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...
Scott Bessent
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...
The 10-year Treasury is closing in on 5%. How it gets there matters more
The 10-year Treasury yield is once again closing in on the psychologically important 5% threshold. For investors, the biggest issue...
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...
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...
