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US TREASURY SECRETARY
US stocks: US market sinks as bond yields rise, Walmart results disappointThe S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla amo...
US Treasury's Bessent says upsized bond buybacks could increase furtherUS Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confid...
US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regimeUS Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...
Trump declares 'Economic D-Day' against Iran, warns nations aiding Tehran of 'tremendous' consequencesPresident Trump announced a severe economic operation targeting Iran's financial lifelines. He warned any nation aiding Iran would face sig...
US Stock Market: Treasury steps in to curb rising long-duration bond yieldsThe US Treasury has doubled planned buybacks of longer-dated bonds to at least $4 billion per operation, seeking to ease liquidity pressure...
US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
US stocks: US market rises as yields ease, Moderna lifts healthcare stocksUS stock markets enjoyed a boost as easing bond yields and a spike in Moderna shares contributed to a favorable trading environment. Despit...
US Treasury to double long-dated debt buybacks to battle surging yieldsThe US Treasury will double its buyback operations for long-dated government debt. This move aims to provide liquidity and ease rising bond...
Trump dwarfs his predecessors in the number of ultra-rich in his second White House, report showsDonald Trump appointed significantly more millionaires to his administration than prior presidents. Fifty-seven officials in his government...
US regulator approves bank charter for Trump-backed crypto company World Liberty FinancialThe charter, if ultimately approved at a later date, would allow World Liberty, through the newly created trust bank, to manage and hold as...
Trump wants more economic pressure on Iran. What are his options?The United States plans to impose severe economic measures on Iran soon. Washington is considering sanctions on Chinese refiners and banks ...
What Bessent’s economic isolation of Iran could look likeThe US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-Chin...
Global Market: Japan’s yen intervention puts BOJ in spotlight over rate hike pathJapan’s coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. M...
Oil steadies after US threatens to blockade Iran indefinitelyOil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...
IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to knowEmployers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option ...
Rubio, Bessent stayed on decoy flight from Turkiye as Trump switched planes, official saysTrump was secretly moved to a smaller military jet after an Iranian threat during his return from the NATO summit in Türkiye. Secretary of ...
US Stock Market: Treasury yields pare gains as Iran comments dampen hopes for Strait of Hormuz dealUS Treasury yields pared gains as hopes for a U.S.-Iran agreement faded after Tehran indicated the Strait of Hormuz would remain closed unl...
US yield curve twists expose Trump's and Bessent's rate dilemmaU.S. bond yields are surging to unprecedented levels, putting the Trump administration in a tough spot. While President Trump pushes for lo...
'Compulsive addiction to sanctions': Iran accuses US of being 'incapable' of pursuing diplomacyIran’s Foreign Ministry spokesperson Esmaeil Baqaei on Tuesday accused the US of being “addicted” to sanctions, saying Washington resorts t...
Treasuries rise as falling oil eases pressure on FedTreasury yields declined on Tuesday as oil prices dropped significantly. This decrease followed reports of progress toward resolving the Ir...