51 h. ago Federal Reserve governor will keep job for now despite Trump’s bid to remove her

Supreme court defers action on request to remove Lisa Cook from post, at least until it hears oral arguments on caseUS government shutdown – live updatesLisa Cook, the US Federal Reserve governor, will keep her job for now, despite Donald Trump’s extraordinary bid to remove her from the central bank’s board with immediate effect.The US supreme court deferred action on the Department of Justice’s request to allow the president to fire Cook, at least until it hears oral arguments on the case in January. Continue reading...

Politics

54 h. ago Supreme Court declines Trump’s request to immediately remove Lisa Cook from Federal Reserve board

Justices will revisit Trump’s request to remove Lisa Cook as a Federal Reserve governor in January

Politics

54 h. ago Supreme Court blocks Trump from immediately firing Fed’s Lisa Cook

Justices defer decision on president’s bid to sack central banker until January 2026

Politics

3 d. ago Russian TV exposes Putin and Trump's Alaska chat on need of 'Trumpist Europe'

Vladimir Putin and Donald Trump met in Alaska in August in a bid to end the war in Ukraine, but as it turns out, the two world leaders spoke about a lot of other things as well

Politics

4 d. ago Tensions expected as Trump meets with top Democrats and Republicans in effort to avoid shutdown

Trump and Republicans are unfazed at prospect of shutdown, and talks with Democrats are anticipated to be confrontationalUS politics – latest updatesDemocrats and Republicans are gearing up for a crunch White House meeting with Donald Trump in an 11th-hour bid to avert a potentially damaging federal government shutdown.Monday’s gathering is aimed at reaching an agreement over funding the government and largely hinges on Democrat demands for an extension of funding subsidies for health insurance under the Affordable Care Act, also known as Obamacare, beyond the end of the year, when they are due to expire. Continue reading...

Politics

8 d. ago Lisa Cook urges supreme court to reject Trump’s bid to fire her from Fed board

Cook’s lawyers say president’s unprecedented move would destroy Fed’s independence and disrupt financial marketsFederal Reserve governor Lisa Cook urged the US supreme court on Thursday to reject Donald Trump’s attempt to fire her, telling the justices the Republican president’s unprecedented move would destroy the central bank’s independence and disrupt financial markets.Lawyers for Cook filed a written response opposing the justice department’s 18 September emergency request to lift a federal judge’s order that blocked Trump from immediately removing Cook, an appointee of Democratic former president Joe Biden, while her legal challenge continues. Continue reading...

Events

8 d. ago Bryson DeChambeau makes Donald Trump prediction ahead of Ryder Cup bid

Bryson DeChambeau hopes President Donald Trump can inspire him and the rest of Team USA to victory at the Ryder Cup when they tackle Team Europe at Bethpage this week

Politics

8 d. ago Greenspan, Bernanke and Yellen urge Supreme Court to let Lisa Cook keep her job as a Fed governor

Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties are urging the Supreme Court to preserve the Federal Reserve’s political independence and allow Lisa Cook to remain as a central bank governor for now

Society

1 week ago Russia’s ‘reckless’ aggression over Estonian airspace condemned by leaders at UN Security Council

The broad condemnation comes as Putin offers Trump a nuclear deal in a bid to limit the arsenals of both countries

Politics

1 week ago Why Trump’s attacks on the Fed’s independence are so dangerous | Steven Greenhouse

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfireDonald Trump has once again taken a wrecking ball to the rule of law and long-standing norms as he seeks to fire Lisa Cook, the Federal Reserve governor, and pursue his unprecedented assault on the central bank’s independence. Just as he failed to understand the huge problems his tariffs would create, Trump fails to understand the serious damage his attacks on the Federal Reserve could cause.In April, Trump launched repeated attacks on the Fed, threatening to fire its chairman, Jerome Powell, and demanding it slash interest rates. Trump called Powell “a stupid guy” and said “Powell’s termination cannot come fast enough!” Trump ultimately chickened out on firing Powell after financial markets tumbled at the prospect, but he hasn’t stopped pressing the Fed to chop its rates – suggesting they should be below 1% – to spur the slowing economy. Although Trump keeps denying it...

Politics

1 week ago King Charles beams as he meets the world's oldest person, aged 116

The monarch, 76, met with 116-year-old Ethel Caterham at her care home in Lightwater in Surrey on Thursday, shortly after he bid farewell to US President Donald Trump.. 

Politics

1 week ago Attorney investigating Trump critics resigns after pressure from officials – US politics live

Trump said ‘I want him out’ about Erik Siebert, who was investigating New York attorney general Letitia James and former FBI director James ComeyToday, lawmakers in the House will vote on legislation, known as a “continuing resolution” (CR), to prevent a looming government shutdown at the end of September.The bill, introduced by Republicans, would fund the government until 21 November. According to Politico, House GOP whip Tom Emmer was confident, as of Thursday, that his party had enough votes. “We’re going to pass this,” he said in an interview. Continue reading...

Politics

2 w. ago Trump touts ‘productive’ call with Xi and says he plans to go to China next year – live

Trump says he and the Chinese president made progress on TikTok and trade; the two leaders will meet in South Korea at summit next monthToday, lawmakers in the House will vote on legislation, known as a “continuing resolution” (CR), to prevent a looming government shutdown at the end of September.The bill, introduced by Republicans, would fund the government until 21 November. According to Politico, House GOP whip Tom Emmer was confident, as of Thursday, that his party had enough votes. “We’re going to pass this,” he said in an interview. Continue reading...

Politics

2 w. ago Trump asks Supreme Court to let him fire Fed governor Lisa Cook

A ruling by the US’s top court could lead to landmark decision on independence of the country’s central bank

Events

2 w. ago King Charles and Queen Camilla bid farewell to the Trumps after historic second state visit

The US President will spend the final day of his state visit with the Prime Minister at Chequers

Politics

2 w. ago How captivating Kate was Palace's real Trump card in its bid to woo The Donald: US President 'spent all night talking to the Princess' who dazzled him with her 'radiance and beauty'

The Princess of Wales is fast becoming as influential as the King and her husband after she 'dazzled' the President and melted his 'icy-cool' First Lady on their first day of their state visit to Britain.

Politics

2 w. ago The King bids fond farewell to Trump and Melania after hailing the 'special relationship' at glittering state dinner 

Donald Trump bid farewell to the Royal Family at Windsor Castle this morning before heading for talks with Sir Keir Starmer at his grace and favour country home, Chequers in Buckinghamshire.

Politics

2 w. ago Donald Trump LIVE: Keir Starmer to give bombshell press conference with President

Donald Trump will today bid farewell to the King and head to Chequers for crunch talks with Prime Minister Keir Starmer - where the pair are expected to discuss trade, security and foreign policy

Politics

2 w. ago Federal Reserve cuts interest rates for first time in nearly a year, from 4.25% to 4% – live updates

Quarter point reduction comes amid concern of political pressure on the independent central bank from the Trump administrationIn economic projections released after the Fed’s rate-cute decision, members of the Fed’s board submitted their economic predictions for the economy over the next few years.A slight majority of board members seem to expect another rate cut by the end of the year, while a majority see more rate cuts in 2026. Board members are predicting a slight increase in unemployment, though they seem to think that inflation will largely cool in 2026 and 2027. Continue reading...

Politics

2 w. ago Trump fails to oust Lisa Cook from Fed ahead of rates decision

Court ruling comes as Senate confirms president’s pick for US central bank’s board

Politics