Veiled pro-government supporters carrying flags take part in a ceremony commemorating the memory of Iran’s late Supreme Leader Ayatollah Ali Khamenei at the Imam Khomeini Grand Mosque in downtown Tehran, Iran, on August 18, 2026. (Photo by Morteza Nikoubazl/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Iran maintained its harsh rhetoric Saturday against…
Matt Zames, then-chief operating officer of JPMorgan Chase, center, in New York, Feb. 27, 2017. Kholood Eid | Bloomberg | Getty Images Former JPMorgan Chase executive Matt Zames will join the Trump administration as an advisor to the Social Security agency, CNBC has learned. Zames is taking an unpaid position to help his former JPMorgan…
Sen. Jon Husted, R-Ohio, speaks during a Senate Appropriations committee hearing in the Dirksen Senate Office Building in Washington, July 21, 2026. Finn Gomez | Getty Images Sen. Jon Husted, R-Ohio, defended President Donald Trump‘s energy and economic agenda on Friday during an appearance at a southwestern Ohio steel mill with Vice President JD Vance,…
Construction of a new ballroom continues at the White House on August 18, 2026 in Washington, DC. Win Mcnamee | Getty Images The Supreme Court on Friday allowed President Donald Trump, for now, to continue construction on his controversial White House ballroom project. Chief Justice John Roberts, in an order, stayed a federal district court…
President Donald Trump on Friday morning said the United States will allow up to 300,000 metric tons of product for ground beef to be imported over the next three months without being subject to out-of-quota tariffs. Trump also said, “We have a commitment that this beef will be sold at 25 percent below current market…
Dominic LeBlanc (C), Canada’s minister in charge of US-Canada trade, arrives to meet with US Trade Representative Jamieson Greer at the headquarters of the Office of the United States Trade Representative in Washington, DC, on August 20, 2026. Mandel Ngan | AFP | Getty Images The U.S. and Canada have yet to announce a final…
Japanese 10,000-yen banknotes arranged in Kyoto, Japan, on Tuesday, Jan. 27, 2026. Kentaro Takahashi | Bloomberg | Getty Images Japan’s historic effort to prop up the yen may have had an unintended consequence: giving some investors a better opportunity to double down on carry trade. Japanese investors net bought more than 5 trillion yen of…
U.S. Vice President JD Vance speaks to members of the media before boarding Air Force Two, after the U.S. and Iran held high-level talks at the Lake Lucerne Summit, at Emmen Military Air Base June 22, 2026 in Emmen, Switzerland. Nathan Howard | Getty Images Economic pressure is the United States’ “most effective tool” against…
The JPMorgan Chase & Co. global headquarters building in New York, Jan. 20, 2026. Michael Nagle | Bloomberg | Getty Images The U.S. government’s efforts to manage pressure in the Treasury market may merely shift the problem down the road as a surge in global debt issuance tests investor demand, according to JPMorgan. The Treasury…
If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can’t go it alone. A sustained effort to bring down Treasury yields would eventually require coordination with Bessent’s longtime friend, now at the Federal Reserve, Chairman Kevin…
