US stocks closed higher on Friday, but it wasn't enough to erase the week's losses. Averting a government shutdown ...

New research on the failures of Silicon Valley Bank and other regional banks in 2023 points to cyclicality of venture capital ...

At the summit, Treasury Secretary Bessent reiterated that ... Congress during the summit to pass a stablecoin bill for his signature by the August 2025 congressional recess.

Once upon a time, the conservative position on economics was easy to describe: It was in favor of free markets. In terms of ...

Under the leadership of Donald Trump, the US Republican Party has more or less turned its back on free-market economics. This ...

The prospect of permanent Trump tax cuts. "It's common sense to cut taxes," Treasury Secretary Scott Bessent told influential CEOs of the Business Roundtable in a Wednesday afternoon meeting ...

Treasury Secretary Scott Bessent on Thursday played down the recent weakness in the stock market, saying the White House was focused on the long term. “I’m not concerned about a little bit of ...

Former Treasury Secretary Lawrence Summers said there is almost a 50% chance of a recession for the U.S. this year due to policy changes from the Trump administration and uncertainty in the markets.

Former Treasury Secretary Steve Mnuchin said he disagrees with analysts who have sounded alarms about a potential economic slowdown and thinks “people are overreacting a bit” to the new Trump ...

March 13 (UPI) --Treasury Secretary Scott Bessent said market volatility doesn't matter much as the Trump administration focuses on long-term economic success. "We're focused on the real economy ...