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Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, poses for a photo with Cabinet picks, other nominees and appointments, at the National Gallery of Art in Washington, Saturday, Jan. 18, 2025.
FinanceBillionaire hedge fund manager Scott Bessent confirmed as Treasury secretary
By Fatima Hussein and The Associated PressJanuary 27, 2025
Despite Trump’s demand that the Fed cut rates, Wall Street increasingly sees the exact opposite happening
FinanceDespite Trump’s demand that the Fed cut rates, Wall Street increasingly sees the exact opposite happening
By Jason MaJanuary 26, 2025
Craftsman Style Bungalow
LifestyleU.S. home sales in 2024 were the lowest they’ve been in nearly 30 years
By AFPJanuary 25, 2025
President Donald Trump signs executive orders in the Oval Office on January 20, 2025 in Washington, DC.
FinanceDonald Trump promised to tackle cost-of-living crisis—now he’s risking inflation by demanding interest rates drop ‘immediately’
By Christiaan HetznerJanuary 24, 2025
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025.
FinanceLarry Summers warns bubbling asset prices are hitting levels of froth last seen prior to the financial crisis
By Christiaan HetznerJanuary 23, 2025
Bitcoin surges past $109,000 ahead of possible early Trump crypto action: ‘You’re going to be very happy with me’
The CoinsBitcoin surges past $109,000 ahead of possible early Trump crypto action: ‘You’re going to be very happy with me’
By Alan Suderman and The Associated PressJanuary 20, 2025
Donald Trump opens his mouth and spreads his hands as his talks at a podium with American flags in the background at a press conference.
FinanceBond yields are soaring—and that could pose a problem for Trump
By Greg McKennaJanuary 15, 2025
Jerome Powell raises his left hand as he speaks at a press conference.
FinanceBonds yields are rising like crazy: What that means for investors
By Greg McKennaJanuary 13, 2025
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
FinanceFed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
By Jason MaJanuary 11, 2025
Top Fed regulator Michael Barr speaks into a microphone
FinanceTop Fed regulator steps down after enraging JPMorgan Chase and Republicans
By The Associated PressJanuary 7, 2025
Americans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy
FinanceAmericans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy
By Jason MaDecember 30, 2024
Federal Reserve chair Jerome Powell speaks in front of the American flag
FinanceThe Fed is weighing ‘significant changes’ to its annual stress tests for large U.S. banks to lessen the risk of large year-on-year swings
By Dave SmithDecember 24, 2024
People shaking hands after agreeing on a job offer.
SuccessWorkers won’t accept less than $81,000 for a new role right now—despite fearing they’ll be jobless soon
By Orianna Rosa RoyleDecember 24, 2024
A man dressed as Santa Claus opens his arms and shouts with glee on the floor of the New York Stock Exchange.
FinanceAnalysts expect the usual ‘Santa Claus rally’—but watch out if it doesn’t arrive
By Greg McKennaDecember 23, 2024
There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
FinanceThere’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
By Jason MaDecember 21, 2024
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