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 ...
Schumer to advance GOP funding bill, unwilling to risk government shutdown as deadline nears
Senate Democratic leader Chuck Schumer has announced he's ready to start the process of considering a Republican-led spending ...
5 things to know before the stock market opens Friday
The S&P 500 closed in correction territory as the stock market continues its three-week tumble. Treasury Secretary Scott ...
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 ...
Transcript: Swamp Notes — Why Trump may want a weaker dollar
This is an audio transcript of the FT News Briefing podcast episode: ‘Why Trump may want a weaker dollar’ Sonja Hutson The US dollar is down this year by a lot, and it’s mak ...
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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 ...