Scott Bessent, nominated as US Treasury Secretary, believes there's no need for a central bank digital currency in the US, citing the availability of secure assets and the importan...
Treasury Secretary nominee Scott Bessent supports President-elect Donald Trump's tariff strategy aimed at unfair trade practices, carbon emissions, and financing practices, ensurin...
Treasury Secretary nominee Scott Bessent labels China's economy as the most unbalanced in world history, highlighting its trade surpluses used to bolster military strength. He call...
In November, US business inventories slightly increased by 0.1% to $2.59 trillion, with a 2.6% annual rise. Sales and shipments grew by 0.5%, totaling $1.9 trillion, and the invent...
Federal Reserve's Christopher Waller forecasts three to four rate cuts in 2025, depending on economic data, with a potential cut in the first half of the year if inflation trends c...
Scott Bessent, Trump's Treasury nominee, stresses the importance of maintaining the U.S. dollar's global reserve status amidst economic challenges, including an affordability crisi...
The US natural gas inventories have decreased by 258 Bcf, reaching 3,115 Bcf, as reported by the EIA. This marks a significant drop from the previous week and the same period last ...
The National Association of Home Builders reports a significant increase in confidence among US home builders for newly-built single-family homes in January, indicating potential g...
