Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
TASS Russian News Agency13h
Bloomberg links strengthening of anti-Russian sanctions to Treasury Secretary’s position
This refers to License 8L of the US Treasury that authorized transactions of such kind by March 12 of this year ...
Here's Where to Look for Early Signs of a Recession; How Wall Street and Business Got Trump Wrong
Major economic data hasn't yet begun to fully capture Trump's time in office. The Wall Street Journal is looking at a host of other indicators to try to figure out whether the U.S. might skirt a ...
Senate Democrats refuse to go along with GOP spending plan, as shutdown deadline nears
WASHINGTON (AP) — A day before a shutdown deadline, Senate Democrats are mounting a last-ditch protest over a Republican-led ...
S&P 500 Dips Closer to Correction Territory
The White House’s tariff threats have sent the S&P 500 spiraling near correction territory, but Treasury Secretary Scott ...
Treasury secretary dismisses market volatility amid Trump economic moves
Treasury Secretary Scott Bessent said market volatility doesn't matter much as the Trump administration focuses on long-term ...
Treasury Secretary tells stock investors to focus on the long term
Treasury Secretary Scott Bessent on Thursday tried to calm investors worried that the administration would tip the economy into recession. In an interview on CNBC, Bessent said he wasn't worried about ...
U.S. officials act to block illicit Iranian oil trade with China
Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...
Dallas Weekly1d
Stocks’ sell-off worsens as Wall Street wonders how much pain the 47th president will accept for the economy
Wall Street tumbles as Trump's tariffs raise uncertainty, causing a sell-off in stocks and crypto. Economic growth fears mount.
KRDO1d
Dow slides and S&P enters correction territory as Trump’s trade war escalates
New York (CNN) — US stocks slid Thursday and the S&P 500 entered correction territory, down 10% from its record high in February, as President Donald Trump threatened new tariffs on the European Union ...