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…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Treasury Proposes Rules Banning ESG Funds From Trump Accounts
The Treasury Department and IRS proposed rules Thursday that would ban ESG-focused funds from Trump Accounts, the tax-advantaged savings accounts…
Daly Defends Fed Independence as Treasury Expands Bond Buybacks
San Francisco Fed President Mary Daly says it is too early to judge how Treasury's expanded buybacks in long-dated debt…
New US carrier strike group arrives in Middle East as USS Abraham Lincoln faces scrutiny
A new US Navy carrier strike group led by the USS George Washington has arrived in the Middle East, the…
Ukraine strikes major oil refinery and terminal, extending deep-strike campaign on Russian energy
Ukraine struck a major Russian oil refinery and a smaller oil terminal overnight, extending a campaign aimed at cutting the…
