Lisa Cook

It’s a red day on Wall Street, with stocks retreating as investors assess the latest economic data indicating an increase in jobless claims and Walmart, Inc. (NYSE:WMT) delivering a cautious stance on the consumer outlook. Treasury yields fell, as investors flocked to fixed income. The 10-...

U.S. stocks experienced a drop as of midday trading in New York, potentially ending a prolonged streak of consecutive daily gains as investors evaluate the economic outlook. Commodity prices continued to weaken on Wednesday, with crude oil prices declining to as low as $75 per barrel, approaching...

The beginning of the week brought mixed performance for stocks on Wall Street, with the major indices trading close to the flatline during midday trading in New York following strong performance in the previous week. The S&P 500 index is in the midst of its fifth consecutive day of gains, while...

Wall Street tumbled during midday trading, with all major stock indices in the red, and only the energy sector showing gains for the session, while 30-year Treasury yields breached the 5% mark, hitting the highest level in over 17 years. The recent developments in the Middle East have weighed on...

Markets are bouncing back after days of pronounced volatility, aided by the slowdown in Treasury yields and Thursday’s dip in the value of the dollar. Newly released data confirmed that U.S. economic growth was at an annualized rate of 2.1% in Q2, while initial jobless claims have held near...

Wall Street is in the green on Friday, showing gains across major U.S. equity indices following significant losses on Thursday. Notably, the technology sector is leading the way, capitalizing on a retreat in Treasury yields. This positive momentum is occurring despite hawkish comments from Federal...

The U.S. stock market fell on Wednesday, with tech stocks largely underperforming the rest of the market, as Fed Chair Jerome Powell signaled during testimony before the House Financial Services Committee that additional hikes may be forthcoming to bring inflation back to the Fed’s target....

Federal Reserve Governor Lisa Cook reportedly said inflation in the U.S. has started coming down but price pressures could keep emanating from a tight labor market, the war in Ukraine and the reopening of China. What Happened: "We certainly see tightening taking place," Cook said on Monday during...

Monday's market price action was influenced by two major macro headlines. First, a sudden cut in oil production by OPEC+ and its potential inflationary effects. Second, a lower-than-expected U.S. ISM PMI reading in March, down from 47.7 in February to 46.3, below forecasts of 47.5. ...

Top Federal Reserve officials shared public remarks on Wednesday on the heels of President Joe Biden's second State of the Union Address and a press conference by Fed Chair Jerome Powell. Neel Kashkari, president of the Minneapolis Federal Reserve, went on CNBC Live to comment on the surprisingly...

A Federal Reserve governor has suggested that traditional data sources and lagging economic indicators might not cut it anymore. Fed's Cook Talks 'Nonstandard Situations': In what was her first speech as a Fed governor, Lisa Cook on Thursday provided an outlook for the...