Treasury Secretary Scott Bessent speaks after the 2026 G20 Financial meetings on Sept. 1, 2026 in Asheville, North Carolina. CNBC China was the only Group of 20 member to dissent from a joint statement that “non-market based economies pushing out a never-ending stream of cheap exports is not sustainable,” Treasury Secretary Scott Bessent said Tuesday….
Traders work on the floor the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 2, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields increased on Tuesday, as renewed tensions in the Middle East drove global government borrowing costs to their highest point going back to early last year….
Andrew Bailey, governor of the Bank of England (BOE), during a Bloomberg Television interview at the Reykjavik Economic Conference in Reykjavik, Iceland, on Friday, May 29, 2026. Betty Laura Zapata | Bloomberg | Getty Images The growing threat posed by advanced artificial intelligence models could trigger a disorderly correction in global financial markets, according to…
LOS ANGELES, CALIFORNIA – MARCH 18: Attendees are seen sampling products at the VIP Preview of the medicube Glowland Pop Up on March 18, 2025 in Los Angeles, California. (Photo by Robin L Marshall/Getty Images) Robin L Marshall | Getty Images Entertainment | Getty Images Shares of South Korean beauty company APR have surged nearly…
Trucks traverse the Ambassador Bridge, a main trade route linking Canada and the United States in Windsor, Ontario, Canada July 5, 2020. Carlos Osorio | Reuters As the U.S. and Canada stare down tens of billions of dollars in dueling tariff regimes as a result of President Trump’s new trade war against the nation’s second-biggest…
Director of the Central Intelligence Agency (CIA) John Ratcliffe speaks to the press during the press conference held by the United States President Donald Trump in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. (Photo by Celal Gunes/Anadolu via Getty Images) Anadolu |…
Bill Gates speaks with Reuters during an interview in New York City, U.S., May 8, 2025. Mike Segar | Reuters There is “no plan” for the “social, political, and economic upheaval” AI is about to cause, Bill Gates has warned. The Microsoft co-founder said that AI could become either the “greatest equalizer ever invented, or…
Canada on Tuesday announced retaliatory tariffs against the United States, matching “dollar for dollar” the 50% duties that President Donald Trump imposed over the weekend after a breakdown in trade talks. Ottawa’s new tariffs encompass more than 700 U.S. goods and are worth about $20 billion, mirroring the size of Trump’s latest import taxes on…
Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture. Yields on the 10-year Treasury note — the key benchmark for mortgages, auto loans and credit card debt — were flat at at 4.7021%. The longer-dated 30-year Treasury note yield was also unchanged at 5.2297%. The yield…
Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started…
