Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's ...

The U.S. loses triple-A credit rating as Moody’s cites Biden-era spending, sparking debate on fiscal responsibility.

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

China has taken aim at a new U.S. rule against use anywhere in the world of Ascend computer chips made by Huawei Technologies ...

Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...

Moody’s was the last among major ratings agencies to keep a top, triple-A rating for US sovereign debt, though it had lowered its outlook in late 2023 due to wider fiscal deficit and higher ...

The two most important pieces to the global trade war puzzle may finally be coming together to prevent an attempted ...

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

If you thought President Donald Trump’s trade war was over, he has some news for you: Tariffs are going up again.

The U.S. Treasury Department Thursday sanctioned two senior Hezbollah officials and two financial facilitators for what it ...