Stock Market News
This Jacked-Up Tech ETF Demands a Strong Stomach
Investors are flocking to an ETF that enhances the daily exposure of leading chip stocks. Buyer beware.
Market expert eyes the ‘BIGGEST RISK LURKING OUT THERE'
'The Big Money Show' panel analyzes the stock market as Eli Lilly surges on raised guidance and the S&P 500 eyes a record close. The panel also debates SpaceX spending concerns and rising Treasury yie...
Brace for Three Rate Hikes in 2026, Says Bank of America’s CEO
Bank of America ($BAC) CEO Brian Moynihan reiterated the firm’s forecast for three rate hikes this year. Moynihan pointed to persistent inflation as the main driver behind BofA’s forecast, which…
The K-shaped economy isn't dead yet
The shape of the economy, and which letter best describes it, has become a point of contention. Treasury Secretary Scott Bessent said the K shape is over, and the C shape is in.
Bank of America tech executive Liu leaving for competitor, memo says
Senior Bank of America technology executive Ed Liu has resigned and plans to join a competitor, the bank said in an internal memo on Wednesday.
Major Wall Street hedge funds targeted in attempted cyberattacks, Bloomberg News reports
Hackers attempted a series of sophisticated cyberattacks on major Wall Street money managers in recent days, targeting their information systems, Bloomberg News reported on Wednesday, citing people ...
Dow Jones Today: DJIA Rallies on Hormuz Optimism as Rate Hike Odds Slip
The Dow Jones (DJIA) climbed to a new all-time high on Wednesday as momentum toward a reopening of the Strait of Hormuz continues to build. The U.S., Iran, and Oman…
Two regional Fed banks to launch pilot survey of private credit market
The Dallas and New York Federal Reserve banks plan to launch a pilot survey into the estimated $1.3 trillion private credit market after the end of the third quarter, the New York Fed said in a stat...
Stocks Rise on Earnings and Hopes for Hormuz Deal
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday. Whi...
Tech Melt-Up Drives $3.5T Nasdaq 100 Gain in Four Days
A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100's market capitalization in just four days, driven by strong earnings that have emboldened investors ab...
What the Stock Market's Record Highs Are Hiding
As stocks hit new highs, it pays to keep an eye on what's bubbling beneath the surface.
5 things investors should know about the stock market's latest rapid-fire comeback
What a difference a week makes. The S&P 500 has surged more than 6% over the past five days, its biggest gain since last year's tariff tantrum.
The Big Picture: WHat's Fueling Current Market Rally
With the markets notching new highs, Nate Peterson and Kasey McCurdy join Sam Vadas to make sense of the momentum fueling recent performance. Nate says "everything about this market is tied into earni...
Why Is the Stock Market Up Today, 8/5/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in the green on Wednesday, with the former securing a new intraday all-time high. U.S. equities received a boost…
It's the worst time in years to invest in AI credit markets: ‘Almost no upside and plenty of downside'
Researchers at Andromeda Capital Management are worried about the uncertain return on investment for investors who are financing the AI capex bonanza.
Trump admin. refunds $100 billion in 'liberation day' tariffs
The Trump administration said it has refunded about $100 billion of the tariff revenue that was collected through President Donald Trump's 2025 "liberation day" duties. The Supreme Court scrapped thos...
FATE UNKNOWN: If CLARITY DIES Democrats KILLED IT, Lummis says
Sen. Cynthia Lummis, R-Wyo., discusses the expected CLARITY Act vote, the budget agenda before recess, Congress' August checklist and the Democratic Party's direction after Tuesday's primaries on ‘Mor...
Why Is Silver Up 4% Today, 8/5/26?
Silver (XAGUSD) is up by over 4% on Wednesday amid rising optimism for a reopening of the Strait of Hormuz. So, how exactly does this affect silver? Hormuz accounts for…
U.S. Services-Sector Activity Continued to Expand in July
The Institute for Supply Management's purchasing managers index for services providers was 54.1 in July compared with 54 in June.
U.S. economy keeps up the momentum, but rising costs put a cap on new hiring
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and companies responded by keeping a lid on hiri...
Progressive Michigan Win Makes General Election Challenging, Morgan Stanley's Salvatore Says
Ariana Salvatore, head of US public policy strategy at Morgan Stanley, says a win by progressive Abdul El-Sayed in the Democratic US Senate primary in Michigan “makes it really challenging as a genera...
Fed’s Schmid Calls for Higher Rates to Tackle Inflation
Federal Reserve Bank of Kansas City President Jeff Schmid believes that higher rates are necessary to bring inflation down to the central bank’s 2% target. Inflation has remained above that level…
Wall Street Bonuses Poised to Increase as Deals Surge
Wall Street bonuses are projected to rise 10% to 15% or more for investment and commercial bankers as their results outpace other sectors of finance. Katherine Doherty reports on "Bloomberg Open Inter...
Dow Jones Climbs as Hormuz Reopening Deal Gains Momentum
The Dow Jones (DJIA) opened Wednesday in the green as the U.S., Iran, and Oman continue to make progress in reaching an agreement to reopen the Strait of Hormuz. Regional…
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Bank of America CEO Brian Moynihan called the near-collapse of hedge fund Situational Awareness a warning shot for leveraged financial markets. Bank of America was among the prime brokers for the hedg...
Private sector added 44,000 jobs in July, below expectations, ADP says
The figure reported on Wednesday is below economists' estimates of an increase of 70,000 jobs. The prior month's reading was revised lower to 95,000.
Mandatory AI Safeguards May Be Needed: Gibson
Retired Lieutenant General Karen Gibson, a former deputy director of national intelligence for national security partnerships, says the newly disclosed incidents involving OpenAI models show that a pr...
Minneapolis Fed President Kashkari: 'Now is the time to start slowly moving' rates up
Minneapolis Fed President Neel Kashkari joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, interest rate outlook, his thoughts on how many meetings the Fed needs, and m...
Private-Sector Hiring Missed Expectations In July, ADP Report Says
Private companies added a net 44,000 jobs in July after adding a revised 95,000 jobs in June, human-resources company ADP said.
Treasury Decides Not to Increase Long-Term Bond Issuance Anytime Soon
The Treasury on Wednesday said it will not change the amount of notes and bonds for sale for at least the next several quarters, in keeping with Wall Street's expectations.
5 Things to Know Before the Stock Market Opens on Wednesday
Stock futures are pointing to modest gains this morning after the Dow Jones Industrial Average and S&P 500 soared to record highs yesterday; SpaceX shares are tumbling after the Elon Musk-led company ...
U.S. to Ban Exports of Recycled Battery Metals and Tungsten
The move comes as Washington races to secure raw materials that are crucial for defense and other industries.
The government owns some of the same stocks you do. Here's why that is risky.
Recent deals to have the U.S. take a stake in companies mark something new: Government ownership used as a standing industrial-policy tool rather than an emergency backstop.
Stock Futures Rise as Investors Assess Major Earnings Reports
U.S. stock futures trended higher on Wednesday morning, continuing the solid momentum in the previous trading session, as investors assessed the latest earnings releases, including reports from SpaceX...
Stock bears obliterated as Nasdaq 100 logs top 10 bullish stat of past decade
"Pessimists threw in the towel and optimism was running amok today," said Nations Indexes president Scott Nations.
Fed's Kashkari says 'now is the time to start slowly moving' rates up
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he thinks higher interest rates are needed now to bring down inflation and avoid more drastic increases later.
Private companies added just 44,000 workers in July, below expectations, ADP reports
Private companies added 44,000 jobs in July, a slowdown from the 95,000 the prior month and below market expectations, ADP reported Wednesday. Virtually all of the job gains came from healthcare relat...
Markets Fall Back in Love With the AI Trade, Fueling a Surprise August Rally
It's August, not April, but tech stocks are powering markets higher once again.
Reports of the 60/40 portfolio's demise are proving to be premature
The balanced stock-bond portfolio is defying the widespread argument that it is no longer an appropriate approach.
Dow futures jump 195 points: 5 things to know before Wall Street opens
US stock futures were mixed on Wednesday as optimism over a possible Middle East agreement supported the Dow and S&P 500, while post-earnings selling in SpaceX and AMD weighed on the Nasdaq. At 7:00 a...
Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased to 6.81% from 6.76% Applications to refinance a home loan fell 2% for the...
Wall Street warms to healthcare stocks as tech trade faces turbulence
Investors are pouring money into U.S. healthcare stocks, betting that improving earnings, rising dealmaking and attractive valuations will extend the sector's rebound after years of underperformance.
The Dividend Mind Trick
SpaceX stock looked to have finally achieved liftoff after a rocky start, but then investors got spooked by some otherworldly AI spending plans announced alongside its generally good results. Along wi...
Citadel's Purchase of Situational's Stocks at Discount Is Already Paying Off
Citadel's purchase of the bulk of the stock portfolio of the AI-focused hedge fund Situational Awareness helped propel its performance last month.
Bankers' bonuses to rise most on Wall Street
Bank executives' compensation will rise the most among all financial sectors on Wall Street, as record revenues on trading and deals boost bonuses, according to Johnson Associates, a financial compe...
Bankers Are Betting on Supersize Bonuses This Year With Profits Surging
Volatile markets and huge stock offerings have been fueling profits on Wall Street.
Trump Criticizes Oil Companies for ‘Making Too Much Money’ – 3 Oil Stocks to Watch
President Donald Trump criticized major oil companies for “making too much money” as crude prices remained elevated during the Middle East conflict. He urged energy producers to lower gasoline prices…
Stock Market News Today, 8/5/26 – Futures Wobble as Investors Weigh Earnings and Middle East Hopes
U.S. stock futures traded mixed ahead of Wednesday’s session as sharp pre-market declines in SpaceX ($SPCX) and AMD ($AMD) weighed on Nasdaq futures. Meanwhile, investors welcomed hopes of a U.S.-Iran...
S&P 500, Dow futures inch up as MidEast hopes offset SpaceX, AMD drag
Contracts tracking the S&P 500 and the Dow edged up on Wednesday on hopes of a Middle East peace breakthrough, while Nasdaq futures lagged as upbeat forecasts from SpaceX and AMD failed to impress i...
U.S. Treasury yields fall as traders monitor possible Iran war deal
Treasury yields moved lower as investors eye a potential deal to unlock the Strait of Hormuz.
U.S. Futures Higher, Oil Holds Around $80 on Hopes for Imminent Hormuz Reopening
A rally across global stock markets continued, with sentiment boosted by the prospect of a U.S.-Iran agreement to reopen the Strait of Hormuz.
Stock Market Today: Stock Futures Tick Up, SpaceX Stock Slides
Brent crude hovers around $80 as investors remain optimistic on Mideast talks
Stock Futures Climb on Hopes of a Strait of Hormuz Deal
U.S. stock futures traded higher ahead of Wednesday’s session as investors welcomed hopes of a U.S.-Iran deal to reopen the Strait of Hormuz. Futures on the Nasdaq 100 (NDX), the S&P 500…
Trump Says Strait of Hormuz Will Be Open 'Very Soon'
The prospect of an interim deal focused on the Strait of Hormuz gained traction after Qatar said a proposal had been drafted. A short-term deal could help normalize commercial shipping in the strait a...
What Leopold Aschenbrenner's Fall Says About This Overleveraged Market
Margin debt is at record highs. Leverage is too easily available—a big problem that multiplies volatility in ways that are hard to track and little understood.
Inflation Problem Isn't Only About Energy, Fed's Schmid Says
Kansas City Fed President Jeff Schmid said Tuesday that the Federal Reserve's inflation problem isn't only about energy, and bringing inflation down to the Fed's 2% objective will require tighter poli...
‘ECONOMY IS BOOMING': Kudlow makes strong economic case
Citi Wealth head of economics Conrad Dequadros and FOX Business co-host Taylor Riggs analyze the S&P 500 hitting all-time highs under President Donald Trump's economic policies on ‘Kudlow.'
AI Just Went Rogue Again. This Time It Turned to Deception.
A U.K. government-backed research group said OpenAI and Anthropic systems took unsanctioned actions and behaved deceptively during testing.
China AI hardware stocks slump after news US plans to ban imports of Chinese components
China's artificial intelligence hardware stocks slumped on Wednesday after news that the Trump administration is drafting a ban on U.S. imports of new models of Chinese data centre components.
U.S. says Strait of Hormuz is 'free and open' as Bessent says deal with Iran is close
CENTCOM said the "southern route of the Strait of Hormuz remains free and open," referring to a path through Omani territorial waters. This comes after U.S. Treasury Secretary Scott Bessent said that ...
Fed's Schmid says finances around AI buildout merit watching
Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday the financial situation involved in building out the artificial intelligence sector bears watching.
We have to make sure Iran doesn't become a regional HEGEMON: Nathan Sales
Former Trump State Department official Nathan Sales discusses Iran's efforts to control the Strait of Hormuz as Tehran and Oman negotiate a temporary agreement over the strategic waterway on 'The Even...
Asian Currencies Consolidate; May Gain on Hopes for Hormuz Reopening
Asian currencies consolidated against the dollar in early trade, but may strengthen on hopes for the reopening of the Strait of Hormuz which could bolster appetite for risky assets.
Nikkei Rises 2.3%, Led by Electronics Stocks
Japanese stocks were higher thanks to renewed hopes for a U.S.-Iran deal to reopen the Strait of Hormuz.
JGBs Mixed; May Track Gains in U.S. Treasurys
JGBs were mixed in early Tokyo trade, but may track overnight price gains in U.S. Treasurys.
Review & Preview: Floating on Sunshine
The market had a beautiful day and two indexes notched record highs.
Review & Preview: Floating on Sunshine
The market had a beautiful day and two indexes notched record highs.
Review & Preview: Floating on Sunshine
The market had a beautiful day and two indexes notched record highs.
Expert says Iran headlines could CONTINUE to drive market volatility
Empower chief investment strategist Marta Norton analyzes market winners, losers and sector trends across tech and energy on 'The Claman Countdown.' #fox #foxbusiness #media #breakingnews #us #usa #ne...
U.S. Stock Futures Mixed as Investors Digest SpaceX and AMD Results
U.S. stock futures were mixed on Tuesday evening as investors weigh results from SpaceX ($SPCX) and Advanced Micro Devices ($AMD). Futures on the Dow Jones Industrial Average ($DJIA) and the S&P 500 w...
White House's AI Guidelines Exempt U.S. Open Models From Government Review
The new framework, completed in recent days, is seen as most likely to affect OpenAI, Anthropic and Google.
Jim Cramer says one hedge fund's collapse cleared the way for tech's rally
CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling, allowing technology stocks to rally on strong fundamentals. He said the tim...
Earnings Deliver but the Long End Pushes Back. Will Profits Be Enough?
Amid heightened AI-related scrutiny, volatile energy prices tied to the ongoing Iran conflict, and mounting uncertainty over the Fed's policy path, equities were mixed in July, with the Nasdaq-100 dec...
Stocks face their weakest seasonal stretch. Why extreme investor pessimism could limit any selling.
U.S. stocks are entering what has historically been the weakest stretch of the year, but unusually bearish investor sentiment could help limit any pullback, according to Ned Davis Research.
Even Big Profits Aren't Enough to Keep Chip Investors Happy
The semiconductor index fell into a bear market despite “unprecedented” profit increases.
Ed Yardeni: Equity markets have fabulous earnings momentum
Ed Yardeni, Yardeni Research, joins 'Closing Bell' to discuss Yardeni's outlook for equity markets, earnings estimates and much more.
Tuesday's Final Takeaways: Chips Rally, Middle East Peace Hopes Build
Marley Kayden reminds investors that positive commentary from Treasury Secy. Bessent led to a premarket rally in stocks and potentially some relief in crude oil prices.
Traders are using options to chase a runaway rebound in stocks, pushing the market even higher
Stocks have shot higher over the past four trading sessions, and investors who are worried about missing out are piling into bullish options bets just to try to keep up.
U.S. Stocks Jump as Bessent Says Iran Deal May Be Days Away
U.S. stocks surged and oil fell sharply after Treasury Secretary Scott Bessent said the U.S. could reach a deal with Iran to reopen the Strait of Hormuz “today or tomorrow.”
Dow, S&P 500 hit record highs as AI earnings and oil drop lift stocks
Stocks rallied sharply on Tuesday, sending both the Dow Jones Industrial Average and the S&P 500 to fresh record highs as strong corporate earnings and another steep decline in oil prices boosted inve...
The stock market soars. 5 reasons behind the big surge Tuesday
The Dow had its best day in nearly two months and the S&P 500 rose to new highs.
Stock Market Today: SPY Ramps to Record High as Oil Slips Below $85; AI Stocks Surge
The S&P 500 ETF ($SPY) rallied to a new all-time high on Tuesday, driven by falling oil prices and continued gains in AI stocks. News That Moved the Stock Market…
Stocks Rally, Oil Drops after Bessent Signals Iran Deal on Hormuz
Oil prices continued their slide and stocks rallied after Scott Bessent said a deal with Iran to reopen the Strait of Hormuz could come “today or tomorrow.” Before his comments, investor confidence in...
Dow surges 900 points, S&P 500 closes above 7,700 for first time in booming Wall Street rally
Stocks had a banner day Tuesday, with the S&P 500 and Dow Jones Industrial Average scaling to fresh record highs, thanks to strong earnings and another decline in oil prices driven by hope that the St...
S&P 500 Top Stock Gainers Today, 8/4/26
The S&P 500 (SPX) climbed to a new all-time high on Tuesday as AI stocks continued to ramp higher alongside a drop in oil prices. Let’s break down the sectors behind the performance.
Higher bond yields matter more than a weak yen for US stocks: Strategist
Julian Emanuel, Chief Equity and Quantitative Strategist at Evercore ISI, sees a “constant push and pull” in the U.S. bond market. Ultimately, he expects the Trump administration to keep the 10-year t...
The PCE Makeover
Confluence Investment Management offers various asset allocation products which are managed based on “top down,” or macro, analysis. We publish asset allocation thoughts on a bi-weekly basis, updating...
Stocks return to record highs. Investors who sat tight during the recent momentum crash are being rewarded.
S&P 500 heads for 25th record close of 2026, after a 42-day break.
Trump Gives Iran ‘Last Chance’ Warning Before ‘Decapitation’
President Trump warned Iran it has one final chance to reach a deal with Oman to reopen the Strait of Hormuz or face severe consequences. “I want to give them…
Big Tech Stocks Could Extend Rally After ‘Momentum Shock'
Strong earnings from the biggest technology companies and improving AI spending trends could help drive another leg higher for Big Tech stocks, according to Société Générale.
Market Midday: Stocks Soar on Hope Strait of Hormuz Will Reopen • 8/4/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
Dow Jones Today: DJIA Jumps to All-Time High as Oil Slides on Hormuz Reopening Hopes
The Dow Jones (DJIA) secured a new intraday record high on Tuesday as oil prices continue to fall. Brent crude (BZ), the global oil benchmark, is down by nearly 5%…
155 Is the Yen's Next Big Test, Englander Says
Japan's historic joint intervention with the US is shifting market focus to whether the yen can strengthen beyond 155 per dollar, a threshold strategists view as a key test for the rally's staying pow...
Japan's Equities Risk Tactical Correction: Goldman's Moe
Goldman Sachs Chief APAC Regional Equity Strategist Timothy Moe discusses Japan's macroeconomic environment following recent currency market intervention, warning that Japanese stocks risk a tactical ...
Savary: Dollar Dominance to Remain for Decades
The joint US-Japanese intervention has shifted market focus to whether the Yen can strengthen beyond 155 per dollar, a threshold seen as a key test for the rally's staying power. Mathieu Savary, Chief...
Bessent defends Warsh, saying markets are going through ‘detox' from too much Fed guidance
The Treasury secretary questioned the need for an interest-rate hike.
Stocks could soar in August. Here are six potential drivers.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month.
S&P 500 Rallies to Record High as AI Stocks Accelerate
The S&P 500 (SPX) secured a new all-time high on Tuesday as AI stocks continue to push higher. Leading the way is Palantir ($PLTR), which is up by over 20%…
Job openings fell to a 3-month low. Is the labor market losing momentum?
After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum.
US factory orders unexpectedly fall in June
New orders for U.S. factory goods unexpectedly fell in June, but demand elsewhere was solid as businesses continued to boost investment in artificial intelligence infrastructure.
Why Is the Stock Market Up Today, 8/4/26?
Both the S&P 500 (SPX) and the Dow Jones (DJIA) secured new intraday record highs on Tuesday, while the Nasdaq 100 (NDX) reached its highest level since July 15. The…
US Trade Deficit Narrows to $73.3 Billion as Imports Fall in June
The US trade deficit narrowed in June as imports fell for the first time since the start of the year. The gap in goods and services trade shrank 5.6% from the prior month to $73.3 billion, while the v...
Market Open: Stocks Soar, Bessent: Iran Deal Nears, Trump Attacks Big Oil • 8/4/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
U.S. Job Openings Slip To 7.4 Million, But Labor Market Remains Resilient In Face Of Iran War
WASHINGTON (AP) — U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hor...
Crude Oil Price Analysis – Crude Oil Tests 200-Day EMA as Iran Headlines Swirl
The oil markets continue to move on the latest comments and headlines, giving most traders headaches to be quite frank about it.
Buy the S&P 500 Before it Surges to 8,000, Says Societe Generale
Bullish earnings reports have reinforced Societe Generale’s forecast that the S&P 500 (SPX) will climb to 8,000 by the end of the year. The target implies upside of about 5%…
Treasury Yields Fall as Oil Cheapens on Hopes of a Hormuz Deal
Treasury yields fell as oil cheapens on hopes of a Hormuz deal.
Markets Point Upward on Positive Headlines Regarding Iran Talks
Crude oil prices fell sharply following comments from Treasury Sec. Scott Bessent which indicate positive developments on re-opening the Strait of Hormuz.
Dow Jones Extends Gains as Bessent Teases Hormuz Deal ‘Today or Tomorrow’
The Dow Jones (DJIA) continues to rise on Tuesday after Treasury Secretary Scott Bessent said it’s possible the U.S. could soon reach a deal to reopen the Strait of Hormuz.
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Stock Breakout Eyes All-Time Highs
US indices positive early during the session on Tuesday, as we continue to see a lot of buyers getting involved.
Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
Philadelphia Fed President Anna Paulson told CNBC on Tuesday that she is confident the current interest rate level is sufficient to bring inflation back to target. The policymaker voted last week with...
Philadelphia Fed President Paulson: We need 'mildly restrictive' policy to bring inflation down
CNBC's Steve Liesman and Philadelphia Fed President Anna Paulson join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, interest rate outlook, and more.
U.S. Trade Deficit Contracted in June
U.S. imports totaled $388 billion in June, down 1.8% from May, while exports were $314.7 billion, down 0.9% from May. That yielded a trade deficit of $73.3 billion versus $77.6 billion in May.
U.S. Trade Deficit Dips in June as Imports Fall Back
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
Futures Rise on Potential Hormuz Deal and Palantir Results; All Eyes on SpaceX Earnings
U.S. stock futures trended higher on Tuesday morning after Treasury Secretary Scott Bessent told CNBC that the U.S. is in talks with Iran and a potential deal to open the…
Fed's Paulson Keeping an ‘Open Mind' on Interest Rates
Federal Reserve Bank of Philadelphia President Anna Paulson said she will keep an open mind about the path for interest rates, writing in an essay on Tuesday that she is focusing on the trends of unde...
Rising Bond Yields Are Testing the Fed's Credibility as Key Jobs Data Loom
The bond market's summer reset has 10-year note yields trading near the highest levels since early 2025.
Bessent says U.S. backed Japan's yen intervention to help stabilize Asia
Treasury Secretary Scott Bessent said the U.S. joined Japan's yen-buying intervention because a stable yen is critical to regional trade and financial stability. Bessent warned that further yen weakne...
Treasury Sec. Bessent: A stable yen is important not only for the U.S., but for the entire region
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss details of the U.S.-Japan yen intervention, what drove the U.S. to intervene, his thoughts on Japan's policy path, and more.
Five Charts That Show Why the U.S. and Japan Teamed Up to Buy Yen
A rundown of why Friday's historic intervention in currency markets happened.