Bessent to propose major overhaul of regulatory body created from financial crisis
In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
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In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
India, which is an emerging AI and cloud infrastructure hub, has witnessed a surge of global tech investment recently.
The price of the precious metal has topped $60 an ounce for the first time ever.
Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.
The delayed core personal consumption expenditures price index for September was expected to show a 2.9% annual increase.
The delayed core personal consumption expenditures price index for September was expected to show a 2.9% annual increase.

The consequences for us all end in a crisis of reality.The errors of economic and monetary managemen

The consequences for us all end in a crisis of reality.The errors of economic and monetary managemen
The firm said layoff plans totaled 71,321 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.

The United States is on the brink of an industrial transformation that could redefine its economic t

The United States is on the brink of an industrial transformation that could redefine its economic t
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

First things first, this is data for September. But we would given this morning's Industrial Product

First things first, this is data for September. But we would given this morning's Industrial Product
Euro zone inflation stood at 2.2% in November, a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday.
Euro zone inflation stood at 2.2% in November, a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday.

A Johor Baru kindergarten owner lost her life savings of RM1.3 million to a non-existent online investment scheme after responding to a social media ad promising returns of up to 41%. Between Nov 6–21, she made multiple transfers to several accounts and was later pressured to “add funds” to release profits that never materialised. She lodged a police report on Nov 28; the case is being probed under Section 420 (cheating).

The US manufacturing sector clearly outperforms all its G7 peers, especially Germany, France, and th

The US manufacturing sector clearly outperforms all its G7 peers, especially Germany, France, and th