US Representative Jim Himes (D-CT) pushes back on optimistic claims about the economy, arguing that upbeat rhetoric amounts to political malpractice when consumer sentiment has fallen sharply. (Source: Bloomberg)
Treasury Secretary Scott Bessent says the Treasury is looking at President Donald Trump's proposal to give each American adult $5,000 if Republicans keep control of Congress after the November elections. He says President Trump's intent is very real. Bessent testifies before the ...
Treasury Secretary Scott Bessent said he’s supportive of a plan floated by President Donald Trump to send $5,000 checks to American adults if Republicans retain their majorities in Congress, downplaying concerns about the potential cost.
The United Arab Emirates is working with other countries on removal from their travel advisory lists just as hotel occupancies in Dubai rebound to their highest since the Iran war started.
DoubleLine Capital Deputy Chief Investment Officer Jeffrey Sherman says it's time for the Federal Reserve to "put up or shut up." With bond yields trading above 5%, he says "the best thing to do is bring a hike." Sherman speaks on "Bloomberg Open Interest." (Source: Bloomberg)
US Treasury Secretary Scott Bessent says the UAE has made forward-leaning moves against Iran-linked finance, including cutting off financial transactions and trade with Iran. He speaks during testimony before the House Financial Services Committee. (Source: Bloomberg)
Treasury Secretary Scott Bessent said he will meet this weekend with his Chinese counterpart, He Lifeng, ahead of a summit between President Donald Trump and Xi Jinping later this month.
Protesters repeatedly stood up and interrupted US Treasury Secretary Scott Bessent's testimony on Capitol Hill Tuesday. He is testifying about the state of the international financial system before the House Financial Services Committee. Police stepped in and took the protesters ...
Canadian Prime Minister Mark Carney says the government is expanding the scope of a major investment tax write-off to include oil and gas pipelines, mining property, and more. He made the announcement at an investment summit in Toronto. (Source: Bloomberg)
Chancellor Friedrich Merz said that Germany will support tough new measures against China’s “unfair” trade practices at a meeting of European Union leaders next month.
A Budapest museum on the crimes of Hungary’s communist and fascist regimes that critics say served as an ideological cudgel for the former government was temporarily shuttered and its director fired, Culture Minister Zoltan Tarr said.
Every year, a summer lull in the United Arab Emirates gives way to a September rush. Offices fill up, school buses ferry children through city streets once again, hotels prepare for tourists chasing winter sun while professionals swarm to conferences across the country.
The US and China are discussing slashing tariffs on certain goods, including on American energy and agricultural shipments — a potential sign the leaders’ summit next week will lead to an extension of the one-year trade truce.
A Brazil Supreme Court justice under scrutiny for alleged ties to the banker at the center of a fraud scandal said he is the target of an illegal and politically-driven probe weeks before the presidential election.
The end came quick for Indonesia’s finance minister.
Canada is putting some of its biggest ambitions on the table for global investors, including data centers, critical-mineral mines, high-speed rail and an Arctic trade corridor.
Reform UK is considering a legal challenge under the European Convention on Human Rights if the Labour government’s bid to retroactively cap overseas political donations is successful.
Chancellor of the Exchequer John Healey is working on measures to ensure UK pensioners who just exceed the threshold for paying income tax won’t have to do so, Prime Minister Andy Burnham’s spokesman said.