Finance ministers from world's biggest economies have dropped an anti-protectionist commitment after opposition from the US. G20 ministers left the two-day meeting without renewing their...
US Treasury Secretary Steven Mnuchin on Thursday announced his department is suspending contributions to government retirement and disability funds in order to keep the country's debt under the...
Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U. S....
President Donald Trump will meet with Main Street community bankers on Thursday to learn more about their difficulties in complying with the tougher Dodd-Frank financial regulations enacted after the...
The US Commerce Department on Tuesday confirmed a picture of sluggish growth in 2016, with the world's largest economy growing at its slowest pace in five years. The updated figures left prior...
Billionaire investor Wilbur Ross is expected to be easily confirmed as U. S. Commerce Secretary on Monday, clearing President Donald Trump's top trade official to start work on renegotiating trade...
Asian markets kicked the week off with broad losses Monday, with Tokyo hit by a stronger yen, as the global Trump rally shows signs of fragility ahead of a key speech by the new president to...
Donald Trump will have a chance to breathe new momentum into his month-old presidency in an address to Congress Tuesday night, but he will need to strike the right tone -- far from his score-settling...
The United States has rekindled interest in ultra long-term debt, including possibly a rare century bond, to lock in the current very low borrowing rates. "I think it's something that we should...
Wall Street opened lower Friday, taking a break from the steady rally of the past three weeks, amid a generally cautious move in global markets. Twenty minutes into trading, the Dow Jones Industrial...
President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's...
Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses as the "Trumpflation trade" lost momentum. World stocks have...
US Treasury Secretary Steven Mnuchin said Thursday tax cuts and reduced regulations, including on banks, will boost economic growth to three percent by the end of next year. "I think it's very...
Moscow has deployed a cruise missile in an apparent treaty violation, a senior military official told CNN Tuesday. The move is just the latest in a string of Russian provocations in the early days of...
The US Senate on Tuesday easily confirmed billionaire professional wrestling tycoon Linda McMahon to head the Small Business Administration, filling another position in President Donald Trump's inner...
The US Senate confirmed Wall Street banker Steven Mnuchin to be the next secretary of the US Treasury, overcoming fierce Democratic objection of yet another nominee to President Donald Trump's...
Vermont Sen. Bernie Sanders accused President Donald Trump of falling short of commitments to middle-class voters, pointing to his Cabinet and senior advisers' ties to Wall Street. "This guy is a...
U. S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump. But many Europeans...
President-elect Donald Trump's choice for Treasury secretary, Steven Mnuchin, will defend his banking record in the aftermath of the financial crisis on Thursday and sell senators on why he should be...
U. S. House of Representatives Speaker Paul Ryan met late on Monday with top members of President-elect Donald Trump's transition team to discuss their 2017 tax reform agenda. The high-level meeting,...
