President-elect Donald Trump today said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ending days of twists that saw high profile candidates pitted against each other ...

On Nov. 13, banker Howard Lutnick, who was leading a transition team to vet personnel and draft policy, emerged as a top ...

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

U.S. stocks could start their year-end rally as early as this week, a top Wall Street analyst suggested Friday, as markets ...

We recently published a list of 15 AI News You Should Pay Attention To. In this article, we are going to take a look at where ...

Investor Scott Bessent has spent his career in finance, working for macro investment billionaire George Soros and noted short ...

Gold has traditionally been used as a hedge against inflation and unstable economies. As per Joseph Cavatoni, senior market ...

However, their FY 25 guidance on the NIM side wasn't too optimistic. Based on the pressures that the bank would face ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Trump's return brings pro-growth policies, including tax cuts and deregulation, but risks of economic overheating and ...

In the hedge fund industry, Bessent is respected for his consistent track record and his ability to maintain strong ...