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Cook's lawyer said they will challenge the latest pretext and defend Cook's position and duties at the Federal Reserve.

2026-08-08

Cook's lawyer said they will challenge the latest pretext and defend Cook's position and duties at the Federal Reserve.

Other News
2026-08-07

U.S. employers unexpectedly cut payrolls in July, denting expectations for further Fed tightening and sending Treasurys higher. The two-year Treasury yield, most sensitive to Fed policy, fell 8bp to 4.16% on Friday as markets trimmed odds of near-ter

U.S. employers unexpectedly cut payrolls in July, denting expectations for further Fed tightening and sending Treasurys higher. The two-year Treasury yield, most sensitive to Fed policy, fell 8bp to 4.16% on Friday as markets trimmed odds of near-term hikes. The 10-year yield declined 6bp to 4.62%. BLS data showed nonfarm payrolls fell 23,000 in July, with substantial downward revisions to the prior two months. The unemployment rate eased to 4.1% while the labor force participation rate continued to decline. Market participants said the report reduced the likelihood of a Fed rate increase in September.
2026-08-07

Brent crude oil fell below $82 per barrel, down 0.94% on the day.

Brent crude oil fell below $82 per barrel, down 0.94% on the day.
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