Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.
Mortgage giant Freddie Mac announced that Kenny M. Smith will be its chief executive officer effective Dec. 17, putting the former Deloitte Consulting LLP vice chairman in a critical position ahead of a long-promised share sale by the Trump administration.
Jasmine Crockett will face an uphill battle in Texas, even with her ability to command attention, explains Bloomberg Opinion columnist Mary Ellen Klas. (Source: Bloomberg)
The US added Colombia’s largest cocaine cartel to its list of terrorist organizations and threatened to use “all available tools” against such groups it is targeting across Latin America.
Here’s a shocker — if you give businesses more time to respond to a survey, chances are you’ll get more data back in return.
President Donald Trump expressed unhappiness with the owners of Paramount Skydance Corp. over CBS News coverage of his presidency, in the latest signal of how he may be leaning in the battle to purchase Warner Bros. Discovery Inc.
Bitcoin is headed for its fourth annual decline in its history, falling as much as 5.2% and is now about 7% lower for the year, with volumes low and investors bailing on Bitcoin ETFs. The bear market means Bitcoin has decoupled from stocks, with the S&P 500 closing at a record earlier this month and up 16% for the year, while Bitcoin has struggled to find a footing, indicating traders are staying on the sidelines, at least for now. MARA Chairman & CEO Fred Thiel, however, expects a great perform
On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the latest US economic data. On today's show, Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Bluestack Strategies Founder Maura Gillespie, Republican Congressman Jason Smith of Missouri and former California Congresswoman Jane Harman. (Source: Bloomberg)
President Donald Trump said he would deliver a prime-time address to the nation on Wednesday night, an opportunity to tout his agenda to voters with polls showing the public souring on his approach to the economy.
Elon Musk, the chief executive officer of Tesla Inc., was an “avowed” ketamine user, White House Chief of Staff Susie Wiles told Vanity Fair, among a series of candid and occasionally critical remarks she made about President Donald Trump’s inner circle in interviews with the magazine.
