There's a rumor that the $50 bill is on its way out. This rumor claims that the government is getting rid of fifties for good ...

Donald Trump on Friday said he would nominate Scott Bessent to be the 79th U.S. Treasury secretary and frontman for the ...

Scott Bessent is a hedge fund manager who investors believe will balance Trump's economic promises with fiscal reality as ...

If you felt a gust of wind from out of the Northeast on Friday evening, it was the collective sigh of relief coming from New ...

The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.

A conflicting set of possibilities is the Fed minutes indicating the Dec rate cut is appropriate-—but then the Fed funds rate ...

In the second MAGA Administration, the hedge-fund manager Scott Bessent will have the job of acting as a voice of reason.

Global stocks paused on Wednesday and currencies were mixed as investors worried over the next potential target for U.S.

President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...

The early reviews for Treasury secretary nominee Scott Bessent from Wall Street are in — and they're positive. But now the ...

President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's ...