U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening ...

U.S. President Donald Trump and his newly appointed Treasury Secretary Scott Bessent's focus on the benchmark 10-year Treasury yield and not the federal funds rate to bring down borrowing costs is the ...

Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...

U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...

Several U.S. states already have sovereign wealth funds — government-controlled investment funds that enable excess capital ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Should you find it difficult to put much stock in what a Trump official says, there are economic factors that explain the ...

In an interview with Fox Business, Treasury Secretary Scott Bessent discusses Trump's priorities: fiscal discipline, economic growth, and tariff strategy.

U.S. President Donald Trump's tariff plans are largely aimed at bringing manufacturing back to the United States, Treasury ...

Petrified wood is one of the most sought-after materials in the world for both its aesthetic value and its scientific value.

As President Donald Trump's second administration continued its swift recasting of the federal government and American ...