Bailey warns G20 that AI cyber risks threaten a market meltdown
Bank of England governor Andrew Bailey, who chairs the Financial Stability Board, has warned G20 finance ministers that frontier AI…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
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…
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…
