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Trump administration requests emergency ruling to remove Cook from Fed board

2:42 PM on Thursday, September 11

The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates

UN agency appeals for funds to help tens of thousands of quake-hit Afghans, many still homeless

9:21 AM on Thursday, September 11

The U.N. migration agency is appealing for funds for around 134,000 people in Afghanistan who need help nearly two weeks after an earthquake killed more than 2,200 people in the country’s mountainous east

Wall Street rallies as a cut to interest rates next week looks more certain

1:22 AM on Thursday, September 11

Wall Street rolled to more records after mixed data on the economy cemented expectations for coming cuts to interest rates

South Korea says detained Korean workers released from Georgia facility before flight home

9:51 PM on Wednesday, September 10

South Korea’s president says Korean companies will likely hesitate to make further investments in the United States unless Washington improves its visa system for their employees, as U.S. authorities released hundreds of workers who were detained at a Georgia factory site last week

Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot

5:52 PM on Wednesday, September 10

Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures

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