News

American officials criticize India for profiting from Russian oil, but data shows US and European companies benefit more.
American citizens' expectations of a possible tariff rebate have suffered a significant setback. For a time, some government ...
The U.S. deficit will shrink by $4T over the next decade thanks to Trump's aggressive tariffs, according to projections from ...
The second-highest-ranking official at the Treasury Department, Michael Faulkender, is departing President Trump’s ...
Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...
The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in ...
Deputy Treasury Secretary Michael Faulkender is stepping down from his post, after having played what Treasury Secretary ...
The clash over Iran's nuclear program is escalating, with U.S. sanctions and Europe's snapback threat putting Tehran under ...
Will you get a tariff rebate check? Scott Bessent says the administration will pay the national debt before sending payments.
Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.
Bessent says debt, not rebate checks, will be administration’s priority for tariff revenue as prices rise for Americans ...
Trump administration's trade policy produces monthly revenue of $29.6 billion in July as officials explore debt reduction ...