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As Cook case smolders, Trump has other paths to shape Fed policy team

As Cook case smolders, Trump has other paths to shape Fed policy team

By Howard Schneider WASHINGTON, Aug 26 (Reuters) - U.S.
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Deloitte to pay $21.5 million to settle US government probe over DEI

Deloitte to pay $21.5 million to settle US government probe over DEI

By Kanishka Singh WASHINGTON, Aug 25 (Reuters) - Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump's administration has cracked down on during his second term in office.
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Falling oil prices help calm the stock and bond markets

Falling oil prices help calm the stock and bond markets

Oil prices are falling again, which is helping to ease worries in the bond market and support stock prices
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US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent Iran-war induced peak is likely to add to the central bank's tense debate over whether interest rates should be
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US Senate Democrats urge Israel to rein in West Bank violence

US Senate Democrats urge Israel to rein in West Bank violence

By Richard Cowan WASHINGTON, Aug 26 (Reuters) - U.S. Senate Democrats on Wednesday urged Israeli Prime Minister Benjamin Netanyahu to rein in a "surge" of violence by West Bank settlers and mass arrests of Palestinians by Israeli security forces in the occupied territory. 
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Shares dip with pressure from technology, yields and oil fall

Shares dip with pressure from technology, yields and oil fall

By Sinéad Carew and Iain Withers NEW YORK/LONDON, Aug 24 (Reuters) - MSCI's global equities gauge lost ground on Monday as weakness in technology stocks offset support from a dip in U.S. Treasury yields and falling oil prices. Oil prices fell more than $2 per barrel as traders shrugged off U.S.
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Dollar higher after Iran sanctions, loonie drops after US announces tariff increases

Dollar higher after Iran sanctions, loonie drops after US announces tariff increases

By Chuck Mikolajczak NEW YORK, Aug 24 (Reuters) - The U.S. dollar advanced on Monday, coming off its third weekly decline in four that sent the greenback to three-month lows after President Donald Trump's administration announced an expansion of sanctions on Iran and separate tariffs on goods from
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Shares drift ahead of Nvidia earnings; oil wobbles

Shares drift ahead of Nvidia earnings; oil wobbles

By Rae Wee SINGAPORE, Aug 25 (Reuters) - Asia shares were rangebound on Tuesday while oil prices held to losses, after threats from the U.S. for an "economic D-Day" of sanctions on Iran turned out to be a damp squib. U.S.
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Trump makes final pitch for Sen. Darline Graham before South Carolina runoff

Trump makes final pitch for Sen. Darline Graham before South Carolina runoff

President Trump urged South Carolina Republicans to vote for Sen. Darline Graham during a tele-rally on the eve of the GOP Senate primary runoff.
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Key inflation gauge remains elevated during Iran war and ongoing US trade fights

Key inflation gauge remains elevated during Iran war and ongoing US trade fights

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs
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Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

By Howard Schneider WASHINGTON, Aug 24 (Reuters) - U.S.
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US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%

US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent war-induced peak is likely to intensify the central bank's debate over whether interest rates should be lifted