Facing an increasingly aggressive Iran and a slumping bond market, the Trump administration is betting that Treasury Secretary Scott Bessent can use the financial weapons in the government’s arsenal to achieve victory on both fronts. The idea is to kill two birds with one stone: getting Iran to fully reopen the Strait of Hormuz would
For most of American history, financial adulthood arrived with a recognizable set of keys: the house keys, the car keys, the filing cabinet where you kept the insurance paperwork. The timing was fairly predictable—late 20s, early 30s at the outside. Then it took a while longer to get the keys. A new survey from fintech
Heading off to college is exciting, but it also involves new adult responsibilities. That makes it a great time to start getting comfortable with credit, building healthy spending habits and learning how to manage money. It’s important for all students to build a solid foundation in managing their finances, said Sara Wilson, director of product innovation at Student
Even in the age of AI-powered autonomous cyberattacks, the crude, tried and tested hacking techniques of tricking victims into doing things they shouldn’t are still producing great results. Groups of unknown hackers are targeting and breaking into large financial and investment firms in the United States with the goal of stealing sensitive data to extort
A judge has granted Donald Trump’s request to delay handing over financial records to the BBC as part of his $10bn (£7.4bn) lawsuit against the broadcaster. The US president is suing the BBC over an episode of Panorama that edited together two different sections of a speech he gave before the 2021 Capitol riots. The
Air India has appointed a new chief executive as the airline grapples with mounting challenges, including heavy financial losses and the fallout from last year’s crash that killed 260 people. Tewolde Gebremariam succeeds Campbell Wilson, who stepped down from the role in April. Gebremariam was earlier CEO at Ethiopian Airlines, where he worked for over