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Bessent wrote in the newspaper that the U.S. has proposed that revenue received by Ukraine's government from natural resources, infrastructure and other assets would be allocated to a fund focused on the long-term reconstruction and development of Ukraine, with the U.S. having economic and governance rights in those future investments.

The economy is big, complex and difficult for most people to understand. In reality, the president may not have as much control over the economy as people tend to think -- the Federal Reserve, for...

Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.

Elon Musk is fixated on auditing the Federal Reserve, America’s central bank.

Goldman estimates light oil prices would need to rise by 50 cents per barrel to make medium crude from the Middle East more attractive to Asian refiners, as U.S. Gulf Coast refiners prioritize domestic light crude over imported medium grades.

A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott Bessent's assurance against imminent long-term debt hikes could offer relief in the near term to bond market jitters as fiscal concerns linger. Fed minutes from the January 28-29 rate-setting meeting released this week showed officials weighed a possible pause or slowdown of the Fed's balance sheet reduction, known as quantitative tightening (QT), as a binding government debt cap could complicate the central bank's ability to gauge market liquidity. Meanwhile, Bessent said in an interview with Bloomberg Television on Thursday that, for now, expanding long-dated government debt issuance is not on the table.

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