The dollar is heading for its biggest weekly loss in three months as investors start to rethink the so-called Trump trade ...
Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...
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 ...
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 ...
The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...
President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, roiling markets with his first specific threats to the US’s top trading partners since his election win three weeks ...
Trump said in a post on Truth Social that on his first day in office he would impose a 25% tariff on all products from Mexico ...