WASHINGTON, DC – The increasing prominence of hedge fund founder Scott Bessent as a top political donor and potential nominee for U.S. Treasury Secretary highlights a significant evolution in the relationship between Wall Street and Washington.
WASHINGTON, DC – The Federal Reserve’s Federal Open Market Committee (FOMC) is set to convene on July 29-30, facing a complex mix of cooling economic data and persistent inflation that complicates its next move on interest rates.
WASHINGTON DC – President Donald Trump has issued a new threat to impose a 25% tariff on Apple if the tech giant does not manufacture its iPhones in the United States. The warning, delivered via his Truth Social platform, underscores a renewed focus on domestic manufacturing and trade protectionism.
OMAHA, Nebraska – Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, announced at the company’s annual shareholder meeting on Saturday, May 3rd, 2025 that he will step down from his role by the end of the year. Greg Abel, the current vice-chairman of non-insurance operations, is set to succeed him, pending board approval. […]
