Bessent: US and China Tariffs Need to Come Down Before Talks Can Start
Treasury Secretary Scott Bessent denied that the Trump administration is considering unilaterally slashing steep tariffs on Chinese imports.
Treasury Secretary Scott Bessent denied that the Trump administration is considering unilaterally slashing steep tariffs on Chinese imports.
A fast-moving “reduction-in-force” initiative targeted 90% of the beleaguered agency’s staff.
Trump has been thinking about firing Federal Reserve Chair Jerome Powell for some time. But who would replace him, if it happens?
Jerome Powell delivered a clear message to markets this week: I'm not coming to the rescue.
Federal Reserve Bank of New York President John Williams said Thursday he sees no imminent need for a change in central bank interest rate policy.
Trump blasted Fed chair Jerome Powell on Thursday with the strongest suggestion yet of his intention to try to fire the nation's most policymaker.
Retail investor sentiment has turned sharply negative as fears surrounding an escalated trade war grip financial markets.