Their exchange on the minimum wage shows two views of the world.
Here are five key things investors need to know to start the trading day: Buoyed by a cooler-than-expected CPI report and a slew of blowout bank earnings, all three major averages surged Wednesday for their best day since Nov.
Scott Bessent, Donald Trump’s nominee for treasury secretary, made it clear during his confirmation hearing Thursday that he’s only interested in protecting the interests of the rich and powerful. The hedge fund manager with a net worth of at least $500 million repeatedly spiked down questions about whether he would support working-class priorities.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
Bessent told lawmakers that President-elect Donald Trump has an opportunity to unleash 'a new economic golden age'
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
US President-elect Donald Trump's nominee for Treasury Secretary Scott Bessent was asked who would pay the proposed tariffs. Bessent also hit back on the clean energy race, saying China will not comply.
Each Cabinet-level nominee must go through a public hearing in the relevant Senate committee and then be confirmed by the Senate as part of the upper chamber’s “advise and consent” duty.
This week in politics, President Joe Biden delivered his farewell address, the Senate conducted confirmation hearings for President-elect Donald Trump's nominees, the Supreme Court upheld the looming TikTok ban,
Crude oil futures posted gains for the week, helped by concerns over supply disruptions following the latest U.S. sanctions on Russia and strong winter demand for heating fuels, but fell Friday ahead of the Martin Luther King Jr.