Executives and directors at Treasury Wine Estates have invested over AU$290 million in company stock over the past year, signaling strong internal confidence despite a lower current share price. The buying spree, led by Chairman Olivier C. Goudet, comes as the global wine giant navigates market shifts.
Bitcoin prices fell sharply after Treasury Secretary Scott Bessent clarified the U.S. government lacks authority to direct bank rescues for cryptocurrency firms, amplifying existing market pressures and bearish sentiment.
Treasury Secretary Scott Bessent testifies before Congress on the Financial Stability Oversight Council's annual assessment, as the administration navigates economic headwinds and political pressure over trade and inflation policies.
Treasury Secretary Scott Bessent heads to Capitol Hill this week for testimony, with lawmakers poised to question him for the first time since the Justice Department launched an investigation into Federal Reserve Chair Jerome Powell. The hearings are expected to focus on economic performance and regulatory policy, even as the shadow of the probe hangs over proceedings.
Amidst significant paper losses on its crypto holdings, Bitmine Immersion Technologies is aggressively expanding its Ethereum treasury and preparing to launch a major U.S.-based staking network, MAVAN, signaling a strategic pivot towards infrastructure-driven revenue.
A recent SEC filing reveals a major purchase of the Vanguard 0-3 Month Treasury Bill ETF, signaling a strategic move for liquidity and yield in a volatile market.
A new Treasury Department assessment paints a picture of an economy entering the new year with sustained momentum, driven by business investment and consumer spending, while key inflation metrics show continued moderation.
A major advisory firm's complete exit from a short-term Treasury ETF is sparking debate on whether institutional investors are moving idle cash into higher-growth opportunities.
The stablecoin issuer finished 2025 with over $10 billion in net profit, backed by a $17.4 billion gold reserve and a U.S. Treasury portfolio that rivals major nations, as demand for its USDT token continues to surge globally.
A surreal exchange on Capitol Hill saw lawmakers question the possibility of a federal Bitcoin bailout, with Treasury officials firmly rejecting the idea and underscoring the asset's detachment from traditional government safeguards.
Infineon Technologies AG is ramping up capital expenditure, earmarking an additional €500 million to boost semiconductor production for AI data centers, EVs, and industrial tech. While this sharpens its AI narrative, the move also concentrates execution risks and raises questions about valuation amid modest near-term profitability.
A routine congressional hearing on financial oversight descended into a series of heated, personal clashes Wednesday as Treasury Secretary Scott Bessent traded barbs with Democratic lawmakers, marking a stark departure from the typically staid nature of such testimonies.
A major international study warns that economic models used by governments and investors are dangerously underestimating climate risks, potentially setting the stage for a systemic financial crisis as global temperatures rise.
Amidst broader market uncertainty, investors are scouring the UK's small-cap sector for potential gems. We examine three companies—Creo Medical, Provexis, and LSL Property Services—each with a market cap below £300 million, assessing their unique opportunities and significant risks.
Oaktree Specialty Lending (OCSL) reported stable earnings for its fiscal first quarter, with adjusted net investment income rising to $0.41 per share. Management highlighted disciplined capital deployment, a focus on reducing non-accruals, and detailed the firm's evolving approach to underwriting software and AI-related risks in a bifurcated market.
Evernorth Holdings is set to debut on Nasdaq, locking 388 million XRP tokens into a public treasury. The move, backed by over $1 billion in capital, aims to give traditional stock investors regulated exposure to the digital asset, following a blueprint pioneered by MicroStrategy with Bitcoin.
Treasury Secretary Scott Bessent faced pointed questioning on Capitol Hill, first over the theoretical possibility of a federal Bitcoin bailout and then in a heated exchange about a Trump family crypto venture’s regulatory approval.
As stablecoin capitalization surges past $300 billion, a new Moody's report warns that structural vulnerabilities, including opaque reserves and weak governance, could undermine the perceived stability of these digital assets and pose systemic risks.
A heated congressional hearing saw Rep. Maxine Waters revive her ‘reclaiming my time’ mantra, culminating in a sharp demand for the chair to silence Treasury Secretary Scott Bessent. The exchange underscores the deep political divide over the causes of inflation and housing affordability ahead of the midterms.
In a congressional hearing, Treasury Secretary Scott Bessent retracted his earlier warning that tariffs are inflationary, citing current economic growth and moderating price pressures despite a year of trade measures.
