The Latest Breaking News from Scott Bessent

June S&P 500 E-Mini futures (ESM25) are trending down -0.17% this morning as investors grappled with fresh uncertainty surrounding U.S. President Donald Trump’s tariff policies and looked ahead to the release of the Federal Reserve’s first-line inflation gauge.

NEWS ANALYSIS: Had Keir Starmer and his ambassador in the US listened to wiser voices in Washington, they may not have been in such a hurry to get a trade deal based on reducing ‘Liberation Day’ tariffs over the line, writes Political Editor David Maddox

June S&P 500 E-Mini futures (ESM25) are trending up +0.10% this morning, stabilizing after yesterday’s drop, while investors await U.S. business activity data and a potential pre-dawn vote in the U.S. House of Representatives on President Donald Trump’s sweeping tax and spending bill.

President says he will speak with advisers about taking public firms that support about 70% of US mortgages

Bessent repeatedly shouted the profane insult at the Tesla billionaire, who responded by yelling, ‘Say it louder,’ as they brawled within earshot of President Trump.

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

The United States has imposed sanctions on two members of the Mexican drug trafficking organization Cartel del Noreste, the Northeast Cartel, which was formerly known as Los Zetas

President Trump is clashing with major companies like Walmart and Mattel, accusing them of falsely blaming tariffs for price increases and demanding they absorb the costs.

Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump’s sweeping tariffs