US Treasury Secretary Scott Bessent said late Tuesday that the amounts announced on Wednesday are the highest the tariffs will go. However, countries could then take steps to bring the tariffs down.

Know what is scary? Inflation. What can cause inflation? More money in the system. But an ample money supply does not have to ...

Trump earlier Tuesday called for the judge in the legal battle over his administration's deportation flights to be impeached.

The Trump administration should ignore the vibes at its own peril, as a deep enough plunge in the stock market could lead to ...

U.S. bond yields haven't exactly been cooperating with talk from the Trump administration that a recession can't be ruled out ...

Trump and Treasury Secretary Scott Bessent have not dismissed the possibility of a recession, although Bessent said Tuesday ...

Scott Bessent says market corrections are normal and healthy. Jim Cramer disagrees with the US Treasury Secretary's view.

Out Treasury Secretary Scott Bessent is having a hard time defending President Donald Trump’s chaotic economic policies. And ...

In subsequent media appearances, Treasury Secretary Scott Bessent similarly declined to dismiss a potential recession and said the U.S. will go through a “detox period.” Bessent told NBC’s “Meet the ...

The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda.

Treasury Secretary Scott Bessent can't guarantee that a recession won't happen, he said on Tuesday. "What I can guarantee you is that there is no reason we need to have a recession." The ...