Prediction market traders doubtful Bessent’s bond interventions will push yields lower
Treasury Secretary Scott Bessent during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the...
Month: August 2026
Trump admin unveils anti-Iran global sanctions plan, signals China not exempt
The Trump administration unveiled a plan to isolate Iran's economy by threatening to impose secondary sanctions on the Islamic Republic's...
California AG Rob Bonta cancels Paramount settlement meeting, citing 'lack of good faith'
Paramount sign outside their offices at 1515 Broadway in New York City, U.S., Feb. 17, 2026.Adam Gray | ReutersCalifornia Attorney...
Goldman Sachs partner warns of 'huge danger' in letting AI replace bankers' reasoning skills
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE)...
Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21,...
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases...
'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war
The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing...
Stocks making the biggest moves premarket: Alibaba, Marvell, Sandisk, Coinbase and more
Check out the companies making the biggest moves premarket: Alibaba — U.S.-listed shares of the Chinese technology company were off...
A media M&A chill: The Paramount-WBD antitrust challenge may hold up more deals than one
Long-awaited media M&A appeared to be finally getting off the ground in recent months. But the delay of Paramount Skydance's...
UPS is investing $2 billion in international, healthcare and supply chain businesses
A person walks past a UPS delivery truck outside a UPS distribution center on March 17, 2026, in New York...
Treasury yields fall as investors brace for Warsh’s Jackson Hole keynote amid bond fears
Treasury yields moved lower Monday as investors look ahead to Federal Reserve Chair Kevin Warsh's keynote speech at Jackson Hole,...
Singapore inflation hits highest in nearly two years, but undershoots expectations
A housewife (R) buys vegetables at a wet market in SingaporeRoslan Rahman | Afp | Getty ImagesSingapore inflation missed estimates...
Alibaba plunges after announcing $10.2 billion share placement to fund AI push
Night view of Alibaba's headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO |...
U.S. to unveil 'greatest financial offensive' against Iran as Tehran threatens ship seizures
U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., U.S., Aug. 20, 2026. Kevin...
What's bogging down the data center trade has nothing to do with demand
Nine thousand people working long hours, six days a week, to meet a deadline for full production of memory chips...
Democratic House leader Jeffries meets with Jared Kushner as midterms loom
Hakeem Jeffries, Minority Leader of the U.S. House of Representatives speaks during the CNBC CEO Council Summit in Washington D.C....
Equal-weight S&P 500 is leading the 2026 market and its flagship trade just hit $100 billion
Traders celebrating at the New York Stock Exchange on April 15, 2026, as the S&P 500 closed above the 7,000...
Small UK power generator shut down after cyberattack linked to Iran: Telegraph
Fiber optic cables feed into switches inside a communications room at an office in London, UK, on Monday, Oct. 13,...
After 10 years at United, CEO Scott Kirby is thinking big about the future of his airline from JFK to AI
United Airlines CEO Scott Kirby speaks during a media event showcasing the airline's new premium "Elevated" aircraft interior at Los...
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Charles Scharf, chief executive officer of Wells Fargo & Co., and Jane Fraser, chief executive officer of Citigroup Inc.Caroline Brehman...
