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Scott Bessent said on television that most people kept 401(k) money in a 60 percent stock fund. Itā€™s not quite that simple.
Hedge fund billionaires like Dan Loeb, Bill Ackman, and Stanley Druckenmiller have been critical of the tariffs that have ...
Democrats fear Trumpā€™s tariff policy will lead to reindustrialization, which has the potential to solidify Republican ...
Trumpā€™s Plan for Laid-Off Federal Workers: Get a Factory Job Scott Bessent explains how tariffs and DOGE layoffs will work together to create a manlier workforce filling real jobs.
Senior White House officials are making shocking remarks linking China to recent US market plunge ā€” even targeting Chinese AI firm DeepSeek ā€” as backlash mounts over US economic policies, including ...
Liberation Dayā€ Tariffs Rock Equity Markets. The marketā€™s troubles began in late February when Chinaā€™s DeepSeek shook Wall ...
Turning a deaf ear to the "hands off" cries of protesters not far from his golf course in West Palm Beach, Florida, where he ...
Many hoped Treasury Secretary Scott Bessent would be a voice of reason on Team Trump. Amid the crisis caused by tariffs, those hopes have since evaporated.
The beauty of yesterdayā€™s crash, which takes most major indices into bear market territory (-20 per cent), is that it is ...
Australian shareholders have suffered a $160bn wipeout within minutes on Monday morning as global turmoil worsens amid US ...
Despite a steep drop in the US stock market last week, Treasury Secretary Scott Bessent says that President Donald Trumpā€™s ...
Scott Bessent defends Trump tariffs as markets plunge, shifting blame to DeepSeek and MAG-7 tech stock losses. As the S&P 500 ...