Chinese President Xi Jinping landed at Joint Base Andrews and was greeted by President Trump ahead of a summit covering trade, AI and the Iran war, followed by a state dinner. Treasury Secretary Scott Bessent said the U.S. and China agreed to extend their trade truce to January 10, while a Chinese Commerce Ministry spokesperson said the two sides discussed lowering tariffs. Separately, Treasury yields hit multiyear highs and U.S. stock futures fell after a down session on Wall Street.
cnbc.com
· 2026-09-24
An Entrepreneur contributor writes that the modern CFO role increasingly stretches beyond accounting, treasury and financial planning into sales, product development, operations, technology, risk and strategy. Drawing on experience across construction and financial services CFO roles, the author says financial reporting, liquidity and controls should remain the foundation of the job rather than its outer limit. The piece calls for CFOs to embed themselves in commercial functions like sales pricing and incentive structures.
entrepreneur.com
· 2026-09-23
Bitcoin has surged to price levels not seen since January, extending a recent recovery across cryptocurrency markets after a difficult 2026. The rally follows months of subdued prices and comes alongside broader moves in interest rates and Treasury yields.
fastcompany.com
· 2026-09-21
President Trump used social media posts to reject growing concerns about AI expansion and data centers, dismissing them as a 'hoax' and 'scam' while crediting AI investment for America's tech lead. Separately, Microsoft released a draft code of conduct that would impose limits on future AI models, following calls from Anthropic and OpenAI for a slower pace of AI development. Meanwhile, Bank of America CEO Brian Moynihan warned that investment banking fees could drop more than 10% in the third quarter after a strong prior quarter.
cnbc.com
· 2026-09-15
An Entrepreneur contributor writing from experience scaling a regulated payments company argues that surpassing roughly 100,000 customers does not mark the end of hard problems but the start of new, more dangerous ones. Early shortcuts in engineering, treasury, compliance and onboarding that worked at small scale begin to buckle under volume, often without warning until systems are already strained.
entrepreneur.com
· 2026-09-11
CNBC's Investing Club reported that its portfolio stocks diverged sharply from a broader market pullback driven by rising oil prices and a 10-year Treasury yield near 4.9%. Salesforce surged 21.3% on strong earnings and an AI-optimistic outlook, while Meta Platforms gained 9.9%, even as the Dow, S&P 500 and Nasdaq all declined over the past month.
cnbc.com
· 2026-09-10
A closely watched investment portfolio cut positions in AI-linked names Palo Alto Networks and Corning last week after big run-ups, locking in gains of roughly 148% and 52% respectively. Proceeds were redirected into more defensive holdings such as BNY and Kimberly-Clark, as rising oil prices and Treasury yields pressured risk appetite even after Nvidia's strong earnings failed to lift the broader AI trade.
cnbc.com
· 2026-09-05
Strategy, the company led by Michael Saylor that holds large bitcoin reserves on its balance sheet, has recovered financially after facing warnings this summer that it was heading toward a crisis. Analysts had raised concerns about a potential downward spiral tied to its bitcoin-heavy strategy, but the company has since returned to positive territory.
gizmodo.com
· 2026-09-01
Treasury Secretary Scott Bessent opened G20 finance minister talks in Asheville, North Carolina, seeking backing for new sanctions on Iran, including targeting another bank as part of an effort he calls 'Operation Economic Outcast.' The meeting unfolds against a backdrop of renewed U.S.-Iran hostilities and strained trade relations with allies like Canada following tariff escalations.
fastcompany.com
· 2026-08-31
Bitcoin's price climbed this week alongside growing attention to U.S. Treasury debt buyback programs and an expansion of American sanctions policy. Investors appear to be reacting to signs of strain within the dollar-based financial system, pushing more capital toward crypto as a hedge.
gizmodo.com
· 2026-08-27
Dick's Sporting Goods shares dropped 15% pre-market after the retailer missed second-quarter earnings expectations and cut its full-year outlook for Foot Locker, whose comparable sales fell 3.6%. Meanwhile, Nvidia announced its Groq 3 LPX rack is entering full production later this year, the first commercial payoff from its $20 billion Groq acquisition, even as its stock posted a seventh straight day of losses ahead of Wednesday's earnings report.
cnbc.com
· 2026-08-25
The Trump administration's Treasury Secretary Scott Bessent moved to boost bond purchases last week, hoping to push yields down and ease the government's debt-servicing burden. Yields dipped briefly but climbed back to pre-intervention levels by Friday, with the 30-year bond trading near multi-decade highs. Trump has responded by attacking the Federal Reserve and even threatening Switzerland over its lower rates.
theguardian.com
· 2026-08-24
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