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Stocks fall as US bond yields climb, oil eases after latest Iran war headlines
U.S. stocks declined as bond yields rose to 19-year highs and oil prices eased amid ongoing U.S. talks with Iran to end the conflict, impacting market sentiment.
US debt load could undercut Warsh’s plan to shrink Fed balance sheet
Federal Reserve chief Kevin Warsh's plan to reduce the Fed's balance sheet faces challenges from rising U.S. debt and higher long-term interest rates.
Bessent, Powell warned bank CEOs about Anthropic model risks, sources say
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell warned bank CEOs about cybersecurity risks from Anthropic's Mythos AI model.
Trump seeks to delay meeting with China’s Xi by ‘a month or so’
U.S. President Donald Trump requests to delay his China trip by about a month due to the Iran war, affecting U.S.-China relations and foreign policy.
US Mint in Philadelphia presses final pennies as the 1-cent coin gets canceled
The U.S. Mint has stopped making pennies to save $56 million as production costs rise and the coin loses relevance in modern trade.
