Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy
U.S. Treasury Secretary Scott Bessent speaks during a "fireside chat", as finance ministers and central bank governors from G20 countries...
Scott Bessent
U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington,...
Stock futures are little changed as traders await August jobs report: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Aug. 24, 2026....
China hits back at G20 statement on its reliance on exports, accusing them of 'promoting protectionism'
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the...
Global bond yields soar to multi-decade highs as Middle East turmoil reignites inflation fears
Government bond yields jumped across major markets Tuesday, with borrowing costs in Japan and the U.K. touching multi-decade highs, and...
Tehran urges return to June deal, oil prices rise as Trump vows to hit Iran 'hard'
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 31, 2026. Stringer | ReutersOil prices extended gains...
Markets see Warsh endorsing a rate hike in September. Not everyone is convinced
Kevin Warsh, chairman of the US Federal Reserve, walks the grounds during the Kansas City Federal Reserve's Jackson Hole Economic...
G20 meeting live updates: Bessent, Warsh kick off summit with growth-focused remarks
Eli Lilly has pursued more deals this year than all of last year, CEO saysEli Lilly CEO Dave Ricks told...
K, C or E? Why economists can’t agree on the shape of today’s economy
C. K. E.Those aren't initials or Greek life letters. They're some of the terms that economists, corporate leaders and politicians...
Trump ratchets up rhetoric against Beijing as U.S.-China officials meet for Xi's Washington visit
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai,...
Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail
Treasury Secretary Scott Bessent's bond market interventions have generated a modest decline in yields along with a growing chorus of...
China needs U.S. dollars but is building a hedge against Washington’s sanctions
China's President Xi Jinping (R) and US President Donald Trump visit the Temple of Heaven on May 14, 2026 in...
Trump targets Iran’s trade lifelines — here are the countries most exposed
A man holds the Iranian toman equivalent of 1 USD as US dollars selling rate on the free market reaches...
S&P 500 falls to start the week, dragged down by a sell-off in chip stocks: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on Aug. 24, 2026 in...
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...
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...
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...
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...
Big week coming up with PCE, Nvidia earnings and then Jackson Hole. Here's what to expect
The summer may be winding down, but there's an awful lot of potentially market moving activity in store next week....
Bessent's bond gambit aimed at calming markets is instead stirring inflation worries
Scott Bessent, Treasury Secretary, speaking a the CNBC Invest in America Forum in Washington, D.C. on April 15th, 2026. CNBCInvestors...
