At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap Exports
Treasury Secretary Scott Bessent accused China for flooding the world with its cheap exports.
New York Times
At G20 Summit, Scott Bessent Says U.S. Has Support for Economic War Against Iran
The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.
U.A.E. To Review Banque Misr, Targeted by Iran Sanctions
The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
Smaller Revision Points to More Accurate Jobs Numbers
The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
Companies Can Tell Investors Less Under Proposed S.E.C. Rules
Fewer audit and disclosure requirements could reduce costs, but experts say they could also help disguise fraud or financial stress.
Clashes Cloud Shawn Fain’s Re-election Bid at U.A.W.
A federal investigation and conflict over Israel are preoccupying the United Auto Workers president ahead of a vote that would give him a second term.
Trump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’
Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.
PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
Trump Threatens New 50% Tariffs on Cars, Trucks and Steel as U.S.-Canada Trade War Unfolds
President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
Which Countries Could Be Hurt Most by Trump’s Plan to Hit Iran’s Economy?
President Trump has threatened economic penalties on countries that do business with Iran as he seeks to add pressure on Tehran to negotiate an end to the war.
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