Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Separately, the Labor Department said that U.S. productivity decelerated to a 1.2% annual growth rate during the fourth quarter, down from a 2.3% rise in the prior three-month period.

Treasury Secretary Scott Bessent on Wednesday said in an interview with Fox Business Network that President Donald Trump was focused on the 10-year Treasury and not Fed’s intere ...

US President Trump released some easing comments and remarks, softening the risk-off tone in markets.

While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...

Department of Government Efficiency (DOGE) boss Elon Musk trolled his critics Wednesday even as DOGE faced its first major legal defeat.

Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of ...

The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...

Banks were hoping that President Donald Trump’s election alongside a Republican Congress would make their lives easier.

Qualcomm earnings beat Wall Street expectations, as revenue jumped. But IP licensing revenue missed estimates and stock fell 4.8%. Skyworks Solutions plunged after it said it expected its share of the ...

Scott Bessent stressed that Trump’s focus is on lowering the 10-year Treasury yield, not pushing the Fed for rate cuts. The "3-3-3" plan aims to cut the deficit to 3% of GDP, increase oil output by 3M ...