President Donald Trump is hailing the friendship he’s forged with Xi Jinping during the Chinese leader's highly anticipated state visit.
Presidents Donald Trump and Xi Jinping met on Thursday for important talks on the U.S.-China relationship.
California Gov. Gavin Newsom has met with world and business leaders to advance climate action and clean energy in New York.
U.S. President Donald Trump is hosting Chinese leader Xi Jinping in Washington this week as economic and tech competition escalates between the two countries.
Wall Street climbed to the edge of its all-time high, and stocks rallied worldwide after oil prices and yields in the bond market surrendered their market-rattling gains from last week.
As concern rises over the risks of artificial intelligence, hopes for any kind of global approach on safety depend on cooperation between the U.S. and China.
The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
Donald Trump’s pitch to send Americans $5,000 checks should Republicans prevail in the November midterms is drawing scorn from some members of Congress — the very people who have constitutional authority over federal spending.
China has dismissed U.S. claims that Chinese artificial intelligence developers extract capabilities from frontier American AI systems.
The Trump administration has imposed sanctions on additional elements of Iran’s aviation industry.
Republicans will descend on Dallas this week for a two-day convention dreamed up by President Donald Trump to rally his party ahead of this year’s midterm elections.
President Donald Trump may try to channel the role of cowboy as he heads to the first-ever off-year Republican convention in Dallas beginning Wednesday.
President Donald Trump has been promising an economic boom, but Friday's positive jobs report left him frustrated.
The U.S. Treasury has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.
Vice President JD Vance says he wouldn't call the U.S. conflict with Iran a "war," despite recent escalations.
Confronted by an intransigent Iranian government that has refused to back down in the face of a massive military campaign, President Donald Trump appears to have settled on a dual-prong approach.
The Trump administration is proposing a rule that would strip private schools and colleges of their tax-exempt status if they provide targeted help to students based on their race.
Oil giant Chevron is expanding its operations in Venezuela as some details emerge about President Donald Trump's separate deal for a U.S.-controlled joint venture to develop more of the nation's proven reserves.
Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle.
Treasury Secretary Scott Bessent says 19 of the members of the G20 agreed to address streams of “cheap exports” that cause global economic imbalances, but China dissented.
U.S. Treasury Secretary Scott Bessent wants to rally the world's largest economies this week at a summit in Asheville, North Carolina.
The U.S. Treasury Department is preventing certain journalists from covering a finance meeting among the world’s most powerful countries.
Treasury Secretary Scott Bessent says the Trump administration plans to impose sanctions on another bank this week in effort to clamp down on Iran transactions.
Federal Reserve Chair Kevin Warsh provided his most detailed insights yet on how he views the central bank's fight against inflation in a high-profile speech an at annual economic conference in Jackson Hole Friday.
The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership.
Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook.
President Donald Trump marks an awkward moment in his second White House term as the U.S.-Israel conflict with Iran reaches the six-month mark.
Iran's economy is poised for more instability as the Trump administration tries to coerce other countries into ending all financial dealings with the Islamic Republic.
New Federal Reserve chair Kevin Warsh has brought sharp change in how the central bank communicates by saying much less than his predecessors about the economy and inflation.
Long lines have formed outside gas stations in Iran's capital as people rush to fill their tanks amid fuel shortages, fears of higher prices and new U.S. sanctions.
Iran and Oman say their top diplomats have met to discuss a phased approach to managing ship traffic through the Strait of Hormuz.
President Donald Trump is moving toward imposing a new tariff on China to penalize Beijing for flooding the global market with underpriced goods.
The Supreme Court has cleared the way for President Donald Trump to move ahead with his executive order restricting mail-in voting, though it remains unclear how much his administration can implement before the fast-approaching midterm elections.
The head of Iran’s top security body says Tehran will see any country’s support for new U_S_ economic measures against the Islamic Republic as an “act of war."
Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington.
President Donald Trump is in South Carolina making a last-minute appeal for Sen. Darline Graham.
Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs.
The relief that swept the bond market just a day earlier disappeared as oil prices, worries about high inflation and the U.S. government’s debt kept rising.
Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders.
The United Arab Emirates has suspended all trade with Iran after it said it had come under renewed fire from the country.
A Massachusetts woman who told police that she brought homemade firebombs to the U.S. Capitol to kill Treasury Secretary Scott Bessent has been sentenced to just over six years in prison.
The number of people worth more than $100 million whom President Donald Trump has appointed to his administration is more than four times the combined total of the three previous presidents.
The Kennedy Center will move forward with a two-year closure of the performing arts venue to allow for substantial renovations.
Secretary of State Marco Rubio and Treasury Secretary Scott Bessent flew out of last month’s NATO summit in Turkey on what was effectively a decoy plane, while President Donald Trump was secreted onto another plane following an Iranian threat.
President Donald Trump likes to say he started his war with Iran after 50 years of economic pressure failed to stop its nuclear weapons ambitions.
Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher.
Iran and the Gulf Arab state of Oman have made progress toward a deal to reopen the Strait of Hormuz, a potential breakthrough that could help wind down the war in the Middle East.
President Donald Trump has for months pressured the Federal Reserve to slash interest rates, claiming it would be “Rocket Fuel!”.
Secretary of State Marco Rubio has convened leaders from over 60 countries to take part in the Trump administration’s latest effort to quell what it calls “left-wing” political terrorism.
The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth.
The U.S. Mint has started producing a new $1 coin featuring President Donald Trump to help celebrate America’s 250th birthday.
South Carolina Gov. Henry McMaster has named Darline Graham as her late brother Lindsey Graham’s temporary replacement in the U.S. Senate.
President Donald Trump has rung the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office.
A federal filing shows President Donald Trump took in nearly $1.2 billion from his crypto businesses last year, locking in profits while his investors were socked with losses.
The U.S. Treasury has announced sanctions and a new bank alert targeting the Jalisco New Generation Cartel, Mexico’s most powerful criminal group.
Canadian Prime Minister Mark Carney says countries must learn the lesson of diversification after AI giant Anthropic said it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals.
After complaints about staffing cuts and long waits to get help at the Social Security Administration, its commissioner says things are getting a lot better.
Treasury Secretary Scott Bessent is refusing to say whether President Donald Trump and his family will still receive immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund.
Dr. Mehmet Oz, head of the Centers for Medicare & Medicaid Services, has taken a turn in the White House briefing room.
The world is getting more uptight about lending money to President Donald Trump’s government.
A judge has ruled that President Donald Trump’s name was illegally added to the Kennedy Center and blocked the administration from closing it for major renovations.
U.S. Treasury Secretary Scott Bessent confirms his agency has a design for a $250 bill featuring President Donald Trump.
A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances.
U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start talks on Iran’s nuclear program.
The Trump administration has placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country’s newly created agency that is trying to control shipping through the Strait of Hormuz.
President Donald Trump has overseen the White House swearing-in of the new Federal Reserve chair.
Israel says it has released and deported hundreds of activists who took part in a flotilla attempting to breach Israel's naval blockade of Gaza.
Israel’s national security minister has drawn a sharp rebuke from his boss and triggered a backlash abroad after he released videos taunting detained activists from a flotilla that tried to reach Gaza.
Prime Minister Keir Starmer insists that Britain’s support for Ukraine remains strong, despite the U.K. delaying some new sanctions on Russian oil.
Recent presidents have stayed away from trading stocks in companies whose fortunes they could lift or scuttle with the stroke of a pen.
Treasury Secretary Scott Bessent says the U.S. will give a 30-day extension for countries to import Russian oil already in tankers at sea.
China’s Xi Jinping has warned President Donald Trump that their two countries could clash over Taiwan if the issue is not handled properly.
U.S. President Donald Trump has arrived in Beijing for his highly anticipated summit with Chinese leader Xi Jinping at a restless moment for a world worried about war, trade and artificial intelligence.
President Donald Trump is downplaying differences with President Xi Jinping over the U.S. conflict in Iran as he heads to Beijing for a high-stakes summit with the Chinese leader.
White House officials are renewing calls on China to use its influence with Iran to open the Strait of Hormuz.
