As U.S. debt surpasses $40 trillion, IMF chief warns economic growth alone won’t solve the problem

The U.S. has a $…

70 million kids now have a Trump Account—but parents have to claim. Here’s who gets the $1,000

The Trump admini…

Michael Hartnett says Mag7 exposed to bond market due to AI investment

It was May 2023 …

Trump made more stock trades in July than Treasury Secretary Scott Bessent made all of last year

President Donald…

Beijing and Washington agree to talk about an AI hotline

Hello and welcom…

Scott Bessent: Government will not be ‘liability shield’ for AI labs amid safety standoff

In the great deb…

Wall Street thought the hiking cycle was over. Now Kevin Warsh has his ‘back against the wall’

The Federal Rese…

 Workers’ share of America’s income is at a record low before the AI boom even begins

The AI productiv…

Bessent becomes most interventionist Treasury chief in decades

With a slew of u…

Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’

The U.S. nationa…

Scott Bessent is ‘sick of hearing about’ the K-shaped economy and declares it’s over

Scott Bessent ha…

Bessent uses moves from his hedge fund days to prop up Japan’s yen—and America’s national debt

Scott Bessent wa…