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

U.S. stocks climbed Monday as investors cheered President-elect Donald Trump’s choice for Treasury secretary ahead of a ...

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 ...

According to preliminary data, the S&P 500 gained 17.81 points, or 0.30%, to end at 5,987.15 points, while the Nasdaq ...

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will ...

Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Scott Bessent was a protege of Jewish billionaire George Soros, who is at the center of many antisemitic conspiracy theories.

The nominee reassures financial markets, for now, but there are many pitfalls ahead.

Stocks finished higher Monday, with major indexes hitting new intraday records during the session, as the equities market continued to rally while Treasury yields fell and bitcoin retreated.

Bessent's financial-market credibility could help the administration sell investors on the idea of more tariffs - even if those costs get passed along, said Stephen Myrow, managing partner of Beacon ...

The Dow Jones Industrial Average logged a record close on Monday, as U.S. Treasury bonds saw their biggest rally in nearly four months after President-elect Donald Trump selected Scott Bessent as his ...

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