Fed cut seen near certain after inflation data, Bessent comments
By Howard Schneider WASHINGTON (Reuters) -The likelihood of a Federal Reserve rate cut in September is now seen…
How Switzerland’s tariff drama swung from hope to despair
(Bloomberg) — On July 4, as the US celebrated Independence Day, Switzerland’s top circle of ministers also had…
Stock market today: Live updates
Traders works on the floor of the New York Stock Exchange (NYSE) during morning trading on August 4,…
Donald Trump reveals new ‘reciprocal’ tariffs for dozens of countries
Donald Trump has signed an order for new tariffs on select trading partners, just hours before the pause…
Scott Bessent admits that Trump just created a ‘back door for privatizing Social Security’
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after…
Trump Accounts ‘Backdoor Way’ to Privatize Social Security: Scott Bessent
Treasury Secretary Scott Bessent has said new investment savings accounts for young Americans could help privatize Social Security.…
Treasury yields tick higher after more signs of solid labor market
Treasury yields moved higher on Thursday on the heels of recent U.S. economic data signaling that the labor…
15% Japan tariff feel like a relief because of hefty ones
U.S. Treasury Secretary Scott Bessent is leading a presidential delegation at a ceremony for U.S. National Day at…