treasury department

US stock markets crash as recession odds jump to 74% on weak GDP numbers

US markets collapsed on Wednesday after fresh economic numbers showed… More…

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The Federal Reserve is a lot like Trump – clueless, reckless, and blind to the damage it creates

The Federal Reserve has morphed into the country’s most dangerous… More…

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US Treasury quadruples borrowing estimate to $514B as debt ceiling standoff drags on

The Treasury Department on Monday said it will need to borrow $514 … More…

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China’s president Xi Jinping says Trump lied about them having a phone call

China’s government flat-out said on Monday that President Xi Jinping… More…

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How Trump’s ‘America First’ could undermine U.S. leadership and put it behind

Trump’s “America First” ideology appears to be backfiring… More…

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Scott Bessent sees good progress with Japan and South Korea in trade negotiations

US Treasury Secretary Scott Bessent said early talks with Japan and… More…

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Dollar poised for first weekly gain since March amid easing U.S.-China tensions

The dollar is headed for its first weekly gain since mid-March on April… More…

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The art of the cave: Trump fought the bond market, and the markets won

Saifedean Ammous, author of The Bitcoin Standard, has criticized… More…

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Switzerland asserts economic strength ahead of U.S. tariff talks

Switzerland’s top officials are expected to determine whether big… More…

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A recession wouldn’t hit US banks all that hard now

US banks are walking into a potential recession with stronger balance… More…

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