Today on the Big Take: To get the nomination for Treasury Secretary, Scott Bessent had to win over MAGA, Wall Street and Trump himself. Scott Bessent is President-Elect Trump’s pick to be the treasury secretary, a role that spans oversight of the $28 trillion market...

Bessent speaks at Senate confirmation hearing for Treasury job Yellen by contrast warned on risks from full extension of cuts Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and working-class people if the...

UBS investment-bank research unit is underweight on stocks Country may suffer impact from Trump policies, China deflation UBS Group AG is recommending to short India’s rupee and go underweight on the country’s stocks amid slowing economic growth, a trend that could...

Rokt separately agrees to $300 million purchase of mParticle E-commerce group has plans to go public in first half of 2026 E-commerce company Rokt has agreed a secondary share sale with investors including Tiger Global Management at a $3.5 billion valuation, ahead of...

Led by Musk, top 0.1% own biggest share of US wealth on record Biden term saw across-board gains though inflation offset some The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an...

Economists call for forceful action to reverse price declines GDP deflator forecast to be negative for third straight year China has failed to break a deflationary cycle and is now on track for the longest streak of economy-wide price declines since the 1960s,...