U.S. to sanction another bank over Iran ties as rial collapses
The U.S. Treasury plans to sanction another bank this week over its ties to Iran, Secretary Scott Bessent said, as…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Bitcoin Tops $80,000 as Treasury Bond Buybacks Reignite Yield-Control Debate
Bitcoin reclaimed $80,000 on Thursday after the U.S. Treasury's bond buyback plan revived a decades-old debate over yield control on…
US strikes Iranian missile launchers on Larak Island near Strait of Hormuz
US forces struck two Iranian missile launchers on Larak Island in the Strait of Hormuz after Tehran was observed preparing…
Trump’s new Iran sanctions leave China’s oil purchases untouched
Treasury Secretary Scott Bessent launched "Operation Economic Outcast" against Iran on August 24, targeting more than 60 entities, individuals, and…
US unemployment falls to 4.1% as Fed weighs shrinking labor force against inflation still above target
The US unemployment rate slipped to 4.1% in July, a level Fed Chair Kevin Warsh has called consistent with full…
