Bessent warns Zelenskyy to 'be very careful' about claims U.S. is throttling Starlink
Secretary of Treasury Scott Bessent (C), alongside US President Donald Trump (R) and Social Security Administration commissioner Frank Bisignano (L),...
Scott Bessent
U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
An electronic display shows the national debt in Washington, Aug. 19, 2026.Mandel Ngan | AFP | Getty ImagesThe U.S. finished...
U.S. Treasury dismisses IMF debt warning and 'messy' forecasting
David Zervos, Chief Market Strategist of Jefferies LLC, speaks during an interview with CNBC on the floor at the New...
Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge
Long-term bond yields above 5% and a $2 trillion deficit are giving Americans a taste of what a U.S. debt...
China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, on Feb. 1, 2023Yves Herman | ReutersBEIJING —...
Bank of America hit with more than $1.2 billion in penalties over money-laundering violations
A Bank of America branch in New York, US, on Sunday, Oct. 11, 2026. Michael Nagle | Bloomberg | Getty...
CNBC's The China Connection newsletter: How a gold-buying spree helps the yuan go global
Gold jewelry sold at a counter in the gold jewelry area of a large shopping mall in Xi'an, Shaanxi Province,...
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Judy Shelton, whose controversial economic ideas led the Senate to block her nomination to the Federal Reserve, has been appointed...
Oil prices fall on report of potential diesel, crude stock release; Brent back below $100
The Torrance Refining Company refinery in Torrance, California, US, on Monday, Sept. 28, 2026. Caroline Brehman | Bloomberg | Getty...
U.S., China to lower tariffs on $60 billion of goods. Here's what qualifies
Rancher Curtis Schroder, 57, and his son Derek lead heifers toward a transport truck on the Schroder family ranch in...
Trump, Xi wrap state visit centered on spectacle over substance. Here are the top takeaways
Chinese leader Xi Jinping ended his first formal trip to Washington in 11 years Friday, capping a highly anticipated state...
Trump says Scott Bessent won't be AI czar
Scott Bessent, US treasury secretary, speaks during the first day of the Republican Midterm Convention at the American Airlines Center...
China's Xi urges U.S. to cooperate on AI
A visitor walks by a billboard for AI as they attend the PT Expo on September 22, 2026 in Beijing,...
China confirms first AI talks with U.S. have taken place, hints at trade truce extension
BEIJING—China's Commerce Ministry confirmed Thursday that its senior trade negotiators had held their first talks with the U.S. on artificial...
U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
The U.S. and China have extended a truce to keep tariffs lower for longer and rare earths flowing, U.S. Treasury...
Japan's 10-year bond yield hits 30-year high following sell-off in Treasurys
Japanese 10,000 yen and US 100 dollar banknotes arranged for a photograph in Tokyo, Japan, on Friday, May 10, 2024....
Here's what happens to the economy when Treasury yields soar like they are now
US Treasury Secretary Scott Bessent looks on as he speaks to the media at the World Bank on the day...
Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says
The Trump administration is looking into whether implementing a diesel export ban would ease record high prices for the critical...
Why Japan’s markets flipped the usual script after central bank rate hike
Japanese markets reacted in a seemingly counterintuitive fashion on Friday after the country's central bank hiked benchmark interest rates to...
As Republicans tout Trump's 'big beautiful bill,' here's who the tax breaks benefited most
President Donald Trump displays his signature on a sweeping spending and tax legislation known as the "One Big Beautiful Bill...
