Bessent Says US Barreling to Crisis If Tax Cuts Not Extended
Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and ...
Takeaways from Day 3 of President-elect Donald Trump’s Cabinet nominee hearings
Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on ...
NY metro area has biggest inflation problem in US, study finds
Inflation rates have had a huge impact on almost all aspects of our daily lives — from mortgage rates to the price of groceries. While the U.S. inflation rate has hit a 40-year high after the pandemic ...
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 ...
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax ...