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Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
The White House on Tuesday said the UAE had not requested a currency swap line.
Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hopes.
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NYC property tax controversy: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ to discuss the latest attempt in New York to boost tax revenue.
Trump extends Iran ceasefire — but market focus has already drifted elsewhere
Prospects for further negotiations remain uncertain, with Tehran and Washington offering conflicting signals on the ceasefire’s status.
Moncler shares struggle despite defying luxury’s Middle East slump
Moncler earnings ‘smashes’ expectations following a series of underwhelming reports from European luxury players last week.
Stocks making the biggest moves after hours: Adobe, United Airlines, Capital One and more
See which stocks are posting big moves after the bell.
White House discussing currency swap line with United Arab Emirates
Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration amid higher prices at home.