No Country For Young Fintechs: The U.K.’s Debanking Of Crypto Blockchain And Web3
A survey of U.K. fintech and crypto firms found that 50 percent of the firms have been rejected from opening a bank account.
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields ...
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's ...
EM central banks cool on Treasuries, stoking bond yield heat
Spiking Treasury yields and the 'wrecking ball' dollar are creating a negative feedback loop that monetary authorities around ...
Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.
Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...
Why are interest rates rising when the Fed has been cutting them?
What’s shaking Wall Street seems so backwards. Swings in the bond market recently sent the yield on the 10-year Treasury ...
What To Know About Scott Bessent: Treasury Pick Will Tout Trump ‘Economic Golden Age’ In Confirmation Hearing
Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the ...
Charleston investor and Trump Treasury nominee discloses hundreds of million in assets
Charleston hedge fund manager Scott Bessent has disclosed assets valued at hundreds of millions while detailing how he'll ...
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U.S. Treasury Secretary discloses up to $500,000 in BTC ETFs
President-elect Donald Trump’s choice for Treasury Secretary, Scott Bessent, owns up to $500,000 worth of Bitcoin spot ETFs.
Debts, Deficits, and Bond Moves with Kathy Jones: Macro Matters
The two stand out risks with the new administration are tariffs and immigration policy, says Kathy Jones, Chief Fixed Income Strategist at Charles Schwab. Jones is joined by host and Bloomberg ...
Stock market today: Wall Street’s momentum slows as US stocks drift
U.S. stock indexes are drifting Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group ...
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Trump's billionaire Treasury chief nominee says minimum wage should stay at $7.25 per hour
Billionaire businessman Scott Bessent, President-elect Donald Trump's pick to lead the Treasury Department, argued that the federal minimum wage should remain at $7.25 an hour.During his confirmation ...