Business
China Risks Strained Ties After Dissent From G20 Statement, Bessent Says
China was the lone G20 dissenter to a joint warning against 'cheap exports', Treasury Secretary Scott Bessent said.
10-Year Treasury Yield Hits 4.788%, Raising Borrowing Costs Nationwide
The 10-year Treasury yield rose to 4.788%, the highest since Jan. 14, 2025, as Middle East tensions and stronger oil prices rekindled inflation fears.
Bailey Warns G20 That AI Could Trigger Global Market Downturn
Bank of England governor Andrew Bailey told G20 finance ministers AI-driven market concentration and cyber threats could spark a global downturn.