Scott Bessent
Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent ‘into fascism’
U.S. Treasury Secretary Scott Bessent takes questions from reporters at the Institute of International Finance (IIF) Global Outlook Forum on sidelines of the IMF and World Bank’s 2025 annual Spring Meetings in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz | Reuters A group of Treasury Secretary Scott Bessent’s classmates at Yale University urged him […]
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South Korea calls for ‘calm, orderly’ talks with the U.S. amid hopes of a tariff deal by early July
South Korea’s Trade, Industry and Energy Minister Ahn Duk-geun (right) arrives at Incheon International Airport on April 23, 2025, as he departs for Washington for finance and trade ministers’ talks with the U.S. Jung Yeon-je | Afp | Getty Images South Korea has asked for “calm” and “orderly” discussions with the U.S. on trade issues, […]
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Trump refutes China’s claim of no trade talks
U.S. President Donald Trump in the Oval Office at the White House. Leah Millis | Reuters President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that no discussions have taken place to ease the ongoing trade war. “They had a meeting this morning,” Trump told reporters, declining to say to whom he was referring. […]
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Consumer companies are bracing for lower profits as tariffs force shoppers to rethink spending
A Chipotle store stands in the Bronx on April 23, 2025 in New York City. Spencer Platt | Getty Images From Procter & Gamble to Chipotle, consumer companies are slashing their forecasts, projecting that tariffs will weigh on their profits and put more pressure on an already shaky consumer. At least a dozen companies have […]
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Stock futures slip after major averages post back-to-back gains: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2025. Brendan McDermid | Reuters Stock futures slipped Thursday after the major averages posted a second straight winning day. Futures linked to the S&P 500 were down 0.5%, while Nasdaq-100 futures traded 0.7% lower. Dow Jones […]
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Credit a ‘short squeeze’ for the stock market’s big two-day bounce
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor at the New York Stock Exchange on April 22, 2025. Brendan McDermid | Reuters A key force at the center of the stock market’s massive two-day rally is the frantic behavior of short sellers covering their losses. Hedge fund short […]
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Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade
US Treasury Secretary Scott Bessent speaks during the Institute of International Finance (IIF) Global Outlook Forum in Washington, DC on April 23, 2025. Jim Watson | Afp | Getty Images Treasury Secretary Scott Bessent on Wednesday said that “there is an opportunity for a big deal here” on trade issues between the United States and […]
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Watch live: Treasury Sec. Bessent outlines plan to restore ‘equilibrium’ to world financial system
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D.C., on Wednesday. After his speech, Bessent is set to sit for a […]
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CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need
(L-R) U.S. Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and Transportation Secretary Sean Duffy look on as U.S. President Donald Trump prepares to sign executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC. Anna Moneymaker | Getty Images The latest CNBC […]
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CNBC’s The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears
The floor of the New York Stock Exchange on Jan. 30, 2019. Bloomberg | Bloomberg | Getty Images This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give […]
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