On Aug. 25, President Donald Trump moved to fire Federal Reserve Governor Lisa Cook following a claim by a top administration ...

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, ...

The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.

The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...

The Fed cut rates Wednesday, resisting Trump’s push for deeper cuts, but looming legal and political battles — including a ...