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Stocks end little changed as Treasury yields dip. Trump's big tax bill still in focus
Stocks trade on either side of flat shortly after the open as Trump's 'big, beautiful' tax bill moves to the Senate. Deficit worries push yields up.
Asian stocks rise and oil prices slip after Treasury yields ease
Asian stocks have advanced as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt.
Trump bill’s steep price tag surprised bond market, Fed official says
A top Federal Reserve official said the steep cost of President Trump’s major policy bill caught the bond market off-guard, leading to a spike in U.S. interest rates. In a Thursday
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No more pennies: In big change, Treasury will stop minting them
In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation.
Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said of ongoing trade talks.
Trump ambush a sideshow, as South African investors focus on coalition
By Colleen Goko JOHANNESBURG (Reuters) -For investors, the spectacle of South African President Cyril Ramaphosa's fraught Oval Office encounter with U.S. counterpart Donald Trump was little more than a sideshow.
Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,
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