News

Scott Bessent Reacts To Elon Musk Founding Rival Political Party Called 'The America Party'
On CNN, Treasury Sec. Scott Bessent responded to Elon Musk founding a new rival political party called the America Party.
US to make several trade announcements in next 48 hours, Treasury secretary says
The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday ...
Bessent demands apology from Summers over ‘big, beautiful bill’ criticism
Treasury Secretary Scott Bessent late Sunday fired back at Larry Summers for the former Treasury secretary’s criticism of ...
U.S. stocks in the red as investors assess Trump's tariff plans
Wall Street's major averages were lower on Monday, as investors deal with renewed uncertainty amid President Donald Trump's tariff news. The benchmark S&P 500 (SP500) was last -0.5% in late morning ...
Scott Bessent Claims More Trade Deals Are Coming Despite Limited Progress
U.S. Treasury Secretary Scott Bessent on Sunday warned that countries that don’t make trade deals with the U.S. will return ...
Why Trump's 'July 9' tariff deadline appears to be more like Aug. 1 (or even Labor Day)
Donald Trump's trade plans are likely to be significantly clearer by the end of this week, but an array of comments from the ...
Dow down 250 points as stocks hit session lows
U.S. stocks touched their lowest levels of the session in recent trading, with the Dow Jones Industrial Average down 250 points. Investors have been awaiting more clarity from the White House ...