Is the economy K-shaped or C-shaped? Finance pros weigh in
The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead —…
S&P 500, Nasdaq slip as Iran tensions test markets in high-stakes week
By Purvi Agarwal and Niket Nishant Aug 24 (Reuters) – The S&P 500 and the tech-heavy Nasdaq slipped…
CNBC Daily Open: Watching Iran’s economy; a losing game for bonds
Treasury Secretary Scott Bessent speaking to CNBC on May 14th, 2026 from Beijing, China. CNBC Hello, this is…
Bessent uses moves from his hedge fund days to prop up Japan’s yen—and America’s national debt
Scott Bessent was in his early thirties, working at Soros Fund Management, when the Asian financial crisis tore…
China threatens retaliation against U.S. humanoid robot ban, says it ‘severely damages’ relations
A humanoid robot from Robostore joins CNBC’s Power Lunch on Dec. 30, 2025. CNBC BEIJING — The U.S.…
Bessent says U.S. could sanction China over AI model ‘theft’
U.S. Treasury Secretary Scott Bessent during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library…
Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year
Treasury Secretary Scott Bessent expressed confidence Wednesday that the U.S. economy can get back on the path to…
Scott Bessent clearly shaken after getting confronted on Trump’s ‘A+++’ economy as Americans struggle
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Treasury Secretary…
Social Security faces a 24% cut in 2032—that’s a $345 billion hit to retirees nationwide
Social Security is barreling toward a 24% across-the-board benefit cut in 2032 that would slash roughly $500 a…
Trump tariff fight returns in force but using new maneuvers
WASHINGTON (AP) — President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court…
Bank of Japan squeezed by Takaichi, Trump and Iran war inflation
Speaking on Wednesday (May 27), Bank of Japan Governor Kazuo Ueda cautioned that central banks must prevent this…
CNBC’s The China Connection newsletter: Tariffs eased. Trust didn’t.
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection…