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…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
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…
Iran’s Pezeshkian calls for end to war with US, splitting with hardliners
Iranian President Masoud Pezeshkian called for ending the war with the United States, breaking with hardliners who want to keep…
U.S. and Canada leave trade talks without final deal as Saturday tariff deadline nears
The U.S. and Canada left another round of talks in Washington without a final trade deal, leaving Trump's 50% tariffs…
