What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets While markets cheered Federal Reserve Chair Jerome Powell's apparent dovish tilt on interest rates ...

President Donald Trump says he is firing Federal Reserve Governor Lisa Cook late Monday, in a move viewed as a sharp escalation in his battle to exert greater control over the independent institution.

Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that she committed ...

Interest rates have hit a low for 2025, but local and national experts say this rate could bring millions back to the market.

Mortgage rates for August 26, 2025, see a slight drop. See today's key 30-year and 15-year rates. Experts warn young buyers ...

Trump’s attempt to fire Cook is based on allegations of improper mortgage borrowing. The legality of this move is unclear, ...

Cook rejects Trump’s allegations that she may have falsified records for her mortgage and vowed to push back against the ...

Blackstone Mortgage (BXMT) faces persistent dividend risks and credit quality issues, with office loan challenges and net ...

President Donald Trump says he’s firing Federal Reserve board Member Lisa Cook amid mortgage fraud allegations ...

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the ...

Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate.