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VW sells plant in Chinese region of Xinjiang
German carmaker has long resisted pressure from investors and human rights groups to exit the areaWorld - Financial Times - 9 hours ago -
Volkswagen to sell controversial factory in China’s Xinjiang
Volkswagen has faced major criticism from activists and investors over its interest in the Xinjiang factory which it first opened in 2013Business - MarketWatch - 7 hours ago -
Treasury trims fourth-quarter borrowing estimate
The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.Business - MarketWatch - October 28 -
Treasury must compensate Scotland for tax hike - Robison
The Scottish finance secretary has warned a rise in National Insurance could cost the government £500m.Top stories - BBC News - October 31 -
Lobbying World: Treasury appointee joins Cornerstone
Ron Storhaug is joining Cornerstone Government Affairs’s federal government relations team ahead of the 2025 tax fight. Storhaug was previously deputy assistant secretary for tax and budget at the ...Politics - The Hill - November 6 -
Treasury yields are red flag for markets’ Trump euphoria
Markets look through near-term loosening to medium-term picture for inflation and growthWorld - Financial Times - November 11 -
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Bid to soften farm tax change rejected by Treasury
The department for rural affairs suggested exempting some older farmers from having to pay, Newsnight is told.Top stories - BBC News - November 14 -
These 2 men are the front-runners to be Trump's new Treasury secretary
Two prominent supporters of President-elect Trump’s campaign have emerged as the front-runners to lead the Treasury Department during his second administration. Trump has reportedly narrowed his ...Politics - The Hill - November 14 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - November 15 -
Graham: Bessent would be 'outstanding' as Trump Treasury secretary
Sen. Lindsey Graham (R-S.C.) said that Key Square Group founder Scott Bessent would be an “outstanding” choice as President-elect Trump’s Treasury secretary. “I think he’d be outstanding. He’s ...Politics - The Hill - November 15 -
The Race to Lead Trump’s Treasury Dept. Is Becoming a Cliffhanger
Howard Lutnick? Scott Bessent? Marc Rowan? Kevin Warsh? The president-elect’s list of candidates has grown longer, clouding the future of the department.Business - The New York Times - November 18 -
Where Trump's search for a Treasury secretary stands
President-elect Trump is expanding his search to lead the Treasury Department as the jockeying over who will fill the key economic role has spilled into public view. Investor Scott Bessent appeared ...Politics - The Hill - November 18 -
Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - November 19 -
Trump’s hunt for Treasury secretary down to the wire
The jockeying for President-elect Trump’s pick to run the all-important Treasury Department is coming down to the wire. Trump’s economic team will be tasked with imposing an aggressive tariff ...Politics - The Hill - 6 days ago -
Donald Trump narrows in on Marc Rowan for Treasury secretary
Plus, Lebanon pins its hopes on the father-in-law of the president-elect’s youngest daughterWorld - Financial Times - 6 days ago -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 6 days ago -
Trump picks Scott Bessent as Treasury secretary
Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffsBusiness - Financial Times - 4 days ago -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - 4 days ago -
Trump Taps Investor Scott Bessent as Treasury Secretary
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.Business - The New York Times - 4 days ago -
Trump nominates Bessent to lead US Treasury in flurry of announcements
He also announces nominees for labour secretary, housing secretary and surgeon general.Top stories - BBC News - 4 days ago -
Trump taps Scott Bessent to serve as treasury secretary
President-elect Donald Trump has tapped Scott Bessent, a key campaign fundraiser, as his pick for Treasury secretary. If confirmed, Bessent will oversee fiscal policies amid ongoing concerns about ...Top stories - NBC News - 4 days ago -
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.Top stories - CBS News - 4 days ago -
Trump names investor Scott Bessent as Treasury secretary
President-elect Trump on Friday named billionaire investor Scott Bessent to be his Treasury secretary. Bessent would be the key leader of the president-elect’s economic team, which will be tasked ...Politics - The Hill - 4 days ago -
Trump’s Treasury Selection Seen as Calming for Investors
Donald Trump has picked Scott Bessent to serve as Treasury secretary.Business - Inc. - 3 days ago -
The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.Top stories - The New York Times - 2 days ago -
Who is Trump's treasury secretary pick, Scott Bessent?
Scott Bessent, a billionaire hedge fund manager who has helped fundraise for Donald Trump, is the president-elect's choice to lead the Treasury Department.Top stories - ABC News - 4 days ago -
How Scott Bessent won the Treasury secretary battle
Plus, what Trump means for Nato and the future of EuropeWorld - Financial Times - Yesterday -
Treasury yields fall as investors endorse Trump's Treasury secretary pick, await inflation data
U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick and awaited a key inflation reading.Business - CNBC - Yesterday -
Bond investors load up on ‘Magnificent Seven’ debt in bullish move ahead of earnings
Investors have been snapping up bonds issued by Meta, Alphabet, Amazon, Apple and Microsoft.Business - MarketWatch - October 29 -
Jim Cramer explains how rising bond yields could dampen the market's rally
CNBC's Jim Cramer on Tuesday lamented rising bond yields' affect on the market.Business - CNBC - October 29 -
Stocks have rarely been this expensive versus bonds. Now, UBS expects that to change.
Stocks are now expected to weaken versus bonds, argue UBS strategists.Business - MarketWatch - October 30 -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30