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The comments arrive hours before the two nations ink a phase-one deal in the first major trade war deescalation since it began in summer 2018.
Treasury Secretary Mnuchin says Boeing’s 737 Max disaster could erase half a point from GDP this year — and economists fear worse
The Trump administration official still expects GDP to grow 2.5% through the year, while economists surveyed by Bloomberg project a 1.8% gain.
Pompeo posts year-in-review Instagram photo with Soleimani, Baghdadi, his dog, and family just moments before announcing new sanctions against Iran
Secretary of State Mike Pompeo posted a year-in-review photo to Instagram, and it featured the Iranian general recently killed in a US drone strike.
US Treasury Secretary Mnuchin is reportedly open to relaxing bank regulations born from the 2008 financial crisis
Mnuchin's comments arrive just days after Senator Elizabeth Warren warned the Treasury Secretary not to ease the bank regulations.
Elizabeth Warren grilled Treasury Secretary Mnuchin about the billions the Fed has injected into the market — and warned him against easing bank...
Fed actions calmed the short-term lending rate after a recent scare, but Warren said firms' reliance on the central bank sets a dangerous precedent.
‘We can shut down the Turkish economy if we need to’: The Trump administration just threatened harsh new sanctions on Turkey
Treasury Steven Mnuchin doubled down on a threat Trump had issued earlier in the week to punish Turkey for its military campaign in Syria.
Traders also cheered reports that China has granted waivers for tariff-free soy purchases to several companies.
John Bolton's personality and hardline stances against US adversaries like Iran and the Taliban increasingly put him out of step with President Trump.
The US is seriously considering issuing ultra-long bonds of up to 100 years — but Wall Street might not have the appetite for them
One of the biggest risks of investing in ultra-long-term bonds is that demand can become very volatile as the economy fluctuates.
Bitcoin tumbles after US lawmakers take aim at Libra — ‘Facebook has burned down the house over and over’
Bitcoin plunged 16% after Sherrod Brown joined Donald Trump, Steven Mnuchin, Jerome Powell, and others in attacking Facebook's planned cryptocurrency.