Latest in Dow, Russell 2000 hit new records as investors cheer Trump's Treasury pick
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Musk publicly supports Lutnick for treasury secretary as Trump considers pick
Musk’s comments on X in support of candidate comes amid anxiety over entrepreneur’s proximity to Trump. . Elon Musk has publicly weighed in on Donald Trump’s choice for US treasury secretary, one ...World - The Guardian - November 17 -
After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary
President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.Top stories - The New York Times - November 18 -
Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets
The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.Business - The New York Times - November 20 -
Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs
Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.Business - MarketWatch - November 20 -
‘Three-way tie’: Trump Treasury pick hanging in limbo
President-elect Trump has spent recent days in meetings with potential picks to be his Treasury secretary but so far a final decision is hanging in the balance. Marc Rowan, Apollo Global Management ...Politics - The Hill - 4 days ago -
‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury
Nomination of hedge fund investor follows tumultuous fight for the top US economic postBusiness - Financial Times - 4 days ago -
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.Top stories - CBS News - 4 days ago -
Trump picks hedge fund exec Scott Bessent as treasury secretary
President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...Politics - NBC News - 4 days ago -
Trump announces more administration picks, including treasury secretary
President-elect Donald Trump is continuing to make nominations to key posts in his incoming administration. On Friday, Trump made choices for treasury secretary, CDC director, FDA commissioner and ...Politics - CBS News - 3 days ago -
Warren warns Trump Treasury pick not to interfere with Federal Reserve
Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent, to not interfere with the Federal Reserve. “I have been a fierce ...Politics - The Hill - Yesterday -
How the stock market reacted to Trump picking Bessent for Treasury secretary
The stock market reacted positively to President-elect Donald Trump's pick for Treasury secretary, hedge fund CEO Scott Bessent. CBS MoneyWatch correspondent Kelly O'Grady has more.Top stories - CBS News - Yesterday -
Who Is Scott Bessent? Wall Street Is Delighted by Trump’s Treasury Pick
But it will still be a challenge for the hedge fund manager to keep both the markets and Trump happy.Business - Inc. - 23 hours ago -
Bitcoin sits at record high — and it’s less volatile. How can that be? Here’s the answer.
With bitcoin touching all-time highs again, investors are more confident that the latest bull run will be more sustainable compared to previous cycles, with subdued volatility as the crypto ...Business - MarketWatch - 6 days ago -
Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.Business - MarketWatch - October 29 -
Credit card debt hits record $1.17 trillion, New York Fed research shows
Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.Business - CNBC - November 13 -
Netflix’s stock hits record high after news that Tyson-Paul fight drew 108 million viewers
Netflix says bout was the most-streamed global sporting event everBusiness - MarketWatch - November 19 -
The Who’s Who of Trump’s Staff Picks, and Bitcoin and Stocks Set Records
Plus, Israel’s cycle of war in North Gaza.Top stories - The New York Times - November 12 -
Trump’s Treasury pick is Scott Bessent. He’s said it’s absurd to fear ‘Trump-flation.’
President-elect Donald Trump has selected hedge-fund manager Scott Bessent to serve as secretary of the Treasury Department.Business - MarketWatch - 4 days ago -
Trump's Cabinet picks and flights hit by gunfire in Haiti: Morning Rundown
Marco Rubio, Elise Stefanik, Lee Zeldin, Stephen Miller, Mike Waltz, Ruben Gallego, Kari Lake, Arizona senate results, Spirit Airlines, JetBlue, American AirlinesTop stories - NBC News - November 12 -
Pharma shares hit as Trump picks RFK Jr to lead health department
Choice of vaccine critic knocks some of world’s biggest drugmakers including Moderna, AstraZeneca and GSK. Who is RFK Jr and what are his likely top priorities? Business live – latest ...World - The Guardian - November 15 -
Trump and Harris make final push to break US election deadlock
Presidential candidates descend on Pennsylvania as polls in most crucial swing state show a dead heatBusiness - Financial Times - November 5 -
How violence became a theme of America’s election
Voters are on edge after a campaign season characterised by ‘unprecedented’ levels of extreme rhetoricBusiness - Financial Times - November 4 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
The rehabilitation of KPMG in the UK
The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivalsBusiness - Financial Times - November 19 -
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Launch comes as Chinese internet groups jostle for dominance in hardwareBusiness - Financial Times - November 13