Tag: government policy

The rising price of paying the national debt is a risk for Trump's promises on growth and inflation

WASHINGTON -- WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be a...

Moody's credit rating upgrade for Cyprus opens the door to investment, president says

NICOSIA, Cyprus -- Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will...

What to know about Scott Bessent, Trump's pick for treasury secretary

WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve...

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction,...

Next week: Bath & Body Works, consumer confidence, Fed meeting minutes

A look at some of the key business events and economic indicators upcoming next week.Retailer Bath & Body Works offers up its latest...

Trump's treasury pick could give an indication of what he plans to do about tariffs

WASHINGTON -- President-elect Donald Trump’s decision on a treasury secretary is about far more than whose name will be printed on America’s money....