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!
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.
As the midterm elections approach, Treasury Secretary Scott Bessent reveals the Trump administration's consideration of declaring a national housing emergency to address pressing voter issues.
Indian Prime Minister Narendra Modi is set to visit China for the first time in seven years, signaling a potential thaw in India-China relations amid rising tensions with the US over oil purchases.
As pressure mounts from analysts and politicians, will the Federal Reserve finally cut interest rates? With mixed economic signals and a possible dovish shift, the September meeting could be pivotal!
Treasury Secretary Scott Bessent hints at a potential 50 basis-point interest rate cut next month, following weaker job growth indicators. What does this mean for the economy?
After Trump announced controversial tariffs, investor confidence plummeted, leading to a significant stock market selloff. Experts warn of potential inflation and recession as economic concerns mount.
In a surprising move, President Trump has ousted IRS Commissioner Billy Long just two months after his confirmation, marking the shortest tenure in the role's history. Long will now serve as ambassador to Iceland, while concerns about IRS turnover and tax policy continue to swirl.