The Dow Jones Industrial Average rose 439.02 points, or 0.99 per cent, to 44,735.53. Read more at straitstimes.com.

With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury Secretary pick who is deeply aware of ...

Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the ...

Longer-term Treasury yields took a big step back on Monday, with rates on 10-year and 30-year bonds plunging by the most in nearly four months. The rally in U.S. government debt was given a boost by ...

Wall Street analysts believe Bessent will encourage Trump to roll back his aggressive plans for imposing tariffs on imported ...

In the stock market, Bath & Body Works jumped 19.1% after delivering stronger profit for the latest quarter than analysts ...

Internal inquiry of Boris Epshteyn’s solicitations begins inside transition office as Trump declares “no one working for me ...

Global markets rallied on Monday following President-elect Donald Trumps announcement of billionaire hedge fund manager Scott ...

Scott Bessent spent the past 40 years studying economic history. Now, as Donald Trump’s choice to lead the Treasury ...

The Treasury secretary does not decide which tariffs are implemented, but his voice will be important. Trump has proposed ...

Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...

Scott Bessent — the hedge-fund manager tapped to lead the Treasury Department — revealed his top priority will be extending ...