What to watch as Treasury Secretary Scott Bessent testifies before Congress
Treasury Secretary Scott Bessent may face questions on rising energy prices, Federal Reserve policy, government debt and the Trump team's economic agenda.
Treasury Secretary Scott Bessent may face questions on rising energy prices, Federal Reserve policy, government debt and the Trump team's economic agenda.
Two Chinese companies, are alleged to have used trading accounts in Binance to launder the illicit proceeds and funnel the funds to Tehran or its proxies.
The benchmark 10-year Treasury yield climbed to its highest level since 2007 on Tuesday as a sell-off in U.S. government debt deepened ahead of the Federal Reserve's interest-rate decision.
China's new border-control regulations are designed to keep two of its most valuable assets from leaving the country: money and talent.
Standard Chartered CEO Bill Winters reflects on the decisions that shaped his career, from taking an unfamiliar path at J.P. Morgan and being fired by Jamie Dimon to leading the turnaround of Standard Chartered. He explains why, when rare opportunities arise, he believes in taking the “reckless path.”
The department revealed that the Iran war had cost an estimated $33.4 billion as of June 29.
Oil and 10-year Treasury yields are moving in near lockstep, with their correlation at its strongest since 2019.
China's investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.
Oil extended gains amid reports of fresh Houthi strikes on Saudi Arabia and attacks by Iran on ships in the Gulf.
Justice Brett Kavanaugh said that applying the Postal Service rule in the 2026 midterm elections "would be arbitrary and capricious."
Dutch startup Euclyd raised the funding in a round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries.
The major averages fell Monday, weighed down as oil prices rose and the 10-year Treasury yield briefly surpassed 5%.
As the U.S.-China tech rivalry simmers, Beijing is increasing restrictions on how its companies can deploy their tech talent overseas.
Broadcom CEO Hock Tan said demand for AI infrastructure remains strong despite growing concerns about increasingly powerful models.
The 84-year-old Kentucky Republican is back in Washington after a fall, hospitalization, pneumonia and weeks of rehabilitation kept him away from the Senate.
President Donald Trump's political wartiest has spent much of the 2026 midterm election campaign cycle on the sidelines despite pleas from Republicans.
The major averages closed lower on Monday as higher bond yields and oil prices kept the market under pressure.
Anthropic CEO Dario Amodei and others are warning that AI models may be able to build on themselves, without the help of humans. It’s a concept known as recursive self-improvement.
The new Russian bank sanctions follow a small handful of other actions that the Trump administration has taken since vowing to inflict "economic D-Day" on Iran.
Oil buyers are paying much more to get a barrel of crude oil immediately as the Iran conflict threatens global supplies.