The president-elect met with the investor Scott Bessent, seen as a front-runner to lead the Treasury Department.

Yields initially spiked on Friday following a solid retail-sales report for October and a surge in the New York Federal Reserve Bank's Empire State business conditions index. The benchmark 10-year ...

Fox Business host Larry Kudlow – who was earlier on Friday reported as a top contender for the position – told the ...

Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...

In essence, the Treasury’s financial inclusion strategy aims to improve financial literacy, while making key products like ...

Despite Donald Trump's announcement of his plans to introduce a Department of Government Efficiency, the proportion of money the U.S. government spends appears to be similar to that of other developed ...

Hedge fund executive Scott Bessent is expected to meet with the president-elect on Friday. Transition co-chair Howard Lutnick is also seeking the post.

The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors ...

But one key position that hasn’t been filled yet is Treasury secretary, and the person Trump picks will play a crucial role ...

Pennsylvania — along with its cities, counties, and local governments — have until Dec. 31 to finalize their federal pandemic ...

Focusing on manufacturing, energy and tech, Scott Bessent, a potential top candidate for Trump's Treasury secretary, makes ...

Billionaire banker Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for the top Treasury ...