Fed Gov. Lisa Cook files lawsuit against Trump

US Q2 profits rebound $65.5B, but tariffs cost CAT $1.5B, GM $1.1B. GDP hits 3.3%. Watch trade impact!

Asda warns UK tax hikes fuel inflation (4.2% food price rise) impacting consumer spending. Retail sector faces business rate hikes.

Global shares flat, dollar dips as Fed rate cut bets rise. Traders eye Treasury yields amid Trump's Fed influence.

Jobless claims dip to 229k, but gold pulls back to $3,400. Layoffs low, but traders eye broader economic signals.

Fed Chair Powell faces political pressure; Governor Cook fired, sparking legal battles. Fed independence at risk, impacting economic stability.

Dow futures climb on GDP, jobless claims data; Nvidia slides 5% post-earnings, dragging tech.

Bitcoin hits $113.17K, up 1.62%, facing $113.6K resistance. ETFs add $81.4M, but altcoins surge 4% outperforming BTC.