Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose ...

In the stock market, Bath & Body Works jumped 19.1% after delivering stronger profit for the latest quarter than analysts ...

The Treasuries' rally in response to President-elect Trump's Bessent announcement late on Friday pushed yields on 10-year ...

Investors like Scott Bessent because, as a hedge fund founder, he brings to the job an understanding of Wall Street and is ...

CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as ...

After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent to be the next Treasury secretary. On today’s Big Take DC podcast, hosts ...

There are at least three distinct factions and a range of ideologies, barely suppressed to get through the rigors of the ...

One faction of prospective nominees appears focused on revenge, another on calming markets and a third on relentlessly — ...

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his ...