News

Musk: NVIDIA's (NVDA.O) Vera Rubin chip platform, optimized for space, will reach considerable scale by 2028. The Vera Rubin NVL72 system will be launched into orbit in the fourth quarter of next year.

Canadian Prime Minister Carney: Canada will not accept the United States treating it as a vassal state.

Canadian Prime Minister Carney: Canada will only return to the negotiating table when the United States takes the right approach to Canadian industries.

The Federal Reserve accepted a total of $380 million from two counterparties in its fixed-rate reverse repurchase operations.

Saudi Aramco announced the signing of an agreement and memorandum of understanding with a French company, with a potential total value of over $3.7 billion.

U.S. Treasury Department: The United States has revoked the “Special Designation of Global Terrorists” designation of the Nusra Front (also known as the Liberation Front of Sham, HTS).

U.S. Treasury Secretary Bessenter: The UAE has been a very good partner and has withstood the main impact of the Iranian attacks.

Canadian Prime Minister Carney: Retaliatory tariffs will be very targeted.

U.S. Treasury Secretary Bessenter: We believe that issuing a warning and recalibrating is the appropriate action.

U.S. Treasury Secretary Bessenter: Do not underestimate the impact of secondary sanctions; they are a very powerful tool.

U.S. Treasury Secretary Bessenter: We have not yet purchased any bonds. The next action will be on September 9.

U.S. Treasury Department: The U.S. State Department on Monday revoked Syria's designation as a "state sponsor of terrorism".

US Treasury Secretary Bessant: A major financial institution will be sanctioned over the Iran issue before the end of this week.

U.S. Treasury Secretary Bessenter: U.S. President Trump hopes that Canada can sit down and negotiate in good faith.

U.S. Treasury Secretary Bessenter: The old policy of offering benefits to Iran in exchange for its restraint is no longer working.

US Treasury Secretary Bessant: Other countries are expected to take similar actions to isolate Iran.

U.S. Treasury Secretary Bessant: We will continue with our regular Treasury bond auction program.

U.S. Treasury Secretary Bessenter: We are communicating with each country to inform them of our expectations.

US Treasury Secretary Bessant: We will not set a specific timetable for severing ties with Iran; we do not have unlimited patience.

U.S. Treasury Secretary Bessenter: World leaders must make a decision; action on Iran will begin today.