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On February 3, 2025, U.S. Treasury Secretary Scott Bessent, who took over as President Donald Trump’s new acting consumer finance watchdog, halted virtually all pending activities at the […]

Wildfires in Los Angeles have caused significant destruction, with at least 27 people dead and thousands of buildings destroyed. The Palisades Fire has burned through more than 23,700 […]

The Trump administration’s plans for trade tariffs come with inflation risks, three Federal Reserve officials warned on Monday, with one arguing that uncertainty over the outlook for prices […]

President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB), a powerful watchdog agency whose operations Bessent […]

President Donald Trump’s steep tariffs on Canada, Mexico, and China could worsen existing drug shortages in the U.S., raise healthcare costs for patients, and threaten cash-strapped generic drugmakers, […]

President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB), a powerful watchdog agency. Bessent immediately halted […]

The CEO of Nucor Corp., the largest steel producer in the U.S., endorsed President Donald Trump’s tariffs on China, Canada, and Mexico. Leon J. Topalian, the chair, president, […]

Wildfires in Los Angeles have resulted in at least 27 deaths. The Palisades Fire has destroyed thousands of buildings and burned through more than 23,700 acres, while the […]

WASHINGTON, Feb 3 (Reuters) – U.S. President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying […]

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets seeing values fall […]