President Trump proposes replacing quarterly earnings reports with semiannual ones, aiming to focus on long-term goals and cut compliance costs for public companies. Treasury Secretary Scott Bessent supports the idea, citing potential benefits for investors.
In a significant development, a framework deal has been reached between China and the U.S. for TikTok's ownership. U.S. Treasury Secretary reveals details after trade talks in Madrid, with Trump and Xi set to discuss final terms soon.
In a bold statement, Commerce Secretary Howard Lutnick claims the Supreme Court won't dismantle Trump's tariffs, contrasting Treasury Secretary Bessent's dire warnings about potential refunds. Tune into 'The Axios Show' for insights!
The US stock market experienced a record-breaking week, with major indexes closing at new peaks. Optimism around the AI boom and anticipated interest rate cuts are boosting investor confidence. Key economic data is set to be released soon.
Mortgage rates have dropped to their lowest in a year, prompting a surge in homebuyer applications. As the market shifts, many are seizing the chance to refinance and save on monthly payments.
Asian stocks surged following Wall Street's lead as traders anticipate a Federal Reserve rate cut next week. With geopolitical tensions high and inflation readings on the horizon, investors are closely monitoring the economic landscape.
In a rare move, billionaire financier Ken Griffin criticizes Trump for undermining Fed independence. This article explores the implications of this stance, including a new proposal from Treasury Secretary Scott Bessent and a troubling report on JPMorgan Chase's ties to Epstein.
Stocks saw a rise as political uncertainty in Japan and France unfolded, signaling potential interest rate cuts. Investors are on high alert for key data affecting markets.
Stocks surged on Monday as investors reacted to dismal U.S. labor data, signaling potential interest rate cuts. Political shifts in Japan and France add to market uncertainty. What should you know?
Stocks rise as dismal U.S. labor data suggests an imminent interest rate cut. The dollar wobbles while gold prices near record highs amid global economic concerns.