When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a ...

Stocks: After underestimating the past two years, Wall Street strategists are back to being bullish. Year-end targets from ...

CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as ...

Investors are “appreciative” of Trump’s nomination of the “business-as-usual” Bessent as Treasury secretary, remarked one ...

Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the ...

Stock futures were pointing to further gains on Monday, with the market cheered by President-elect Donald Trump choosing Wall ...

In the second MAGA Administration, the hedge-fund manager Scott Bessent will have the job of acting as a voice of reason.

After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent ...

Investors like Scott Bessent because, as a hedge fund founder, he brings to the job an understanding of Wall Street and is ...

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will ...

Wall Street's main indexes closed higher, spurred by Scott Bessent's U.S. Treasury secretary nomination and potential ...