WASHINGTON (Reuters) -President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the ...

U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.

The FBI director, IRS commissioner and vice chair of the Federal Reserve, all criticized by Republicans, have opted to resign ...

Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...

Government spending increases have outstripped receipts, thus pushing the federal budget into deficit ... measures freezing around half of Russia's foreign reserves, thus limiting the state's ...

The Dow Jones Industrial Average ( ^DJI) moved to a session high, up 0.5% while the S&P 500 ( ^GSPC) gained 0.2%. The Nasdaq Composite ( ^IXIC) fell slightly. President Trump spoke remotely at the ...

the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia's oil sector. Bessent, testifying at a Senate Finance Committee confirmation hearing ...

British equities were broadly higher on Thursday, building on their strong gains seen in the last session as markets eyed ...

New sanctions on Russia's energy sector could temporarily raise gas prices and shift oil export patterns, according to experts who analyzed the global impact of penalties previously placed against ...

Reserves Russia's economic performance in 2025 will ultimately come down to the availability of resources, said Korhonen. "There will be a deficit, but it can initially be financed from the ...