The idea of using tariffs for anything other than paying down U.S. debt or funding the government's spending commitments isn't popular in the bond market. That means any tariff checks could backfire ...

US consumers, a sentiment that could soon be put to the test as tariff-fueled price hikes increasingly show up on shelves. On ...

Walmart's gross profit rate improved to 24.5% from 24.4%. This is a key metric for Walmart in the current political environment, given the company's previous comments that it couldn't absorb the full ...

Wall Street traders kept piling into bets that the Federal Reserve will soon be able to cut interest rates, with stocks ...

Subscribers to Amazon.com's Prime service can now get strawberries, milk, meats and frozen dinners on the same day they order ...

President Donald Trump fired Billy Long as commissioner of the Internal Revenue Service, with Treasury Secretary Scott Bessent to serve as acting commissioner, sources said Friday.

President Donald Trump's pick for IRS commissioner is moving on. Here's who else has had the job this year and why they left.

Bessent Leads Search For New Fed Chair Bessent is leading the search for a new Federal Reserve chair, following Trump’s repeated calls for the central bank to lower interest rates.

U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an expanded list that includes a longtime economic consultant and a past ...

Washington — Billy Long, the commissioner of the IRS, is leaving his post after just two months on the job. President Trump will nominate Long to serve as ambassador to Iceland, the outgoing IRS ...

Trump Fires IRS Commissioner, Bessent Named Acting Head by Daily Caller News Foundation August 8, 2025 at 5:01 pm in News, Wire ...

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before year-end amid tariff concerns.