Scott Bessent

Trade negotiations between the United States and China have reached an impasse, with both sides awaiting potential involvement from their respective leaders to break the deadlock, according to a report on Thursday. What Happened: Trade discussions between the United States and China have...

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has found himself at the receiving end of President Donald Trump‘s criticism, marking a stark contrast to their previously warm relationship, but reports suggest iPhone production in India is not the only reason. What Happened: According to The New York...

Treasury Secretary Scott Bessent predicted Friday that stablecoins will unlock trillions of dollars in demand for U.S. treasuries in the near future. What Happened: During an interview with Bloomberg Television, Bessent was asked about the impact stablecoins could have on the...

President Donald Trump clarified that his tariff strategy aims to boost domestic production of military equipment and technology rather than textiles, as trade policy continues to reshape U.S. manufacturing priorities and market dynamics. What Happened: Speaking to reporters before boarding Air...

ARK Invest founder Cathie Wood endorsed the President Donald Trump administration’s economic policies Sunday, comparing them to “Reaganomics on steroids” as Treasury Secretary Scott Bessent defended the government’s ability to outgrow mounting debt obligations. What Happened...

While investors are assessing the potential impacts of the “One Big Beautiful Bill Act,” this expert is urging investors to look beyond and consider a more potent market mover — U.S. tariff policy. What Happened: Bob Elliott, CIO of Unlimited Funds, warns that the stock market is...

Despite the overvalued nature of the stock based on its price-to-earnings metric, Tesla Inc. (NASDAQ:TSLA)’s CEO, Elon Musk, has defended the company’s growth, citing its stock prices, shrugging off the fundamental worries surrounding the carmaker as highlighted by experts. What...

Treasury Secretary Scott Bessent made fresh clarifications on the country’s evolving trade posture, particularly in relation to China, and the reshoring of critical supply chains. What Happened: On Sunday, Bessent posted a video clip on X from his recent appearance on CNN's State of the Union...

Economist Peter Schiff has sharply criticized Treasury Secretary Scott Bessent for downplaying the role of President Donald Trump's tax cuts in the recent Moody's downgrade of the U.S. sovereign credit rating, instead pinning the blame on the Joe Biden administration. What Happened: Schiff's...

Economist Peter Schiff is once again calling out President Donald Trump’s logic on trade and tariffs, arguing that the economic logic behind this stance does not hold up. What Happened: On Saturday, Schiff posted on X in response to Trump’s warning to Walmart Inc. (NYSE:WMT) not to...

Treasury Secretary Scott Bessent has issued a fresh warning to the U.S.’s biggest trading partners, global markets, and economies on trade and tariffs. What Happened: On Sunday, Bessent warned that U.S. tariffs could soon snap back to their “reciprocal” levels seen during “...

Scott Bessent, the U.S. Treasury Secretary, dismissed concerns over the U.S. government debt and the inflationary impact of tariffs on companies such as Walmart Inc. (NYSE:WMT). What Happened: Following Moody’s Ratings downgrade of the U.S. credit rating on Friday,...

President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements. What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs...

Multinational retailer Walmart Inc.‘s (NYSE:WMT) e-commerce businesses turned profitable for the first time in the U.S. and globally during the first quarter of the ongoing fiscal year despite looming tariff uncertainties. What Happened: CEO Doug McMillon expressed optimism over the company...

Prominent financial analyst Gordon Johnson has ignited discussion on social media, suggesting that a potential “Liberation Day 2.0” – an event triggering a significant equity market downturn – could be imminent. What Happened: The CEO and Founder at GLJ Research, LLC, Johnson’s...