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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.

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 ...

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.

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.

How Scott Bessent won the Treasury secretary battle

Plus, what Trump means for Nato and the future of Europe

World - Financial Times - Yesterday

Long-term Treasury bonds log biggest rally in nearly 4 months after Trump picks Bessent

Longer-term Treasury yields ended sharply lower Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget ...

Business - MarketWatch - 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

McDonald's to resume selling its popular Quarter Pounder this week

McDonald's said it would resume selling its Quarter Pounder hamburgers, saying the meat was not the source of E. coli infections that have sickened at least 75 people and killed one man. A ...

We upgraded Stanley Black & Decker stock despite the post-earnings selling

While the numbers were disappointing, the company's turnaround continues to plan.

Business - CNBC - October 29

‘A large part of my life’: a former Banksy associate sells his archive

At a Los Angeles-based auction, Steve Lazarides is preparing to say goodbye to a giant trove of Banksy artwork and memorabilia, expected to make millions. After several tumultuous years, the former ...

World - The Guardian - October 31

‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election

During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...

Business - MarketWatch - October 31

Tech stock sell-off wipes out Wall Street’s October gains

Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early September

World - Financial Times - October 31

Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock

Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.

Giants' loss to Commanders signals it's time to start selling, build for long-term

It was just over a week ago that owner John Mara gave coach Brian Daboll and GM Joe Schoen a vote of confidence. It’s time to see how much those two believe it. If they do, there’s absolutely no ...

Sports - Yahoo Sports - November 4

Mattel CEO: Barbie film was about breaking convention, not ‘selling more toys’

After the success of ‘Barbie’, Ynon Kreiz plans to turn the company’s toy brands into a ‘playground’ for filmmakers

Business - Financial Times - November 4

Slice of Queen Elizabeth and Prince Philip's wedding cake sells for £2k

A bidder from China secures the 77-year-old dessert as it goes under the hammer in Essex.

Top 10 Best-Selling Nintendo Switch Games Of All Time

Best-sellers As it does every three months when it releases a quarterly sales report, Nintendo has provided new sales numbers for the best-selling Switch games of all time. They're all Nintendo ...

Tech - GameSpot - November 5

Lukoil plans to sell Bulgarian refinery to Qatari-British consortium

Deal expected to conclude by end of year in sign of Moscow’s diminishing influence on Balkan energy networks

World - Financial Times - November 5

Take-Two selling Private Division label to unnamed buyer

The indie label under Take-Two is up for sale as the parent company doubles down on triple-A titles like Grand Theft Auto.

Tech - VentureBeat - November 6

Borderlands Movie May Have Bombed, But It Still Helped Sell More Games

There's no sugarcoating the Borderlands movie's success--specifically the lack thereof--at the box office this year. Even Take-Two Interactive CEO Strauss Zelnick knows the "film was ...

Tech - GameSpot - November 7

Should you sell your gold investment as the economy improves? Experts weigh in

Investors may want to consider selling gold to pursue faster growth opportunities or keeping it as a safety net.

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned

World - ABC News - November 7

First artwork painted by humanoid robot to sell at auction fetches $1m

Portrait of English mathematician Alan Turing was created by Ai-Da, one of the most advanced robots in the world. A portrait of English mathematician Alan Turing has become the first artwork by a ...

World - The Guardian - November 8

FirstFT: Trump’s first appointment

Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker pay

World - Financial Times - November 8

We're following one of our core investing rules by selling this industrial stock

As we've talked about the past few days, we want to capitalize on the recent market strength to lighten up on stocks we deem lesser quality.

Business - CNBC - November 8

Trump calls for investigation of 'rumors' he plans to sell Trump Media stock

Donald Trump, majority owner of the Truth Social operator Trump Media, defeated Kamala Harris in the 2024 presidential election.