The Latest Breaking News from Scott Bessent

The chancellor is in Washington DC as pressure mounts over dire IMF predictions of the effect on Britain’s economy if Trump goes ahead with his tariffs

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors

The Treasury Secretary says the U.S. and China can work together to ‘rebalance’ their respective economies

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first does not mean America alone,” sharing that more than 100 countries have come to the table to talk trade deals.

Qualcomm continues to climb into earnings, with a tightening range and analyst support pointing to bullish momentum at just the right time.

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

Volatility has plagued stocks in recent months, and major indexes are down since Trump’s election in November.

President Trump wants to slash tariffs on China and will let Fed chief Jerome Powell keep his job.

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no intention of firing US Federal Reserve Chair Jerome Powell.

Delegation reports poor conditions. Plus, Musk says he will step back slightly from Doge after Tesla profits slide 71%

Investor optimism built off Bessent's remarks went into overdrive after President Donald Trump told reporters in the Oval Office that he had "no intention" of firing Fed Chair Jerome Powell.