U.S. Stocks Up as Treasury Buybacks Calm Bond Yields; Moderna Surges

U.S. stocks rose after the government said it would buy back more longer-dated bonds, easing pressure on a market that had pushed borrowing costs to their highest levels in nearly two decades.

Trump's Plan to Squeeze Iran's Economy Will Live or Die in Dubai

The United Arab Emirates, long Tehran's gateway to global commerce and finance, has pledged to crack down. But it's complicated.

Bessent Leans Into His Role as America's Bond Trader in Chief