Scott Bessent
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Business
U.S. and Japan Launch Joint Currency Interventions to Prop Up Yen
WASHINGTON/TOKYO — U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Satsuki Katayama have initiated coordinated foreign exchange operations to…
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Crypto
Wrench Attacks Surge to $124M as Blockchain Transparency Triggers Safety Crisis
Physical extortion targeting cryptocurrency holders escalated sharply in early 2026, with total losses from physical “wrench attacks” jumping nearly 12-fold…
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Business
U.S. Joins Japan in Rare Yen Rescue, But Unconventional Euro-Selling Tactic Triggers Market Doubts
Washington has joined forces with Tokyo in a rare joint currency intervention to bolster the slumping Japanese yen after it…
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Business
US Treasury Prepares Quarterly Debt Strategy as Wall Street Debates Refunding Plans
The U.S. Department of the Treasury faces a pivotal policy decision this week as officials prepare to unveil their quarterly…
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Business
Yen Volatility Persists as US and Japan Execute First Joint Market Intervention in 15 Years
The Japanese yen experienced another round of sharp fluctuations on Monday, surging as much as 1.4% against the US dollar…
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Business
US and Japan Launch Joint Intervention to Rescue Yen From Decades-Low Slump
A rare display of official coordination between Washington and Tokyo has triggered a sharp rebound in the Japanese yen, reshaping…
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Business
Federal Regulators Propose Major Overhaul of Community Reinvestment Act Rules
U.S. banking regulators have unveiled a comprehensive proposal to reform Community Reinvestment Act compliance, seeking to lighten administrative burdens on…
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Business
US Warns China on AI Theft and Rare Earths as Second-Quarter GDP Slows to 1.5%
The U.S. government is confronting dual economic challenges as second-quarter national output slowed to an annualized rate of 1.5 percent…
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Crypto
US Sanctions Iranian Entities Using Bitcoin Schemes to Charge Ships in Strait of Hormuz
The United States has moved to dismantle an Iranian state-backed maritime network that forced commercial ships to pay cryptocurrency fees…
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Business
U.S. Treasury Yields Surge to 2007 Highs as Fed Holds Rates and Abandons Explicit Guidance
Long-dated U.S. Treasury yields reached multi-year highs following the Federal Reserve‘s decision to keep benchmark interest rates unchanged, as investors…
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