The actions of U.S. Treasury Secretary Scott Bessent will be key to how the financial markets react to the Trump 2.0 economic agenda. Bessent would take a gradual approach to lowering the U.S. budget ...

Steve Miran, Trump's current chair of the CEA, said: "Holding century bonds is less risky for reserve managers if they have access to swap lines granting them substantial short-term dollar liquidity.

A market correction can be unsettling for investors, but it also presents opportunities to buy high-quality stocks at a ...

Its forex positions were naked and not hedged, leading to losses. Also, the bank failed to apply mark-to-market accounting.

The official reserves include key categories such as bonds and foreign treasury bills, balances with foreign banks, gold, Special Drawing Rights (SDRs), and the State of Qatar's share in the ...

The stock market just capped off its worst weekly ... Uncertainties related to tariffs, the federal government's DOGE-induced layoffs, and Treasury Secretary Scott Bessent's forecast of a "detox ...

leading Treasury Secretary Scott Bessent to weigh in on the matter this week. Related: Billionaire Ray Dalio's blunt message on economy turns heads Bessent is a stock market veteran who trained ...

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

30-year fixed-rate mortgages with loan balances of $766,550 or less decreased from 6.93% to 6.88%. Bessent also said the Treasury department plans to appoint an “affordability czar,” which he ...

Last month, the Department of the Treasury enacted "extraordinary measures ... $300 billion and maybe even more paid down in cash balances." Below is a chart that shows where payments have ...

Workday, Inc. (NASDAQ:WDAY), a leading provider of enterprise cloud applications for finance and human resources, has been navigating a complex market landscape as it balances growth initiatives ...