Scott Bessent’s fund made biggest returns with bet against Fed
Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflation ...
Trump’s Tariff Message: I’m in Charge of the Economic Agenda
The president-elect’s market-friendly appointments to Treasury and other agencies brought relief to investors. The trade ...
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
ASX closes in on record high during Wednesday’s trading
The Australian sharemarket bounced back on Wednesday to near record highs as the US Federal Reserve hinted at further rate ...
He helped 'break' Bank of England. Now he may run US Treasury
Scott Bessent, known for his role in the 1992 Bank of England crisis while working with George Soros, has been chosen to lead ...
Stock market today: Wall Street hits records despite tariff talk
Asian shares mostly declined on Tuesday as worries spread over President-elect Donald Trump's comment that he plans to impose ...
Stocks Hit Record High on Israel Cease-Fire Deal: Markets Wrap
Stocks closed at all-time highs as investors looked past Donald Trump’s tariff plan, with geopolitical risks abating after ...
He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
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Stock market today: Wall Street rises to records despite tariff talk
U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street.
Wall Street veteran Scott Bessent nominated to be Trump's treasurer - and he couldn't be more different from Rachel Reeves!
Bessent (pictured), who campaigned for Trump's election and was a donor to his campaign, has expertise on making the right ...
Stock market today: Wall Street rises toward records despite tariff talk
U.S. stocks are rising toward records Tuesday after Donald Trump’slatest talk about tariffs created only some ripples on Wall ...
Treasury yields hold higher after Fed releases meeting minutes
Fed-funds futures showed nearly a 60% chance that the Fed will cut rates by 25 basis points, from the current range of 4.50% to 4.75%, at its next meeting on Dec. 18, according to the CME FedWatch ...