World News
Despite Treasury's Scott Bessent's remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.
Politics & Governance
Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang. CNN’s Kevin Liptak reports.
Business & Economy
Treasury yields moved higher as investor expectations for a December rate hike by the Federal Reserve gain strength.
World News
Treasury’s pre-election budget update shows Victoria’s cash deficit will blow out to $33 billion, putting heat on the next government to rein in spending.
Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over his department’s reluctance to label Nvidia customer Megaspeed a possible national security threat in a Situation Room confrontation last week that illustrates the tension inside the Trump administration over Chinese access to Nvidia’s advanced chips, two people familiar with the matter told CNN.
World News
Iran is said to have geo-located Bessent's $12.5m mansion in Washington, DC after a photo of it was published.
World News
Bessent, the driving force behind US push to cripple Iran’s economy, relocates reportedly over threat to his life
Business & Economy
Treasury yields rose as bond markets reopened following Veterans Day.
World News
The move comes as the Department of Justice said late Tuesday that three Iranian nationals have been indicted on terrorism-related charges.
Business & Economy
Treasurys moved higher as traders awaited October's CPI data.
World News
Treasury secretary Jenny Wilkinson says treasury advice now focuses more on economic resilience and sovereign capability to adapt to a changing world
Business & Economy
Treasury yields were flat as investors awaited a fresh round of economic data following a strong employment print Friday.
Business & Economy
US Treasury claims firms helped sanctioned Iranian entities and handled funds linked to alleged drug trafficking boss.
World News
Trump-Xi Busan deal aimed to ease tariffs and tech restrictions; progress hinges on China's fulfilment of commitments.
Business & Economy
Investors assessed the path of monetary policy following a blowout October jobs report on Friday.
Business & Economy
U.S. Treasury yields moved broadly lower across the curve on Thursday.
World News
US Treasury says Indian couple faked ship registries for countries including Guyana and Laos to help Iranian tankers.
Business & Economy
Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures fall but later pare losses