Trump Considers Firing Fed Official After Accusation of Mortgage Fraud
The head of the Federal Housing Finance Agency alleged that Fed governor Lisa Cook submitted what he called fraudulent information.
—-
Nasdaq Composite Leads Major U.S. Stock Indexes Downward
A selloff in tech stocks extended into a second day Wednesday, with investors rushing to sell some of the same shares that have powered indexes higher this year.
—-
Europe Should Deepen Ties With Non-U.S. Trade Partners, Lagarde Says
“Recent trade deals have alleviated, but certainly not eliminated, global uncertainty, which persists on account of the unpredictable policy environment,” Lagarde told a panel on Wednesday.
—-
U.S. Crude Oil Inventories Fall More Than Expected
Crude oil stocks decreased by 6 million barrels last week as imports fell and exports rose.
—-
Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month
“Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a meeting summary.
—-
Japan’s Exports Fall for Third Consecutive Month
Japan’s exports fell for a third consecutive month in July amid fears over the impact of higher U.S. tariffs.
—-
Sweden Central Bank Stands Pat, But Says It Could Cut Again This Year
The largest Nordic country’s policy rate will be left at 2.00% in a decision widely expected by investors.
—-
U.S. Allies Still Waiting for Tariff Relief on Autos and Steel
The hastily drafted trade accords leave questions about who promised what.
—-
Startup Valuations Blast Beyond Historic IPO Market Caps
Only a few tech companies have exceeded $100 billion in their U.S. trading debut, a valuation OpenAI and SpaceX have easily surpassed as private companies.
—-
Small Businesses Prove They’re Tough. Tariffs Could Still Bring Them Down.
There are signs that hard-earned stability is precarious.
—-
U.K. Inflation Gains Pace, Likely Keeping Bank of England From Fresh Rate Cuts
Annual inflation rose to an 18-month high, increasing the chance that BOE policymakers might hold off from cutting rates in the coming months.
—-
Fidelity: RIA Mergers and Acquisitions on Pace for Record 2025
Acquisitions in the registered investment advisory segment remain strong, despite an uncertain macroeconomic environment, a new report finds.
—-
Dollar Falls on New Trump Fed Attacks
The Federal Reserve is now firmly the focus for currency traders.
(END) Dow Jones Newswires
August 20, 2025 15:15 ET (19:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.