Bessent’s Treasury Intervenes in Bond Market, Raising Questions Over Fed’s Independence
Treasury Secretary Scott Bessent's plan to buy long-term bonds and sell short-term bills to push down borrowing costs is raising...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Trump’s tariff deadline looms as Canada, US remain without a deal
The United States and Canada remain without a final trade deal with less than 11 hours left before 50% tariffs...
Bessent’s bond buyback aimed at calming markets instead stirs inflation worries
The Treasury Department's move to double its debt buybacks was meant to steady long-dated bonds, but inflation expectations have instead...
US and Canada near steel deal with 25% tariff-rate quota
The US and Canada are negotiating a deal that would tax Canadian steel at 25% up to an annual quota,...
US and Canada Race to Seal Trade Deal Before Saturday Tariff Deadline
U.S. and Canadian negotiators meet for a third straight day in Washington on Friday, racing to finalize a trade deal...
