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Browsing Tag

scott bessent

32 posts
EEconomy
Trump going Japanese with risky debt monetization gambit
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Trump going Japanese with risky debt monetization gambit

  • August 29, 2025
NEW YORK — In October 2016, Japan tried a new riff on an old economic strategy to mask…
BBusiness
Moments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign
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Moments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign

  • August 23, 2025
Moments after Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole symposium on Friday, President…
EEconomy
'Unless We See A Recession,' You Shouldn't Be Prescribing A 175 Basis Point Cut In Interest Rates
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‘Unless We See A Recession,’ You Shouldn’t Be Prescribing A 175 Basis Point Cut In Interest Rates

  • August 20, 2025
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Former…
EEconomy
New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt
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New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

  • August 19, 2025
Treasury Secretary Scott Bessent in Stockholm on July 29. – Magnus Lejhall/TT News Agency/AFP via Getty Images Treasury…
UUnited States
Chinese researchers lodge concerns over US debt as Beijing limits exposure
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Chinese researchers lodge concerns over US debt as Beijing limits exposure

  • August 16, 2025
Calls for China to gradually reduce its exposure to US dollar assets are growing louder as Washington’s national…
BBusiness
Inflation or jobs: Federal Reserve officials are divided over competing concerns
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Inflation or jobs: Federal Reserve officials are divided over competing concerns

  • August 15, 2025
WASHINGTON (AP) — One major question will be front and center for Federal Reserve policymakers as they prepare…
EEconomy
China's playbook for 90-day trade truce with US
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China’s playbook for 90-day trade truce with US

  • August 14, 2025
The United States and China extended their trade truce by 90 days on Tuesday (August 12), a trade…
PPersonal finance
Social Security may be more threatened than ever as it marks 90th year
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Social Security may be more threatened than ever as it marks 90th year

  • August 14, 2025
WASHINGTON (AP) — When President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago…
EEconomy
Goldman Sachs sees Fed cutting rates thrice in 2025, twice more in 2026
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Goldman Sachs sees Fed cutting rates thrice in 2025, twice more in 2026

  • August 14, 2025
NEW YORK (Reuters) -Goldman Sachs said on Wednesday in a research note it expects the U.S. Federal Reserve…
MMarkets
Indian stock market: Asian markets traded mixed, while the US stock market ended higher overnight, with the S&P 500 and Nasdaq hitting new closing highs.
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Indian stock market: 8 key things that changed for market overnight- Gift Nifty, Nasdaq to Bitcoin prices at record high

  • August 14, 2025
Indian stock market: The equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on…
BBusiness
US budget deficit climbs despite record income from Trump's tariffs
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US budget deficit climbs despite record income from Trump’s tariffs

  • August 13, 2025
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last…
EEconomy
How Switzerland’s tariff drama swung from hope to despair
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How Switzerland’s tariff drama swung from hope to despair

  • August 9, 2025
(Bloomberg) — On July 4, as the US celebrated Independence Day, Switzerland’s top circle of ministers also had…
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