Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.

The Financial Times columnist Gillian Tett discusses what Trump’s plan to ‘detox’ the economy is actually meant to achieve.

Allocations to cash and money market funds are rising, and dip-buying is slowing, as the president's coyness on downturn odds ...

US stocks plunge, with S&P 500 and Nasdaq posting the largest one-day loss since 2022 after Trump declined to rule out ...

Stocks sank during Monday's session, extending the S&P 500 's sell-off into its fourth week. The Nasdaq Composite saw its worst day since September 2022. Meanwhile, the Dow Jones Industrial Average ...

But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...

United States Treasury Secretary Scott Bessent said that the US government will use stablecoins to protect the US dollar and ...

With markets reeling because of volatile tariff headlines from the Trump administration, one of the president's top Cabinet ...

Treasury Secretary Scott Bessent says that the US should become a global leader in digital assets. In a new interview with ...

Musk’s loyalists at DOGE have infiltrated dozens of federal agencies, pushed out tens of thousands of workers, and siphoned ...

US Treasury secretary Scott Bessent said last Friday that the economy ... chief investment officer at Palinuro Capital. The volatility dam has, by and large, held. But pressures are building.