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U.S. stocks are drifting around their record levels after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 rose 0.1% Wednesday, coming off its latest ...
Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...
WASHINGTON — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to Treasury ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...
Rapid run-up reflects emergency spending during the multi-year COVID-19 crisis, when the government borrowed heavily under ...
Canada's main stock index scaled an all-time high on Wednesday, bolstered by ongoing optimism surrounding a September U.S.
A headline you might have missed.” Trump levies 35% tariff on Canadian wildfire smoke entering the U.S. Tax will be collected ...