The Fed cuts interest rates by 25 basis points after disappointing job growth — and mounting political pressure

Tech Insider : Economy, Business
Chair Jerome Powell
Chair Jerome Powell announced The Fed's latest interest rate decision.

Win McNamee/Getty Images

A 90-year-old Supreme Court precedent protecting Fed independence is on its deathbed

Tech Insider : Politics, Business, Economy
Lisa Cook and Donald Trump
Lisa Cook is suing President Donald Trump after he tried to fire her from the Federal Reserve's board of governors. The legal challenge leans on a 90-year-old Supreme Court case that is on its last legs.

Mark Schiefelbein/AP; Alex Brandon/AP

Tariffs are making their way into the grocery aisle, from coffee beans to eggs

Tech Insider : Economy, Business
Grocery shopping and chips.
Tariffs are driving up prices on everything from groceries to auto parts, months ahead of holiday shopping.

REUTERS/Brian Snyder

Fed Governor Lisa Cook 'did not ever commit mortgage fraud,' attorneys say

Tech Insider : Business
Lisa Cook federal reserve meeting
FILE - Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the Board of Governors at the Federal Reserve, June 25, 2025, in Washington.

AP Photo/Mark Schiefelbein

Europe's top central banker is the latest leading financial voice to issue a warning about Trump's battle with the Fed

Tech Insider : Economy, Politics, Economy
Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board
Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board

Thomas Lohnes/Getty Images

Lisa Cook's future at the Federal Reserve remains undecided after round 1 of her legal battle with Donald Trump

Tech Insider : Politics, Business, Economy
Split of Lisa Cook and Trump
Lisa Cook is suing over President Donald Trump's attempt to fire her from the Federal Reserve.

Getty/AP

Meet Bill Pulte, the Trump housing official at the center of the latest Fed controversy

Tech Insider : Politics, Business, Crypto
Bill Pulte, the director of the Federal Housing Finance Agency
Bill Pulte, the director of the Federal Housing Finance Agency

Ricky Carioti/The Washington Post via Getty Images

Fed governor Lisa Cook puts the bank's independence front and center as she sues Donald Trump

Tech Insider : Politics, Business, Economy
A composite image of Lisa Cook and Donald Trump
President Donald Trump told reporters that he'll soon have a "majority" at the Federal Reserve, underlining the fight over Fed Gov. Lisa Cook's future.

Jonathan Ernst/Reuters; Alex Brandon/AP

Fed emphasizes its commitment to 'independence' as Lisa Cook pledges to sue over Trump's 'illegal' firing

Tech Insider : Politics, Business
Lisa Cook
Lisa Cook's lawyer said she plans to sue over President Donald Trump's decision to try to fire her from the Federal Reserve.

Drew Angerer/Getty Images

Trump is trying to fire a Fed governor. Here's what happened when other countries' presidents did the same thing.

Tech Insider : Economy, Business, Style
lisa cook (left) and donald trump (right)
President Donald Trump wants to fire Federal Reserve Gov. Lisa Cook.

SAUL LOEB/AFP via Getty Images; Chip Somodevilla/Getty Images

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