Bessent not happy about Powell investigation, conveyed concerns to Trump: Sources
Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....
Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....
Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell....
The Justice Department investigation into Federal Reserve Chairman Jerome Powell is sparking backlash and spotlighting the clash between the White House and the Federal Reserve Chair....
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
Luxury department store chain has struggled with high debt after acquiring rival Neiman Marcus and Bergdorf Goodman...
Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....
Figure meets expectations but experts warn of distorted data...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Bitcoin hits $93K as volume surges, but sellers dominate—will it reach $100K or face more pressure ahead?...
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....
President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...
US media reports say tariffs will be cut to 15 percent in exchange for TSMC investment....
The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...
China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...
Deal marks government’s first direct-to-supplier agreement but raises questions over conflict of interest...
US sanctions have damaged Iran's economy, which was the reason the protests broke out in the first place....
The Trump administration plans to replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus with Washington surpassed China’s...
Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...