Trump taps Scott Bessent for Treasury, capping long drama over choice
President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as US Treasury secretary, ...
Today's Mortgage Rates | Rates Hold Steady as Markets Wait for More Data
These are today's mortgage and refinance rates. Strong economic data has kept mortgage rates elevated, and they might only ...
CD Rates Mostly Held Firm This Week—But the Top Nationwide Offer Is Expected to End Soon
The best CD rates held their ground in all but one term this past week, meaning you can still snag a rate up to 5.50%. But ...
'Padding the profit margin': Why are interest rates still rising on store credit cards?
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the ...
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Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor ...
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Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market
Interest rates hit a two-decade high following the Federal Reserve's last hike in 2023. With inflation clearly trending lower ...
What To Know About Scott Bessent: Trump’s Pro-Tariff Treasury Pick
Here's what to know about the Treasury secretary pick Bessent, who beat out a crowded field including former Fed official ...
Guessing game over Trump's Treasury pick adds to US bond market's negative mood
Investors are hoping President-elect Donald Trump will name a Treasury secretary soon who will assuage their concerns about the Republican's policy promises that have weighed on an already sagging U.S ...
Trump expected to pick Bessent to be US treasury secretary, sources say
President-elect Donald Trump is expected to pick prominent investor Scott Bessent to take on the role of U.S. Treasury ...
Powerful Storm Soaks the Bay Area After Flooding Wine Country
An atmospheric river that has brought damaging wind, rain and snow to the Pacific Northwest fed a storm spreading as far ...
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
By DAMIAN J. TROISE and ALEX VEIGA Stocks closed higher on Wall Street as the market posted its fifth straight gain and the ...
Bloomberg L.P.20h
US Debt Load Tops Fed’s Survey of Financial Stability Risks
“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the ...