Court Rules Lisa Cook Can Remain a Fed Governor for Now While Fighting Trump’s Attempt to Fire Her

WASHINGTON (AP) — A federal court has ruled that embattled Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her. The ruling, which will almost certainly be appealed, is a blow to the Trump administration’s efforts to assert more control over the traditionally independent Fed.…MORE

Supreme Court to Quickly Consider if President Donald Trump Has Power to Impose Sweeping Tariffs

WASHINGTON (AP) — The Supreme Court is granting an unusually quick hearing on whether President Donald Trump has the power under federal law to impose sweeping tariffs. The justices agreed Tuesday to hear the case in November, lightning-fast by the usual standards of the nation’s highest court. The tariffs will stay in place in the…MORE

New Data Shows the US Job Market Was Much Weaker Than Thought in 2024, and This Year as Well

WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the U.S. economy. The Labor Department reported Tuesday that employers added 911,000 fewer jobs than originally reported in the year that ended in March 2025. The department issues the…MORE