Bessent calls AI executives’ doom warnings alarmist, rules out liability shield
US Treasury Secretary Scott Bessent has dismissed AI executives' warnings about existential risk as alarmist, telling them to fix their…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Turkey extends lower margin trading requirement to October 30
Turkey's Capital Markets Board has extended a reduced margin trading requirement for brokerages through October 30. The lower ratio was…
Ukraine to intensify strikes on Russian oil refineries after Moscow’s new airstrike doctrine
Ukraine will intensify strikes on Russian oil refineries after Moscow adopted a new doctrine of airstrikes on civilian infrastructure, President…
Iran’s Central Bank Plans to Block Rial Accounts Tied to Crypto Exchanges
Iran's central bank plans to block the rial bank accounts and payment gateways some crypto exchanges use to move customer…
Six US bank failures in 2026 add up to $1.43 billion, far below 2023’s $552.54 billion
Six US banks have failed in 2026, one more than in 2023, but their combined assets come to about $1.43…
