Bessent Announced Increased Bond Buybacks. Treasury Yields Jumped Anyway. The 10-year Treasury yield climbed to its highest level since 2023 despite the announcement. International Business Times · Sep 9
Scott Bessent Says How Much Economic Growth Is Needed For The U.S. To Grow Its Way Out Of Its Debt Trap "We don't have a revenue problem. We have a spending problem," Bessent said. International Business Times · Sep 9
Trump's Double Keynote Headlines Lineup at First-Ever GOP Midterm Convention in Dallas: How to Watch 2026 RNC Trump opens and closes the GOP's first-ever midterm convention in Dallas today. Full schedule, live-stream links, and why Rubio isn't speaking. Latin Times · Sep 9
Bessent Says it Is Imperative For The U.S. To Win The AI Race: 'No Day After Tomorrow If China Wins' "If they were to pull away from us on AI, then nothing else would matter," the Treasury secretary added. International Business Times · Sep 9
‘Unfounded accusations’: China rejects US claims of 'malicious' AI distillation by its firms China on Wednesday rejected US allegations that its artificial intelligence companies are engaged in “aggressive, malicious” efforts to extract capabilities from advanced American AI models, calling on Washington to stop making what it described as unfounded accusations. The Times of India · Sep 9
‘I am the house now’: Scott Bessent dares the currency markets to move against him Everything you need to know before you reach the office this morning. Fortune · Sep 9
China hits back at US claims of 'malicious' AI distillation ahead of planned Trump-Xi talks China has dismissed U.S. claims that Chinese artificial intelligence developers extract capabilities from frontier American AI systems The Independent UK · Sep 9
US sanctions all remaining Iranian airlines, with 27 carriers hit in fresh action Donald Trump-led United States on Tuesday imposed sanctions on “all remaining Iranian airlines” that had not previously been targeted, as Washington moved to increase economic pressure on Tehran. The Times of India · Sep 8
The U.S. Is Escalating Its Economic Pressure Campaign Against Iran. Over Two Dozen Airlines Are Being Targeted. "Let this be a warning to anyone doing business with Iran's remaining airlines, all of which we sanctioned today: You are at risk of being cut off from the global financial system," said Scott Bessent. International Business Times · Sep 8
US sanctions all remaining Iranian airlines in 'economic D-Day' push, says Tehran's aviation sector is out of the market The United States has sanctioned all remaining Iranian airlines and supporting companies. These actions target thirty-six entities for aiding Iran's aviation sector. The Treasury Department stated this move aims to choke Tehran financially. Firms in the UAE, Turkey, and Malaysia also face penalties. This escalates economic pressure in the ongoing… The Economic Times · Sep 8
What to expect as Republicans gather in Dallas for Trump’s midterm convention High ranking Republicans and voters head to Dallas this week in a desperate attempt to rally support ahead of the midterms The Independent UK · Sep 8
Canada's counter-tariffs take effect on several US goods as trade war reignites Canada's counter-tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the two countries heated up. Ottawa's pushback comes weeks after US President Donald Trump imposed 50-percent tariffs on a similar value of Canadian products, over what Washington deemed as "discriminatory treatment" against US… France 24 · Sep 8
‘Uncharted territory’: The $40 trillion U.S. national debt just got uglier as interest payments rise to $1.25 trillion a year Last time the net interest payments were this high was 35 years ago. Analysts warn the U.S. is worse off now than it was then. Fortune · Sep 7
Trump, Aides Clamor To Sway Fed's Policy. Is Kevin Warsh In A Fix? This is an unusual public clamor by the administration's top aides ahead of a Fed meet. Many of the Trump administration have also called for a rate cut instead. The idea seems to be to facilitate a narrative in which to pressurize the Fed under its new chair Kevin Warsh,… International Business Times · Sep 6
The Economic Times · Sep 5 Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him President Trump voiced his dissatisfaction regarding the state of the economy, attributing inflation and financial difficulties to both market volatility and the Federal Reserve's policies. His administration is banking on artificial intelligence and tariffs as catalysts for economic growth. Nonetheless, analysts point out that his approach may have exacerbated inflation…
The Guardian - US · Sep 5 Captain calamity: Pete Hegseth under fire for ‘inept’ leadership of US military The US defense secretary faces internal dissent and discord at the Pentagon, accused of focusing on culture war issues and his own political ambitions as the Iran war drags on
The Economic Times · Sep 5 US Treasury Secretary Scott Bessent sees crude oil as low as $40 post-Iran war, lower bond yields Treasury Secretary Scott Bessent anticipates oil prices will fall significantly after the Iran conflict concludes. He expects crude oil to reach as low as forty dollars a barrel due to oversupply. This decline in oil prices will subsequently lower bond yields, which have recently surged. Bessent also downplayed Norway's sovereign…
The Economic Times · Sep 5 US, China gear up for mid-September AI safety talks The talks, the first official bilateral discussions devoted exclusively to AI between the US and China since US President Donald Trump took office for a second time, will be led by US Treasury Secretary Scott Bessent on the US side, the sources, who were briefed on the planning, said on…
Fortune · Sep 4 Bitcoin is trading more like an ‘amplified version of gold’ again, but the four-year cycle theory threatens further declines Some analysts warn the four-year cycle set to complete later this year could bring another slide.
International Business Times · Sep 4 The U.S. Is Seeking To Cut Iran Off From The Global Financial System. It Is Targeting A Turkish Bank To Do So. The sanctions are part of Operation Economic Outcast, a broader campaign targeting the financial networks Tehran uses as its war with the U.S. continues.
International Business Times · Sep 4 The EU Is Joining Washington's Economic Pressure Campaign Agasint Iran. South Korea Could Play a Military Role. U.S. Treasury Secretary Scott Bessent praised Brussels for its "strong and early stance."
Euronews · Sep 4 US claims EU joined new Iran sanctions push, yet Brussels only endorsed them US Treasury Secretary Scott Bessent has declared that the European Union formally joined Washington's campaign to sever Iran from the global financial system. Yet a Brussels statement issued at this week's G20 finance meeting in fact stops well short of that.
The Economic Times · Sep 4 Jefferies’ Chris Wood sees a structural bear market in US bonds. What it means for stocks and gold Jefferies has warned that persistent pressure on US Treasury yields could create a challenging environment for equity markets, particularly for bond-sensitive assets such as REITs. While higher yields have weighed on Singapore REITs, the brokerage sees selective opportunities in the sector and remains constructive on gold and gold-mining stocks as…
Fortune · Sep 4 Workers’ share of America’s income is at a record low before the AI boom even begins EY-Parthenon chief economist Gregory Daco says that the economy’s surprising productivity gains so far predate AI.
The Economic Times · Sep 4 Global Market: JGB yields extend fall as stronger yen, hawkish BOJ outlook lift sentiment Japanese government bond yields extended their decline on Friday as a stronger yen and expectations of a hawkish Bank of Japan stance lifted sentiment. The benchmark 10-year JGB yield fell 5.5 basis points to 2.91%. Shifting US rate expectations also weighed on Treasury yields and supported the yen.