The dollar is heading for its biggest weekly loss in three months as investors start to rethink the so-called Trump trade ...
Global stock markets rallied on Friday, with Wall Street crowning November with its biggest monthly gain in a year on ...
Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...
Testing the durability of the drop in borrowing rates may need the new month to get underway next week, with U.S. stock and ...
Analysts predict that new US tariffs, potentially reaching 60% on Chinese imports, could drive the yuan to its weakest level ...
President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago ...
The president-elect’s market-friendly appointments to Treasury and other agencies brought relief to investors. The trade ...
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China ...
Stocks wavered Tuesday as investors digested Trump's latest tariff plans, which he said would include a 25% tariff on imports ...
HSBC continues to favor Wall Street stocks because of "U.S. exceptionalism, solid activity, and the re-emergence of the Fed put," whereas they feel it's hard to go overweight European stocks because ...