A self-imposed Feb. 1 deadline by Donald Trump for a first round of tariffs on Canada, Mexico, and China looms in less than ...
The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a ...
President Donald Trump’s tariff plans are the great unknown in the global economy right now — and it’s partly because his ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he ...
Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...