The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top ...

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.

The president's comments ended speculation that the treasury secretary would be in the running to succeed Jerome Powell, whose term ends in May 2026.

After five years of a hot housing market, demand has cooled down because buyers can’t bear higher prices amid persistent high interest rates, and they’re fed up with the asking prices.

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

Wall Street's main indexes swung to losses on Tuesday after data showed U.S. services activity unexpectedly stalled and ...

The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the ...

July's dismal jobs report showed that the economy added only 73,000 jobs instead of the expected 100,000 and revised away 258 ...

U.S. stocks edge higher amid mixed earnings and hopes for Fed rate cuts, while Trump tariffs and weak jobs data keep pressure on markets.

President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...

Recent deep revisions to jobs data reveal unexpected labor market weakness, making a September Fed rate cut highly likely.

A dismal July jobs report has lifted expectations for fall rate cuts. But just how low could the fed funds rate be by year's ...