Wall Street applauded Donald Trump’s choice for Treasury Secretary, and his pick's “3-3-3” economic plan. Hedge-fund manager Scott Bessent is Trump’s choice to head up the administration’s most ...

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 ...

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

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 ...

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 ...

The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...

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 ...