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Trump Seeks Court Approval to Dismiss Fed Member Before Rate Decision
Business News

Trump Seeks Court Approval to Dismiss Fed Member Before Rate Decision

Donald Trump has been prevented from firing Federal Reserve member Lisa Cook. Now his administration is demanding that she be relieved of her duties before next week's interest rate decision
Clas Ohlson Stock Jumps 13% Amid Slight Stockholm Market Dip
Business News

Clas Ohlson Stock Jumps 13% Amid Slight Stockholm Market Dip

The Stockholm stock exchange fell slightly on Wednesday. Against the trend went the hardware chain Clas Ohlson with a course rally of over 13 percent
Judge Halts Trump's Firing of Federal Reserve Member Lisa Cook
Business News

Judge Halts Trump's Firing of Federal Reserve Member Lisa Cook

An American court pauses the US President Donald Trump's decision to fire Federal Reserve member Lisa Cook. The message comes after Cook sued the president, reports NBC News
Stockholm Stock Exchange Dips by Lunchtime
Business News

Stockholm Stock Exchange Dips by Lunchtime

The Stockholm stock exchange starts Tuesday's trading slightly up but has backed down into the red by lunchtime. The broad OMXS index is down 0
Wall Street Sees Modest Gains as Trading Week Begins
Business News

Wall Street Sees Modest Gains as Trading Week Begins

The leading indexes on the New York stock exchange rose as the trading week began. But the increases were not large
Dollar and US Interest Rates Under Pressure Amid Fed Rate Cut Speculation
Business News

Dollar and US Interest Rates Under Pressure Amid Fed Rate Cut Speculation

The dollar falls and American market interest rates are pressed downwards. The development is an effect of the market being increasingly convinced that the US central bank will lower the interest rate soon
Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises
Business News

Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises

The Stockholm stock exchange began the trading week with an upturn. The OMXS index closed 0
Trump Considers Three Candidates to Succeed Fed Chief Powell
Business News

Trump Considers Three Candidates to Succeed Fed Chief Powell

USA's president Donald Trump seems to have narrowed down his list of possible candidates to replace Fed chief Jerome Powell – and is now pointing out three top names.
US Job Market Slows with Only 22,000 New Jobs in August
Business News

US Job Market Slows with Only 22,000 New Jobs in August

USA's labor market slows down heavily. In August, only 22,000 new jobs were created outside the agricultural sector
US Stock Market Sees Broad Gains Amid Labor Market Weakness
Business News

US Stock Market Sees Broad Gains Amid Labor Market Weakness

The pillars pointed upwards in the three leading indexes when the New York stock exchange closed on Thursday.
Goldman Sachs: Fed Uncertainty Could Propel Gold Prices
Business News

Goldman Sachs: Fed Uncertainty Could Propel Gold Prices

The gold rally may gain new momentum if the Trump administration's attempts to clean out the Federal Reserve (Fed) damage the market's confidence in the US central bank, warn the professionals at Goldman Sachs.
Weak Dollar Drives Gold Price to Record High
Business News

Weak Dollar Drives Gold Price to Record High

The gold price on the world market has risen significantly over the past week – and has now exceeded 3,508 dollars per ounce (31. 1 grams), which is a new record
Wall Street Declines After July Inflation Data Released
Business News

Wall Street Declines After July Inflation Data Released

The stock market in New York closed the week's trading with red minus figures after important inflation figures for July were released earlier on Friday. But despite this, all three major indexes on Wall Street have risen in August
US Inflation Steady at 2.6 Percent in July
Business News

US Inflation Steady at 2.6 Percent in July

No Decision Yet in Legal Battle Between Lisa Cook and Trump
Business News

No Decision Yet in Legal Battle Between Lisa Cook and Trump

Federal Reserve member Lisa Cook has sued US President Donald Trump, who is trying to get her removed from the central bank's board of directors. Today, a first hearing was held which ended without the court making any decision
Fed Board Member Lisa Cook Sues Trump Over Dismissal Attempt
Business News

Fed Board Member Lisa Cook Sues Trump Over Dismissal Attempt

The American central bank Federal Reserve's (Fed) board member Lisa Cook has filed a lawsuit against President Donald Trump. This after his attempt to dismiss her
Trump's Fed Board Moves Spark Interest Rate Concerns
Business News

Trump's Fed Board Moves Spark Interest Rate Concerns

Interest rate frenzy characterizes the financial market again since US President Donald Trump this week initiated an attempt to fire Lisa Cook from the US central bank Federal Reserve (Fed). The stress level on the bond market in the US is the highest since the pandemic
Boeing Shares Rise Amid Quiet US Stock Market
Business News

Boeing Shares Rise Amid Quiet US Stock Market

Stockholm Stock Exchange Falls Amid Political Unrest and US Moves
Business News

Stockholm Stock Exchange Falls Amid Political Unrest and US Moves

Political unrest in France and new moves by the US president led on Tuesday to shaky trading on the Stockholm stock exchange. At the close, the broad OMXS index had fallen by 0
Ousted Fed Member Lisa Cook Sues Trump Over Firing
Business News

Ousted Fed Member Lisa Cook Sues Trump Over Firing

USA's president Donald Trump states that he has fired Federal Reserve member Lisa Cook. The message is a clear escalation in Trump's fight against the central bank
Powell's Speech Spurs Record Gains on Wall Street
Business News

Powell's Speech Spurs Record Gains on Wall Street

The Central Bank chief Jerome Powell lit the starting rocket – and Wall Street ended the week with a record and substantial gains on renewed hope of an interest rate cut.
Powell Signals Potential Interest Rate Cut Amid Economic Uncertainty
Business News

Powell Signals Potential Interest Rate Cut Amid Economic Uncertainty

USA's central bank chief Jerome Powell opens the door ajar for an interest rate cut in his speech at the central bank meeting in Jackson Hole in Wyoming. The conditions may justify that we adjust our stance, he says
Trump Seeks Fed Chief Favoring Lower Interest Rates
Business News

Trump Seeks Fed Chief Favoring Lower Interest Rates

The list of candidates is long when the US President Donald Trump will choose a replacement for the Fed chief Jerome Powell. But all have one thing in common - the desire to lower the interest rate
Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns
Business News

Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns

The negative trend on the New York stock exchange continued on Wednesday. Another heavy day was recorded for the major technology companies
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