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The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening
Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…
Kelly Cloonan
Bitcoin will surge 117% by year-end if 'crypto president' Trump wins the election, Standard Chartered says
Bitcoin will hit $125,000 by the end of 2024 if Trump wins, and a more moderate but still-record $7…
Filip De Mott
A German state refuses to buy Treasurys because the US doesn't meet its ESG standards
The German state of Baden-Württemberg passed a sustainable-investing law earlier this year that aff…
Jason Ma
Treasury Secretary Janet Yellen tries to calm markets amid historic US bond collapse
"I haven't seen any evidence of dysfunction in connection with the increase in interest rates," Yel…
Aruni Soni
Moody's just reignited concerns about the US debt mountain. Here's what that means for the troubled Treasury-bond market.
The ratings agency's announcement Friday comes during a period of Treasury-market turmoil, with yie…
George Glover
Jerome Powell says Fed will let bond market volatility 'play out' amid historic Treasury collapse
The central bank will be watching the impact of the bond market, as rising yields have already cons…
Filip De Mott
A top US Treasury official lays out 4 reasons why the dollar will remain the global reserve currency
Deputy US Treasury Secretary Wally Adeyemo said Russia has been trying, and failing, to reduce its …
Harry Robertson
Treasury yields highest since 2007 after US debt hits a record $33 trillion
The Treasury Department cited tax cuts, coronavirus stimulus packages and lower tax revenues as con…
Joseph Wilkins
Bitcoin is on track to hit $100,000 by the end of 2024 as 'crypto spring' has begun, Standard Chartered says
The increased likelihood of US spot ETFs for crypto means bitcoin could even reach $100,000 before …
Filip De Mott
Bidenomics could make inflation worse, former US Treasury Secretary Larry Summers says
"We do not have a problem of a shortfall of jobs … We do have a problem with costs."
Jennifer Sor
Treasury bond auctions may eventually fail because investors will see federal deficits as too unsustainable, Columbia finance professor warns
Concern about the deficit could reach a point where investors won't buy US debt. "At that point you…
Aruni Soni
Washington is fueling a 'war on business' as it cracks down on mergers and acquisitions, former Treasury Secretary Larry Summers says
"These guidelines — by moving away from an emphasis on lower prices for consumers to broader abstra…
Zahra Tayeb
SBI raises $600 million from overseas bond sale
"The transaction was well received and saw strong interest from investors across geographies…
India dropped from currency monitoring list as treasury secretary Janet Yellen seeks closer US-India economic ties
The US has removed India from its currency manipulation monitoring list and made the announcement w…
Ether could jump 400% in a few years before staging a longer-term rally to $35,000, Standard Chartered says
The second largest cryptocurrency will climb to $8,000 by the end of 2026, given improving blockcha…
Filip De Mott
Here are 3 'creative' options the Treasury has if lawmakers can't reach a deal to raise the debt ceiling
"Clearly there are no good choices for the Treasury. Even if feasible, these creative suggestions m…
Carla Mozée
Bitcoin could jump nearly 70% if the US defaults on its debt, Standard Chartered analyst says
"So actually, the optimal trade would probably be long bitcoin, short ethereum," Standard Chartered…
Filip De Mott
Treasury Secretary Janet Yellen said the SVB collapse is 'very different' from the 2008 crisis and that the financial system is 'significantly stronger than it was 15 years ago'
The ghost of 2008's past has been haunting the SVB collapse, but Janet Yellen says it's not the sam…
Juliana Kaplan,Ayelet Sheffey
Russia's war on Ukraine will keep hurting its economy for years to come, Treasury Secretary Janet Yellen says
Western sanctions will "create a drag on Russia's growth prospects for years to come," Yellen said.
George Glover
Goldman Sachs-backed crypto payments group Circle aims to become a full-reserve national digital bank
Digital payments company Circle plans to become a full-reserve national commercial bank, according …