Trump renews effort to fire Fed’s Cook, continuing attacks on central bank

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Federal Reserve Chair Kevin Warsh.Bloomberg News Processing Content Key insight: The labor market remains at or near full employment — as it has for roughly the past five years — but the negative reading bolsters the argument of a softening labor market as the Federal Open Market Committee weighs a rate hike in September. Expert…

CME Group, the Chicago-based derivatives marketplace, reported its second-highest August average daily volume (ADV) on record, with 29.7 million contracts traded during the month, up 6% from August 2025. The gains were broad-based across asset classes, though interest rate products and metals stood out. Interest Rate ADV reached 16.7 million contracts, a 3% year-on-year increase,…

Three established property professionals have taken up new roles across the residential sector, signalling continued structural shifts in the industry towards brokerage and franchise models. Moveli appoints former Hamptons director Andrew Farmer has joined Moveli after more than 25 years in estate agency, including nearly two decades as a director at Hamptons. Farmer, who specialises…