Business News

The U.S. Treasury is considering tapping its massive General Account to help fund an expanded program of government bond purchases, according to two senior Treasury officials. Treasury Secretary Scott Bessent has built the TGA up to approximately $950 billion, far exceeding the $550 to $600 billion target maintained under the Biden administration. The TGA functions…

Investors are bracing for one of the most consequential weeks of 2026, with two major events threatening to reshape sentiment across financial markets. Nvidia (NVDA) is scheduled to report quarterly earnings midweek, and the results are expected to send ripples well beyond the semiconductor sector alone. Options markets are already pricing in a move of…

The Canadian dollar dropped sharply Monday after trade negotiations between Ottawa and Washington collapsed, triggering a full-scale tariff dispute between the two neighbors. The U.S. imposed 50% tariffs on roughly $20 billion worth of Canadian imports on Saturday, targeting dairy, wine, wood products, ceramics, and several other categories of goods. Canada is the second-largest trading…

Samsung Electronics (SSNLF) posted its worst single-day performance in three weeks, falling more than 13% in Seoul trading amid a broad unwinding of leveraged AI-related investments. The steep decline was part of a wider rout across Asian memory and semiconductor stocks, dragging down nearly every major name in the sector. SK Hynix (HXSCL), South Korea’s…

Singapore’s headline inflation climbed to 2.2% year on year in July, its highest level in nearly two years, though still missing economist expectations. A Reuters poll of economists had projected headline inflation to reach 2.3%, while June had recorded a more modest 1.9% rise in consumer prices. The consumer price index slipped 0.2% on a…

The relationship between the United States and Canada has grown increasingly strained, with trade war fears sending stock futures lower across major markets. Investors reacted with caution as the two neighboring economies appeared to be moving closer toward an all-out trade conflict, rattling market confidence. Futures tied to major U.S. indexes declined as traders weighed…

The decade of one’s seventies is increasingly being recognized by financial planners as a pivotal period that can either secure or strain long-term retirement wealth. For many Americans, reaching 70 marks a critical inflection point where key financial decisions around Social Security, Medicare, and tax strategy converge simultaneously. Social Security timing remains one of the…

Nvidia (NVDA) has become the single most closely watched company in the world, with its quarterly results now functioning as a referendum on the entire artificial intelligence boom. The chipmaker is heading into its next earnings report carrying $91 billion in revenue guidance, a figure that represents nearly double what it posted in the same…

The U.S. Treasury’s decision to double its buyback of long-dated bonds has failed to deliver the lasting relief markets were hoping for. Treasury Secretary Scott Bessent announced the doubling of bond buybacks from $2 billion to $4 billion, briefly sending yields lower as investors welcomed the move. The initial optimism faded quickly, with yields on…