Finance
Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing...
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Nuclear reactor company X-energy shares surge 26% as AI drives interest in its IPO
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest...
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Traders are betting on big moves in Intel on earnings
Intel headquarters in Santa Clara, California, on Jan. 22, 2026.Justin Sullivan | Getty ImagesSemiconductor stocks are powering the U.S. equity...
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NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in...
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JPMorgan expands $1.5 trillion economic security splurge into Europe
JPMorgan Chase will extend a $1.5 trillion investment program designed to bolster U.S. economic resilience across Europe, the Wall Street...
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Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General...
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Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Kevin Warsh, former member of the Federal Reserve Board of Governors.Courtesy: Hoover InstitutionFederal Reserve chair nominee Kevin Warsh travels to...
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Trump administration discussing currency swap line with United Arab Emirates
The White House has discussed offering a financial lifeline to the United Arab Emirates as the U.S. war with Iran...
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Volkswagen announces voice AI in its Chinese cars from later this year
Volkswagen shows off a prototype of its ID.Aura T6 in Beijing, China, in April 2026.Picture Alliance | Picture Alliance |...
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Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund...
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