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President Trump’s tariff regime has rocked investor confidence in what has long been considered not only a safe bet for ...
President Trump had brushed off the stock market's plunge, but turmoil in the bond market got his administration's attention.
Jeff Mason, Reuters White House Reporter: "Mr. President, can you give us a reaction to today's stock market drop and ... Scott Bessent, U.S. Treasury Secretary "Sure. Look the up two down one ...
The stock market has been the acute point of stress ... prices of long-term U.S. Treasury debt fell, too. That drove their yields, which move in an inverse relationship to prices, higher.
With the president’s tariff pause doing little to quell panic in the markets, his man at the Treasury has been put in an ...
Scott Bessent said on television that most people kept 401(k) money in a 60% stock fund. It’s not quite that simple.
Treasury Secretary Scott Bessent said the market's ability to handle surging volumes is reassuring and downplayed the massive stock selloff as a short-term reaction. That's despite Wall Street ...