The benchmark U.S. 10-year yield, which moves inversely to bond prices, is hovering near a five-month high as traders fret ...

The Treasury secretary oversees U.S. economic and tax policy, and Trump’s nominee will be tasked with carrying out his plans.

President-elect Donald Trump today said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ending days of twists that saw high profile candidates pitted against each other ...

Regardless, Bessent has been in the Trump circle’s orbit for years and is close to Vice President-elect JD Vance, according ...

The caveat is that Supermicro currently has a lot of scrutiny around its numbers. The SEC has fined the company in the past ...

Investor Scott Bessent has spent his career in finance, working for macro investment billionaire George Soros and noted short ...

The 30-year fixed-rate mortgage isn't in danger of going away, despite plans for a shake-up in housing finance under a second Trump administration, according to Michael Bright, former manager of ...

President-elect Donald Trump on Friday nominated Dr. Marty Makary to lead the Food and Drug Administration, selecting a ...

Grant Thornton laid off around 150 staff in the U.S., or about 1.5% of its roughly 9,700 employees there, the Wall Street ...

By Kristen Holmes, Sara Murray, Elisabeth Buchwald and Tami Luhby(CNN) — President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of th ...

President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ...

President-elect Donald Trump is reportedly considering selecting the financier for Treasury secretary, then nominating him ...