraud | OJO Images | Getty ImagesThe so-called great resignation has become the "great stay." But experts say workers ...
