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Lawyers for Federal Reserve's Lisa Cook say White House hearing set up by Trump is 'biased'

Federal Reserve governor Lisa Cook's lawyers say that a committee set up by the White House last week to investigate an accusation against her is "demonstrably biased," though they did not close the door on the possibility that she would appear before the panel.

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Inflation worsened last month to 3.7% as midterm elections near

Gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections that have focused heavily on issues related to affordability.

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