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CNBC reports that despite a U.S. Supreme Court ruling the president currently lacks authority to remove Federal Reserve governor Lisa Cook, Trump said he will continue to seek her ouster from the Fed board. Asked how he would remove Cook, Trump said,

2026-07-03

CNBC reports that despite a U.S. Supreme Court ruling the president currently lacks authority to remove Federal Reserve governor Lisa Cook, Trump said he will continue to seek her ouster from the Fed board. Asked how he would remove Cook, Trump said, By winning this case. He said the court remanded the matter on procedural grounds rather than the merits; the opinion left open the possibility Cook could be removed in future.

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2026-07-02

Sung Won Sohn, chief economist at SS Economics, said the U.S. June jobs report reshapes the labor-market picture: nonfarm payroll growth slowed and was revised down, labor force participation fell, leisure and hospitality weakened, and job gains rema

Sung Won Sohn, chief economist at SS Economics, said the U.S. June jobs report reshapes the labor-market picture: nonfarm payroll growth slowed and was revised down, labor force participation fell, leisure and hospitality weakened, and job gains remain heavily concentrated in health care and social assistance. Sohn said the data indicate the labor market is no longer booming, describing a "low hiring, low firing" environment with less margin for error. He added the report reduces near-term odds of further Fed tightening, has weakened the dollar, and investors will monitor whether the cooling persists.
2026-07-03

The CSRC has approved Guangdong Zhongsu New Materials Co., Ltd.'s initial public offering (IPO).

The CSRC has approved Guangdong Zhongsu New Materials Co., Ltd.'s initial public offering (IPO).
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