News

US Treasury secretary: no risk of China weaponizing Treasuries despite bond market volatility
U.S. Treasury Secretary Scott Bessent in an interview with Yahoo Finance on Tuesday dismissed concerns over China weaponizing ...
US issues new sanctions targeting Chinese importers of Iranian oil
The United States on Wednesday issued new sanctions targeting Iran's oil exports, including against a China-based "teapot" ...
Trump says he's joining Bessent and Lutnick for trade negotiations with Japanese at the White House
President Donald Trump said he’s joining some of his top economic advisers on Wednesday for negotiations at the White House ...
Ex-Treasury secretary: US being treated as ‘problematic emerging market’
Former Treasury Secretary Larry Summers said Wednesday that the U.S. is being treated as a “problematic emerging market.” ...
Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations
In an interview with NBC News’ “Meet the Press,” Bessent called it a “false narrative” that people who are close to retiring ...
The United States and China are locked in a faceoff over tariffs. No one wants to blink first
“Xi will not be forced into a call,” said Sun Yun, director of the China program at the Washington-based think tank Stimson ...
Treasury secretary blames China’s DeepSeek for stock-market plunge: ‘A Mag 7 problem, not a MAGA problem’
The stock market plunge has more to do with the emergence this year of China’s DeepSeek artificial intelligence tool than ...
IRS agrees to unprecedented measure of sharing tax details on illegal migrants with DHS for deportation efforts
Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem signed off on the Memorandum of Understanding ...
Social Security lists thousands of living immigrants as dead to prompt them to leave, AP sources say
Two people familiar with the situation told The Associated Press that more than 6,000 immigrants' Social Security numbers are ...
The bond market is acting weird. It spooked Trump
Global markets are reeling over President Donald Trump’s haphazard approach to tariffs and an escalating trade war with China. Stocks have been volatile, and an unsettling shift has emerged in the ...