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The US has relied on its 'golden credit card' to run fiscal deficits for decades, the Oaktree cofounder wrote.

The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent ...

A violent U.S. Treasury selloff, evoking the COVID-era "dash for cash," has reignited fears of fragility in the world’s ...

President Donald Trump paused his latest wave of tariffs on Wednesday after making big promises to Americans about how the ...

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for ...

U.S. Treasury Secretary Scott Bessent said on Wednesday his department will play a greater role in banking regulation to ...

Donald Trump has paused his tariff onslaught for 90 days in a major climbdown he blamed on people “getting a little bit ...

In a post on social network Truth Social, Trump simultaneously raised the tariff on Chinese goods to 125% “effective ...

The emergency of the moment is the economy. President Donald Trump declared a national emergency to address a long-standing trade imbalance and declare a global trade war. After a week of market ...

Just hours after implementing tariffs of varying levels on trade partners across the globe, President Donald Trump said he ...