Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today.

Born with only one leg, the wrestler won the 2011 NCAA individual wrestling national championship in the 125-pound weight class.

Economists are very interested in Bessent's views on Federal Reserve independence. Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed ...

The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S ...

The past quarter’s economic data showed that the inflation battle is not over; whether the Fed eases now depends on the data, ...

This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...

Mortgage rates are hovering close to 7 percent, but there are still options for securing a rate in the 3 percent range or ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...

The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...

Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...