Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break ...
In a virtual address given to the World Economic Forum in Davos, President Trump promised to make the United States the ...
As requirements for stress-capital buffers drop, Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and M&T Bank Corp. (MTB) are potential winners as they potentially pocket extra capital for stock ...
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...
The Massachusetts senator urged President Trump to work with regulators to stop what she called unjustified closing of bank ...
The progressive senator from Massachusetts said banks have been shutting down too many accounts without explanation.
Europe's STOXX 50 index XX:SX5E, a blue-chip gauge that includes shares of companies based in 11 eurozone countries, gained 8% in January in U.S. dollar terms, tallying its strongest monthly ...
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
The tariffs are not happening immediately — at least for Mexico and Canada. But jitters about long-term uncertainty kept stocks from having a positive day.
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