Scott Bessent has been confirmed as US Treasury Secretary, advocating for universal tariffs starting at 2.5%. He aims to ...

President Donald Trump's Treasury secretary pick, Scott Bessent, pushes for new tariffs and warns of a 'calamity' if tax cuts ...

Oil steadied — after sinking by 2% on Monday — as US President Donald Trump threatened to introduce a wide-ranging set of ...

Trump has previously promised to reinstate the 8,000 personnel who were discharged, with full backpay expected to be given. This move would follow his revoking of a mandate that federal workers must ...

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.

The dollar strengthened against every major currency after comments on tariffs from US President Donald Trump and Scott ...

Lithuania and Estonia have become the first NATO members to pledge an increase in defense spending to five percent of GDP, according to a report.

Donald Trump’s Treasury Secretary pick, Scott Bessent, is pushing for new universal tariffs on US imports to start at 2.5% ...

A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...

Republican Senators Mitch McConnell, Susan Collins and Lisa Murkowski are considered obvious candidates to oppose Kennedy’s ...

In just a week, the president has floated financial reprisals for Mexico, Canada, Russia, Denmark and Colombia. The hostilities could backfire.

The S&P 500 closed 0.3% lower at 6,101.24 on Friday, reversing earlier gains that saw the index hit a fresh intraday record. The Nasdaq Composite declined by 0.5% to 19,954.30, while the Dow Jones ...