Out billionaire hedge fund manager Scott Bessent will be nominated by Donald Trump to be secretary of the treasury. If confirmed, he will be the first out LGBTQ+ Cabinet secretary ever nominated by a ...

By Johann M Cherian and Purvi Agarwal (Reuters) -Dow contracts touched a record high on Monday and led gains among U.S. stock ...

Donald Trump ended weeks of speculation when he named his choice late on Friday, with some investment strategists saying ...

President-elect Donald Trump's pick to lead U.S. national intelligence is receiving renewed criticism from Democrats as ...

Strategists regard hedge fund manager Scott Bessent, the founder of Connecticut-based investment firm Key Square Group, as a ...

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Investors have greeted the news that Scott Bessent will be President-elect Donald Trump’s choice to be Treasury secretary ...

The United States is closing out the year with a lot of red ink as the national debt surpassed $36T for the first time.

Although the incoming Trump administration might trim some of the IRA's clean energy tax credits, most are probably here to stay.

Stocks: After underestimating the past two years, Wall Street strategists are back to being bullish. Year-end targets from ...

Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.

Here are five charts sensitive to that agenda that the incoming cabinet official may want to keep on his radar: The U.S. is ...