U.S. Treasury Secretary Scott Bessent speaks during a “fireside chat”, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., September 1, 2026. Sam Wolfe | Reuters “A large bank” will be sanctioned by the U.S. next week, U.S. Treasury Secretary Scott Bessent said Thursday. “We’re going to do it…
President Donald Trump announced Thursday that the federal government will issue $500 Obamacare refunds to nearly 1 million people starting in October. The refunds will be available to enrollees in Obamacare — the informal name for the Affordable Care Act — from 30 states that use the federally run exchange to operate their healthcare marketplace,…
U.S. crude oil prices surged past $100 per barrel on Thursday, the highest level in more than three months as fighting has sharply escalated between Washington and Tehran this week. West Texas Intermediate futures hit a session high of $100.88 per barrel, levels last seen in May. U.S. crude oil was last up 3.4% to $99.32…
DALLAS, TEXAS – SEPTEMBER 09: U.S. President Donald Trump speaks on stage on the first day of the 2026 Republican National Convention at the American Airlines Center on September 09, 2026 in Dallas, Texas. U.S. President Donald Trump will headline the Republican National Committee’s first-ever midterm convention as he aims to highlight his administration’s achievements…
Vantor satellite image shows tunnel construction activities and a large spoil pile near the Natanz nuclear complex at Pickaxe Mountain. Maxar | Maxar | Getty Images U.S. President Donald Trump has urged Iran “not to get cute” over activity at a suspected nuclear site on Pickaxe Mountain, following a barrage of attacks between both countries…
A sign is posted in front of the American Airlines Center ahead of the 2026 Republican National Committee (RNC) Midterm Convention on Sept. 8, 2026 in Dallas, Texas. Justin Sullivan | Getty Images The Republican midterm convention kicked off Wednesday, with fewer than half of the candidates in the most competitive congressional races due to speak…
Treasury Secretary Scott Bessent’s push to calm the bond market is colliding with a more political role, as his planned Republican convention speech raises questions about the credibility he needs to manage U.S. debt markets. Bessent’s prime-time speech at the Republicans’ midterm convention in Dallas on Wednesday will mark the first time in 50 years…
U.S. President Donald Trump speaks to the media before boarding Air Force One for a trip to the Republican National Midterm Convention, at Joint Base Andrews, Maryland, U.S. September 9, 2026. Evan Vucci | Reuters President Donald Trump on Wednesday said energy prices that have been elevated due to the Iran war will not come…
The Treasury Department on Wednesday said it will buy back up to $6 billion of government debt in an operation aimed at keeping bond markets functioning. The much-anticipated announcement triples the normal buyback operation and follows an announcement Aug. 19 from Treasury Secretary Scott Bessent that the department would at least double the normal amount…
Defense tech startup Covenant on Wednesday announced the opening of a 105,000-square-foot factory in Dallas to accelerate lower-cost missile manufacturing for the U.S. military. The startup, which is coming out of stealth and is backed by Andreessen Horowitz, Peter Thiel‘s Founders Fund, Lux, 8VC, Aleph and Lightspeed, also announced $250 million in funding over three…
