Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.

A day after the claim was shared, Yellen posted to her government-verified X account about the unveiling of a portrait of ...

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

Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

The choice of hedge fund manager Scott Bessent came after a public battle among Trump supporters over who should be the new ...

Bessent's nomination as Treasury Secretary has garnered attention due to his history with businessman George Soros.

Mortgage rates were little changed this week as financial markets reacted to President-elect Donald Trump’s slate of Cabinet ...

Gold futures rise as U.S. Treasury yields and the dollar slide. The traditional correlations between gold and yields are ...

A Malaysian court on Wednesday allowed corruption charges linked to the multibillion-dollar 1MDB scandal filed against jailed ...

The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...

Monday brought a broad advance as investors cheered Trump’s decision to nominate Bessent, the founder of Key Square Group.