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Browsing Tag

Scott Bessent

85 posts
EEconomy
Scott Bessent is ‘sick of hearing about’ the K-shaped economy and declares it’s over
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Scott Bessent is ‘sick of hearing about’ the K-shaped economy and declares it’s over

  • August 6, 2026
Scott Bessent has some good news for consumers this morning: The K-shaped economy is officially over! Consumers on…
AArtificial intelligence
SoftBank sinks as Asia chip stocks track Wall Street AI rout
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SoftBank shares: Asian tech rally, SK Hynix, Samsung, Advantest

  • August 5, 2026
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a…
EEconomy
Bessent uses moves from his hedge fund days to prop up Japan's yen—and America's national debt
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Bessent uses moves from his hedge fund days to prop up Japan’s yen—and America’s national debt

  • August 4, 2026
Scott Bessent was in his early 30s, working at Soros Fund Management, when the Asian financial crisis tore…
AArtificial intelligence
China threatens retaliation against U.S. humanoid robot ban, says it 'severely damages' relations
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China threatens retaliation against U.S. humanoid robot ban, says it ‘severely damages’ relations

  • July 30, 2026
A humanoid robot from Robostore joins CNBC’s Power Lunch on Dec. 30, 2025. CNBC BEIJING — The U.S.…
AArtificial intelligence
Nvidia, Microsoft, Meta warn against overregulating open-weight models
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Nvidia, Microsoft, Meta warn against overregulating open-weight models

  • July 24, 2026
The White House is visited by tourists on July 17, 2025 in Washington, DC. Michael M. Santiago |…
AArtificial intelligence
Bessent says U.S. could sanction China over AI model 'theft'
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Bessent says U.S. could sanction China over AI model ‘theft’

  • July 22, 2026
U.S. Treasury Secretary Scott Bessent during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library…
AArtificial intelligence
CNBC Daily Open: Generic problems, AI valuations and earnings on tap
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CNBC Daily Open: Generic problems, AI valuations and earnings on tap

  • July 22, 2026
An employee monitors bottles as they move along the drug production line inside the packaging unit at the…
PPersonal finance
Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide
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Social Security faces a 24% cut in 2032—that’s a $345 billion hit to retirees nationwide

  • June 5, 2026
Social Security is barreling toward a 24% across-the-board benefit cut in 2032 that would slash roughly $500 a…
MMobile
Trump Accounts App Launches for American Families
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Trump Accounts App Launches for American Families

  • May 31, 2026
Posted on Friday, May 29, 2026 | by Jack Phillips | 31 Comments | Print The U.S. Treasury…
EEconomy
Bank of Japan squeezed by Takaichi, Trump and Iran war inflation
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Bank of Japan squeezed by Takaichi, Trump and Iran war inflation

  • May 29, 2026
Speaking on Wednesday (May 27), Bank of Japan Governor Kazuo Ueda cautioned that central banks must prevent this…
MMobile
Trump Accounts app launches — here's how to get started
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Trump Accounts app launches — here’s how to get started

  • May 28, 2026
President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque…
EEconomy
CNBC's The China Connection newsletter: Tariffs eased. Trust didn't.
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CNBC’s The China Connection newsletter: Tariffs eased. Trust didn’t.

  • May 26, 2026
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection…
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