Browsing Category
Politics
What to watch as Treasury’s Bessent testifies before Congress
U.S. Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, D.C., U.S., Aug. 24, 2026. Evelyn Hockstein | ReutersTreasury Secretary Scott…
Oil extends gains following Houthi strikes on Saudi Arabia
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 24, 2026.Stringer | ReutersOil extended gains Tuesday, amid reports of fresh Houthi strikes on Saudi Arabia and attacks by Iran on ships in the Gulf.Futures for…
U.S. seeks crypto, saying it’s from Iran oil sales to Chinese buyers
Stablecoin Tether and Circle's USDC dominate the market.Justin Tallis | Afp | Getty ImagesThe U.S. has filed a civil forfeiture complaint against $61 million in cryptocurrency that it alleges proceeds from black-market sales of…
10-year Treasury yield rises to highest since 2007 as Fed rate-hike
Traders work on the floor of the New York Stock Exchange (NYSE) on September 09, 2026 in New York City.Spencer Platt | Getty ImagesThe benchmark 10-year Treasury yield climbed to its highest level since 2007 on Tuesday as a sell-off in…
Beijing widens border-exit control to to curb wealth, talent outflows
Passengers board a ferry after customs clearance at Lianyungang International Passenger Station in Lianyungang, China, on October 21, 2024. Costfoto | Nurphoto | Getty ImagesChina's new border-control regulations are designed to keep two…
Many buildings, aircraft destroyed or damaged in Iran war: U.S. report
U.S. Navy sailors tend to a fighter jet on the flight deck of the USS George Washington in the Arabian Sea, Sept. 11, 2026. Ed Ou | ReutersIranian strikes have damaged and destroyed "hundreds of buildings and structures" at U.S. bases in…
Treasury hits Russia’s VTB Bank with new sanctions over Iran ties
A photo shows an exterior view of a branch of Russia's VTB Bank, on May 23, 2023 in Tehran, Iran.Fatemeh Bahrami | Anadolu Agency | Getty ImagesThe Treasury Department on Monday announced new sanctions on Russia's state-controlled VTB…
China’s August retail sales miss forecast as investment slump deepens
China's investment slump deepened and retail sales growth slowed further in August while industrial output topped estimates with authorities warning of acute supply-demand imbalance at home. Retail sales grew 0.4% in August from a year…
Trump-linked PAC spends roughly $21 million in 2026 midterm races
President Donald Trump greets attendees as he walks to the stage on the first day of the 2026 Republican National Convention at the American Airlines Center in Dallas, Texas, Sept. 9, 2026.Justin Sullivan | Getty Images News | Getty…
Supreme Court rejects Trump bid to lift block on mail-in ballots rule
The U.S. Supreme Court in Washington, June 29, 2026.Graeme Sloan | Bloomberg | Getty ImagesThe Supreme Court on Monday night rejected a request by the Trump administration to lift a judicial block on a controversial U.S. Postal Service…