Warsh faces Fed independence test as Bessent pushes into Treasury market
Treasury Secretary Scott Bessent's push to influence Treasury yields is putting pressure on Federal Reserve Chairman Kevin Warsh to spell…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
China’s rare earth exports to US surge to second-highest level since 2025 controls
China's exports of yttrium oxide and rare earth permanent magnets to the US climbed to their second-highest monthly levels since…
Bessent says maximum Iran pressure likely avoids new large-scale U.S. combat
Treasury Secretary Scott Bessent said maximum economic pressure on Iran will likely rule out a return to large-scale U.S. combat,…
Bessent’s Bond-Buyback Relief Rally Erased in a Day by Trump’s Iran Threat
Treasury Secretary Scott Bessent's buyback expansion pulled the 30-year yield down from 5.34% to 5.184% on Wednesday. President Trump's Iran…
Bessent to unveil ‘toughest sanctions in history’ against Iran on Monday
Treasury Secretary Scott Bessent will hold a press conference Monday to lay out what he calls the toughest economic isolation…
