Tag: USA

Iran has suggested it could reopen the strategically vital Strait of Hormuz within seven days if the U.S. eases military pressure and lifts its blockade on Iranian ports, according to media reports.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded talks in New ​York on Sunday with the US side proposing a new AI safety notification mechanism for US President Donald Trump and Chinese President Xi Jinping to consider at their summit this ‌week.

China said President Xi Jinping will travel to the US to meet Donald Trump, a visit that comes with a one-year trade truce winding down.

U.S. President Donald Trump’s administration has approved the potential $24.3 billion sale of nearly 50 F-35 warplanes to Saudi Arabia.

The benchmark 10-year Treasury yield climbed to its highest levels in 19 years on Tuesday as oil prices surge from the Iran conflict and expectations grow that the Federal Reserve will raise interest rates on Wednesday. 

U.S. President Donald Trump has urged Ukrainian President Volodymyr Zelenskyy to stop targeting Russian oil refineries, saying the attacks are “hurting the world” as fuel supply disruptions from the Ukraine and Iran wars propel U.S. diesel prices to a record high.

Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that could be the deciding factor on whether the Federal Reserve raises interest rates next week.

U.S. wholesale prices rose in August, according to a report Thursday that could play a key role in the Federal Reserve’s upcoming interest rate decision.

President Donald Trump has promised every adult American citizen a $5,000 “dividend” if the Republicans are victorious in the upcoming midterm elections.

US Treasury secretary Scott Bessent has warned traders not to bet against the yen, saying that “I am the house now” following his recent intervention to support the Japanese currency.

The U.S. economy added jobs at a brisk pace in August, reversing a summer slowdown in hiring, while the unemployment rate held steady.

Some Chinese rare earth suppliers are declining to ship to the U.S. for fear of repercussions from Beijing, three sources said, ​underscoring how access to the materials remains an issue for the U.S. weeks before President Xi Jinping visits Washington.

The Federal Reserve’s cryptic chairman is set to deliver his much-awaited keynote address Friday in Jackson Hole, with markets trying to anticipate what, if anything, he will have to say on key matters affecting the economy and monetary policy.

Iran’s foreign ministry on Friday called on “all countries” not to implement U.S. sanctions against Tehran, warning that doing so would represent “complicity” in imposing the “illegal will” of the United States.

The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans.

The latest data on initial jobless claims in the United States has shown a decrease, with the actual number of claims coming in at 203,000.

Beijing has warned the US that it would retaliate against any significant expansion of the Trump administration’s new secondary sanctions relating to Iran that hit Chinese companies.

Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war.

The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior Treasury officials.

Countries that calculate appeasement of the regime to be a safer choice should reconsider