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Scott Bessent

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Today’s pound, gold and oil prices in focus: commodity and currency check, 25 November

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The pound strengthened against the dollar on Monday, recovering from a sharp sell-off last Friday, as investors adjust expectations...
Bussiness

Stock market today: Asian shares mostly gain after Trump picks billionaire for Treasury post

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BANGKOK (AP) — Shares climbed in Asia on Monday, tracking last week’s gains on Wall Street, and analysts said investors...
Bussiness

Morning Bid: Bonds rally, dollar dips on Treasury choice

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A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the...
Sports

Bond futures bounce on Bessent pick for US Treasury

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SINGAPORE (Reuters) - Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors cheered the appointment of...
Bussiness

Bond futures bounce on Bessent pick for US Treasury

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SINGAPORE (Reuters) - Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors...
Bussiness

Bond futures bounce on Bessent pick for US Treasury

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SINGAPORE (Reuters) - Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors...
Bussiness

Dollar Falls as Treasury Pick Tempers Trump Bets: Markets Wrap

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(Bloomberg) -- The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury...
Bussiness

Bond Market Halts Brutal Run as Buyers Pounce on 4.5% Yields

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(Bloomberg) -- The US bond market is finally showing signs of steadying after a two-month selloff, with investors starting to...
Bussiness

The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation

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WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be...
Bussiness

Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street

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Key Square Capital Management founder Scott Bessent was tapped late Friday by President-elect Donald Trump to be Treasury secretary, bringing...
Bussiness

Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar

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(Bloomberg) -- Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants...
Bussiness

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary

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WASHINGTON (AP) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before...
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