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US Supreme Court rebuffs challenge to class-action status of bank collusion suit
The U.S. Supreme Court declined to hear an appeal by Bank of America and others, allowing a $12 billion class action on municipal bond rate collusion to proceed.
Trump threatens to fire Powell if he doesn’t quit Fed board; ongoing probe clouds Warsh confirmation
President Donald Trump threatens to fire Federal Reserve Chair Jerome Powell from the Fed board amid a criminal probe complicating Kevin Warsh's confirmation.
US weekly jobless claims rise, but remain at low levels
US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.
White House says increased productivity means Fed can cut rates
White House economic adviser Kevin Hassett says AI-driven productivity gains may ease inflation and allow the Federal Reserve to lower interest rates.
JPMorgan’s Dimon warns Iran war may drive inflation and interest rates higher
JPMorgan CEO Jamie Dimon warns the iran war risks oil shocks that could keep inflation sticky and push interest rates higher than expected.
Wall Street falls amid Middle East tensions and rising interest rates
Wall Street indexes declined due to concerns over Middle East conflict and rising U.S. interest rates, with energy prices surging and private credit pressures resurfacing.
Wall Street ends sharply lower; Middle East turmoil fans inflation fear
Wall Street ended sharply lower amid ongoing U.S.-Israeli conflict with Iran, fueling inflation fears and expectations of higher interest rates through 2026.
Fed leaves rates unchanged, sticks with single cut in 2026 despite higher inflation
The US Federal Reserve kept interest rates unchanged, forecasting a single rate cut in 2026 despite higher inflation driven by Middle East tensions and oil price spikes.
Warsh’s room to move at the Fed may narrow in a war-clouded outlook
Kevin Warsh's potential to ease Fed monetary policy is limited by rising oil prices and inflation risks amid the Iran conflict, delaying expected rate cuts.
Fed’s Waller: January jobs data an upside surprise, if it continues a policy pause may be appropriate
Federal Reserve Governor Christopher Waller considers pausing interest rate hikes if February jobs data confirms stronger labor market after January's upside surprise.
Dollar advances after data implies stable labor market
The US dollar strengthened following labor data showing a stable market, supporting the Federal Reserve's decision to maintain interest rates near term.
S&P 500 ends up slightly as tech dips, inflation cools
U.S. consumer prices increased less than expected in January, prompting traders to slightly raise the chance of a 25 basis point interest-rate cut in June.
