U.S. Treasury Secretary Scott Bessent said talks with Chinese Vice Premier He Lifeng in New York produced agreement to establish a "U.S.-China AI dialogue" with a notification mechanism and a shared v…
U.S. Treasury Secretary Scott Bessent plans to discuss artificial intelligence, trade, rare earths and economic issues with Chinese Vice Premier He Lifeng in New York City this weekend, according to a…
U.S. Treasury Secretary Scott Bessent said Wednesday that Washington is open to discussing shared artificial intelligence risks with Beijing during talks with Chinese Vice Premier He Lifeng scheduled …
Treasury Secretary Scott Bessent warned that losing the AI race to China could compromise U.S. national security beyond what the defense budget can protect, underscoring the high stakes of the U.S.–Ch…
U.S. Treasury Secretary Scott Bessent urged Group of 20 finance leaders on Monday to prioritize economic growth as the primary remedy for record global debt levels of nearly $353 trillion, saying 'the…
XRP is up 50% from its August 17 cycle low of $0.9877 to about $1.51, adding over $30 billion to its market cap, after the U.S. Treasury announced it would raise long-term bond buybacks to at least $4…
The U.S. national debt crossed $40 trillion on Tuesday, after growing by $3 trillion in the past year, with the Treasury needing to refinance $9.7 trillion in debt this fiscal year while covering a pr…
The United Arab Emirates announced on August 19, 2026, a halt to all trade and financial dealings with Iran, a move reported by the UAE Ministry of Foreign Affairs and the Associated Press. Separately…
CNBC's Morning Squawk reports that the U.S. Treasury announced a debt buyback program, Walmart released its quarterly earnings, and Boise, Idaho, is experiencing an AI boom, among other key investor u…
U.S. Treasury yields eased after a below-forecast industrial production report, but the 20-year bond auction and Fed minutes loom, with analysts attributing the recent rise to a decade-high term premi…
Bloomberg reports that AI-driven borrowing by major tech companies is pushing U.S. Treasury yields above 5%, with the 30-year Treasury yield surpassing 5% for the first time in over a decade. The incr…
Brent crude traded near $90 a barrel on Tuesday after rising 5% yesterday, as U.S. and Iranian positions on a Strait of Hormuz deal remained entrenched, adding to inflation worries and pushing the 30-…
South Korean cybersecurity firm Genians reported that North Korean hacking group Kimsuky has built AI tools, including large language model software such as Ollama, GPT4All, and Msty, to automate cybe…
Databricks released OfficeQA Pro V2, a benchmark with 90 questions grounded in about 120,000 pages of U.S. Treasury data, finding that out-of-the-box frontier agents averaged 37.5% accuracy, while age…
U.S. Treasury Secretary Scott Bessent threatened sanctions on Chinese AI labs over alleged intellectual property theft, saying the U.S. has the ability to sanction overseas models that steal from Amer…
The United States and China are planning to hold talks over artificial intelligence in September, five sources familiar with the matter told Reuters, as the superpowers confront how to regulate the ri…
TrustEvals and Accorian launched a Governance, Risk, and Compliance framework for enterprise AI deployments in financial services on June 27, 2026, addressing 'control drift' where AI systems change b…