4 d. ago Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now

WASHINGTON — The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank. In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald Trump’s […]

Politics

4 d. ago Australian prime minister urges China to resume iron ore imports after reported trade disruption

MELBOURNE, Australia (AP) — Australia’s Prime Minister Anthony Albanese called on China to import Australian iron ore without hindrance after reports on Wednesday that a state-run Chinese iron ore buyer had told steelmakers and traders to temporarily stop buying shipments from global mining giant BHP. China Mineral Resources Group Co.’s move against the world’s biggest […]

Economics

7 d. ago Australia’s Albanese Touts Minerals Reserve Ahead of Trump Talks

Australian Prime Minister Anthony Albanese emphasized the nation’s strong critical minerals reserve and its ability to “value add” ahead of his first official meeting with US President Donald Trump, amid a global push to diversify supply chains away from China.

Other

2 w. ago Biden Official Urges Australia to Press Trump to Revive Quad

Australian Prime Minister Anthony Albanese must use his upcoming meeting with President Donald Trump to make the case to revive the Quad security group, former US Deputy Secretary of State Kurt Campbell said.

Politics

2 w. ago Trump Spars With Australian Reporter, Hints at Albanese Visit

President Donald Trump sparred with an Australian journalist over his personal wealth during an exchange on the White House lawn, where he also appeared to confirm plans to meet Prime Minister Anthony Albanese at next week’s United Nations summit.

Other

3 w. ago Trump takes one step back, another forward in attempt to reshape Fed

WASHINGTON — President Donald Trump’s goal of appointing a majority of the Federal Reserve’s board of governors faced a setback late Tuesday when a court blocked his unprecedented attempt to fire Lisa Cook. But the very next next day, his nominee to replace another Fed governor moved forward, giving him one more opportunity during his […]

Other

3 w. ago U.S. court rules Lisa Cook can stay as Fed governor, blocks Trump from removing her

Trump, a Republican, said he was firing Cook on Aug. 25 over allegations raised by one of his appointees that she committed mortgage fraud.

Politics

3 w. ago Australia’s Wealth Fund Monitors Fed Pressure, Trims US Exposure

Australia’s A$252 billion ($166 billion) sovereign wealth fund said it’s reduced exposure to US markets and is keeping close tabs on President Donald Trump’s pressure campaign against the Federal Reserve.

Other