When Trump was sworn in Jan. 20, the national average price of a gallon of regular gasoline was $3.11. After falling to $3.06 and rising to $3.24 in the subsequent weeks, a gallon on May 12 cost $3.12 ...

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Treasury Secretary Scott Bessent made fresh clarifications on the country’s evolving trade posture, particularly in relation ...

President Trump met with House Republicans on Capitol Hill to press for passage of a wide-ranging bill meant to deliver his domestic agenda. Before the meeting, Mr. Trump blamed “one or two ...

Treasury Secretary Scott Bessent said Walmart will absorb some of President Trump’s tariffs, but warned that consumers could ...

TOKYO (Reuters) -Japanese Finance Minister Katsunobu Kato said on Tuesday he expects any bilateral meeting with U.S. Treasury ...

Japan’s Finance Minister said he’s arranging a bilateral meeting with US Treasury Secretary Scott Bessent this week to ...

Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs ...

The Federal Housing Finance Agency chief also explained an alternate name he's used for the agency in his first speech at a ...

Amid increasing doubts about his economic leadership, Trump has said foreign producers would pay the costs of his new taxes on imports, not consumers.

Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug ...

After speaking with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent echoes President Trump, saying Walmart will need to absorb some of the president’s tariffs. The retailer had warned that ...