Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
Here's Where to Look for Early Signs of a Recession; How Wall Street and Business Got Trump Wrong
Major economic data hasn't yet begun to fully capture Trump's time in office. The Wall Street Journal is looking at a host of other indicators to try to figure out whether the U.S. might skirt a ...
Treasury Secretary tells stock investors to focus on the long term
Treasury Secretary Scott Bessent on Thursday tried to calm investors worried that the administration would tip the economy into recession. In an interview on CNBC, Bessent said he wasn't worried about ...
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Stocks’ sell-off worsens as Wall Street wonders how much pain the 47th president will accept for the economy
Wall Street tumbles as Trump's tariffs raise uncertainty, causing a sell-off in stocks and crypto. Economic growth fears mount.
Scott Bessent calls government shutdown a bigger story than stock market shock
Treasury Secretary Scott Bessent downplayed on Thursday the negative impacts of President Donald Trump‘s tariffs as he said a ...
Treasury Secretary Scott Bessent to CEOs: It's common sense to cut taxes
With markets reeling because of volatile tariff headlines from the Trump administration, one of the president's top Cabinet ...
‘We have to rebuild our country’: Donald Trump and his team pursue economic shock therapy
The economic pivot, which has focused on aggressive tariffs and significant cuts to government spending, has sent US equities ...
Stocks' sell-off rattles Wall Street as worries deepen about trade strains
The U.S. stock market’s sell-off accelerated as worries built about pain for the economy because of tariffs and more ...
Trump didn’t use the ‘R-word’, but that’s what markets fear
The sell-off on Wall Street is accelerating as fears of stagflation and recession rise. It’s not helping that no one, including Donald Trump, seems to know what his tariff regime will ultimately look ...
Trading Day: Smoldering market volatility set to ignite
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Treasury secretary warns U.S. could enter “detox period” | The Excerpt
Plus: President Donald Trump threatens Russia with sanctions. American liquor, wine and spirits pulled from Canadian shelves ...
Global stocks tumble amid economic slowdown fears and Trump tariffs
US stocks followed FTSE 100 (^FTSE) and European stocks solidly lower on Monday as traders and economists remained cautious that Donald Trump slapping tariffs on major trading partners and slashing ...