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

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

We recently published a list of 15 AI News That Broke The Internet This Week. In this article, we are going to take a look at ...

Gura: You covered the Treasury Department when Steven Mnuchin was running it, and he was there, as you said, for all four years of Donald Trump's first term. If Scott Bessent is confirmed, what is ...

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

Elon Musk and Vivek Ramaswamy, whom President-elect Donald Trump named to head the new Department of Government Efficiency, ...

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 ...

Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high. The Dow added 1% Monday to the record it set on Friday. The S&P 500 rose 0.3%, while the Nasdaq ...

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.

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 ...