US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. "I think ...

Later today, Fed Powell will speak amid increasing pressures from the government to resign.

The One Big Beautiful Bill Act loosens fiscal policy; the Fed will need to decide whether to tighten in response ...

While it is still early goings, the second Trump administration crossed the six-month mark on Sunday, and its impact on the ...

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Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who have been predicting that prices would rise due to President Donald ...

President Donald Trump’s recently enacted tax and spending law will add $3.4 trillion to US deficits over a decade and leave ...

WASHINGTON: US Treasury Secretary Scott Bessent said on Monday (July 21) that the role and performance of the Federal Reserve ...

GBP/USD inches lower after registering more than 0.5% gains in the previous session, trading around 1.3480 during the Asian ...

Another day, another US sharemarket record. All’s well in the US, despite Trump’s tariffs, his debt-funded spending binge and ...

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

Morgan Stanley expects tariff-related cost pressures to show up later this year, which could impact company margins and bump ...