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The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...

Last week, 47 stores across nine states, including California, were identified in court documents as likely to close as part ...

Treasury Secretary Scott Bessent said he and President Trump are considering who would lead the Federal Reserve next. “We think about it all the time,” Bessent said in a Bloomberg TV interview ...