Bessent Says Trump, Xi Plan Multiple Meetings in 2026
U.S.-China trade relations have stabilized, Treasury Secretary Scott Bessent said Thursday, with the two economic powers now operating in a "very good equilibrium."
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Venezuela, Silver & Greenland: The US-China Power Split Is Reshaping the World
In the aftermatch of the Venezuela coup, the U.S. is entering a dynamic new world order.
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Fed's main gauge shows inflation at 2.8% in November, edging further away from target
Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.
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Inflation Rose to 2.8% in November, Key Gauge Shows
The Federal Reserve's preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated.
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Hassett: New Fed Chair Should Be 'Independent Person' Who Respects Mandates
White House adviser Kevin Hassett, one of the candidates in the running to replace Federal Reserve Chair Jerome Powell, told CNBC in an interview on Thursday that the central bank's new chair should be "an independent person who respects the mandates."
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US 3rd-Quarter Economic Growth Revised Upward to 4.4%
The U.S. economy grew a bit faster than initially thought in the third quarter, the government said Thursday, while corporate profits were also revised higher.
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