But they weren’t “afraid,” as Trump asserted. Rather, Bessent made a trillion-dollar bet on the bond markets, and in the long ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The White House, Bessent added, has a “strong dollar” policy, despite Trump’s longstanding grumbles about its effect on exports. (More on the dollar below.) Of note, Bessent threw his ...

U.S. President Donald Trump's desire for a stronger yen against the dollar is almost certain to figure into trade ...

Treasury Secretary Scott Bessent said that rising yields on U.S. Treasurys are a result of normal deleveraging rather than a ...

The stock market plunge has more to do with the emergence this year of China's DeepSeek artificial intelligence tool than ...

Treasury Secretary Scott Bessent played down the recent selloff in the bond market, rejecting speculation that foreign nations were dumping their holdings of US Treasuries, while flagging that his ...

US Treasury Secretary Scott Bessent suggested he’s not concerned about the yen’s recent appreciation against the dollar, a ...

The stock market plunge has more to do with the emergence this year of China's DeepSeek artificial intelligence tool than ...

As the fallout from President Trump’s global trade war spreads, investors are fleeing what is typically seen as the safest ...

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity.