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 ...

Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott ...

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

Investors cheered Monday after Friday’s late news that Donald Trump will nominate Scott Bessent as the next Treasury ...

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

President-elect Donald Trump announced in a statement on Truth Social Friday that he’d be nominating physician and Fox News ...

It seems the markets liked President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary: The Dow jumped nearly 400 points Monday morning and was up 0.9% by the afternoon.

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 ...

President-elect Donald Trump has endorsed Jimmy Patronis, Florida’s chief financial officer, in the special election for Matt ...

Canada's main stock index ended lower on Monday as a drop in commodity prices weighed on resource shares, offsetting the boost to investor sentiment globally from the nomination of Scott Bessent as U.