Politics

A UAE navy ship sails next to a cargo ship in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. Altaf Qadri | AP Iranian trade has fallen sharply under U.S. sanctions and a naval blockade, President Masoud Pezeshkian said, as Supreme Leader Mojtaba Khamenei urged a reduction

Treasury Secretary Scott Bessent, left, and Sen. Elizabeth Warren, D-Mass. Getty Images Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign exchange markets while leaving several of her questions about a rare U.S. intervention in the Japanese yen unanswered. “In her latest sciolistic

U.S. Navy sailors work on the flight deck of the aircraft carrier USS George Washington as it transits the Arabian Sea to support U.S. military operations in the war with Iran Aug. 20, 2026. U.S. Navy | Via Reuters Iran has set out its conditions to reopen the Strait of Hormuz, saying that ​ending the

U.S. President Donald Trump (R) speaks as U.S. Secretary of Commerce Howard Lutnick looks on before signing an executive order to limit mail-in voting in the Oval Office of the White House on March 31, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump‘s administration is reportedly considering new tariffs on

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images A lawyer for Federal Reserve Governor Lisa Cook on Wednesday pushed back on President Donald Trump‘s revived effort to remove her from the central bank, telling the White

Mark Walter‘s TWG Global, in an extraordinary statement Wednesday morning, blasted what it called “multipronged attacks” against the holding company and its subsidiaries, and said “despite what has been reported, there has been no fraud” at those companies. TWG also said it “is not looking to sell its sports assets at ‘fire sale’ prices to

US President Donald Trump during an event in the Rose Garden of the White House in Washington, DC, US, on Monday, Aug. 24, 2026. Will Oliver | Bloomberg | Getty Images President Donald Trump submitted a proposed agreement with Saudi Arabia on civil nuclear energy to Congress on Monday, starting a mandatory review period for

Canada is poised to announce new tariffs on U.S. goods Tuesday in retaliation for the 50% duties that President Donald Trump imposed after a breakdown in trade talks, Canadian trade minister Dominic LeBlanc told CNBC. “Our preference was not to do that,” LeBlanc said on “Squawk Box” after confirming Canada’s intention to unveil the new

A voter drops their ballot at an official ballot drop box inside City Hall during a primary election in San Francisco, California, US, on Tuesday, June 2, 2026. David Paul Morris | Bloomberg | Getty Images The Supreme Court on Monday sided with President Donald Trump for now in his effort to impose sweeping new

US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,

U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., U.S., Aug. 20, 2026. Kevin Lamarque | Reuters The U.S will unveil “the single greatest financial offensive ever” against Iran on Monday, Treasury Secretary Scott Bessent said, while Tehran threatened to seize vessels that violate transit rules in the Strait

Fiber optic cables feed into switches inside a communications room at an office in London, UK, on Monday, Oct. 13, 2025. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A small power plant in the U.K. was shut down for four days in July following a cyberattack carried out by hackers

President Donald Trump disclosed just over 1,000 financial transactions for the month of June in what appears to be broad reshuffling of his portfolio. The president rotated in and out of stocks, bonds and exchange-traded funds throughout the month. The transactions totaled between $78.1 million and $263.1 million, according to Trump’s latest filing on Aug.

US President Donald Trump speaks with Canada’s Prime Minister Mark Carney during a work lunch as part of the G7 summit, in Evian, eastern France, on June 16, 2026. A G7 summit is set to take place June 15 to 17 in the French town of Evian-les-Bains near Switzerland and it will be attended by

Dominic LeBlanc (C), Canada’s minister in charge of US-Canada trade, arrives to meet with US Trade Representative Jamieson Greer at the headquarters of the Office of the United States Trade Representative in Washington, DC, on August 20, 2026. Mandel Ngan | AFP | Getty Images The U.S. and Canada continued trade talks Friday, as the

President Donald Trump on Friday morning said the United States will allow up to 300,000 metric tons of product for ground beef to be imported over the next three months without being subject to out-of-quota tariffs. Trump also said, “We have a commitment that this beef will be sold at 25 percent below current market

If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can’t go it alone. A sustained effort to bring down Treasury yields would eventually require coordination with Bessent’s longtime friend, now at the Federal Reserve, Chairman Kevin