Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the ...

A broad recovery across financial markets that began on Tuesday ran out of steam on Wednesday after the latest White House interjection on tariffs. Shares across the globe rose overnight coming into ...

U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not ...

(CNN) — President Donald Trump’s recent attacks on Federal Reserve Chair Jerome Powell and unprecedented tariffs, ...

Most legal scholars agree that Trump can’t fire Powell from the Fed’s board of governors, and there is no legal precedent for ...

The dollar took a breather on Thursday, following a sharp bounce after President Donald Trump backed away from threats to ...

President Donald Trump said Wednesday that he could re-impose “reciprocal” tariffs on some countries in as soon as two or three weeks, a potentially significant re-escalation of the global trade war ...

Stock indexes and the U.S. dollar rose, as investors got hints of a long-sought détente in America’s trade wars.

President Trump sought to tamp down a trade war with China on Wednesday, acknowledging that the 145 percent duty he slapped ...

In our news wrap Wednesday, Treasury Secretary Scott Bessent said both the U.S. and China see high tariffs as unsustainable but dismissed reports U.S. would bring them down unilaterally, a dozen ...

Trump’s tariffs continue to affect global markets. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...