The U. S. housing market is facing a tough time. Homebuilders are trying hard to attract buyers. They are offering deals like lower mortgage rates and smaller homes. But these deals are cutting into their profits. Pultegroup, a big homebuilder, just reported lower profits and sales. Their profit pe
The Federal Reserve is getting four new members this year, and they might not be too keen on cutting interest rates. These new voters could make things tricky for President Trump, who's been pushing for lower rates. The Fed's job is to keep prices stable and make sure everyone has a job, but that's
The Supreme Court is in a tough spot. They have to decide if President Trump can fire Federal Reserve Governor Lisa Cook right away. But they seem hesitant. They might not give a clear answer on whether Trump has a good reason to remove her or if he even has the power to do so. Instead, the justice
President Donald Trump hinted that he might have already picked someone to lead the Federal Reserve. He mentioned that he had three candidates initially, but now it's down to one or two. Trump also said he liked the idea of keeping Kevin Hassett, his economic advisor, in his current role. He praised
The Supreme Court is currently deliberating a significant case that could redefine the boundaries of presidential power over the Federal Reserve. At the heart of the matter is President Trump's attempt to remove Lisa Cook, a governor at the central bank, based on allegations of mortgage fraud that o
Jerome Powell, the Federal Reserve's leader, faces a tricky situation. He's considering attending a Supreme Court hearing about whether President Trump can dismiss Lisa Cook, a Fed governor. However, not everyone agrees that this is a wise move. Scott Bessent, a prominent figure in finance, advises
Bitcoin's value is climbing again, getting close to $100, 000. This sudden rise has surprised many, but there are clear reasons behind it. One big factor is the uncertainty around the U. S. Federal Reserve. Jerome Powell, the Fed's leader, recently spoke out about pressure from the Trump administrat
Jerome Powell, the head of the Federal Reserve, is making a bold move. He plans to attend a Supreme Court hearing about Lisa Cook, a Fed governor. This is unusual because Powell usually stays out of such matters. Cook is in trouble. The Trump administration wants to fire her. They say she did someth
In a show of unity, Federal Reserve Vice Chair Philip Jefferson recently praised Jerome Powell, the Fed's chair, calling him a person of the highest integrity. This comes after Powell revealed that the Department of Justice had subpoenaed the Fed and even threatened him with criminal charges. Powell
A recent probe into Federal Reserve Chair Jerome Powell has stirred up quite a bit of controversy. The investigation is about a renovation project that went over budget by a lot. Powell has denied any wrongdoing and believes the probe is politically motivated, aimed at pressuring him to lower intere
