Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick last week about why the administration had not put restrictions on advanced chip sales to Megaspeed.
US Treasury Secretary Scott Bessent, speaking in New York at the National Committee on United States-China Relations, said that the aim of the US is to de-risk, not de-couple from China. Bessent added that the US is working to establish a "direct channel" that will allow both nations to alert the other to incidents involving their “super intelligence” — or AI — models. (Source: Bloomberg)
Trump called affordability a ‘fake word.’ Scott Colom’s ad turned her ‘so many proteins’ line into the race’s defining moment.
The Twitch streamer is seeking $72.5 million from CNN’s Scott Jennings over a spliced clip. His lawyer says Ted Cruz and others should “buckle up.”
US stocks are primed for a year-end rebound as the midterm election removes a source of uncertainty, corporate earnings remain resilient and lackluster investor positioning leaves room for renewed buying, according to Citadel Securities’ Scott Rubner.
The four largest gifts to democracy programs from 2021 to 2025 created or expanded university institutes named for Leonard Schaeffer, the Rooneys, the Karshes, and the Kinders, according to the Chronicle of Philanthropy.
JPMorgan Asset Management’s Bob Michele has some advice for Treasury Secretary Scott Bessent: get rid of the 20-year bond.
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Active Investment Company Alliance Founder & Executive Chair John Cole Scott, Tema ETFs Head of Investment Strategy Paisley Nardini, Subversive ETFs Portfolio Manager Dan Weiskopf, and National Banks of Canada Capital Markets Linda Ma. (Source: Bloomberg)
John Cole Scott, president and & CIO of CEF Advisors, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." Anthropic filed on Oct. 26 for an IPO that’s set to take place before Thanksgiving. Anthropic is seeking to meet or exceed the amount SpaceX raised in its $86.2 billion debut, people familiar with the matter have said. (Source: Bloomberg)
After Treasury Secretary Scott Bessent surprised dealers with his willingness to intervene in the bond market to drive down yields in recent months, Wall Street is now girding for the biggest revamp in guidance for US Treasuries issuance since early 2024.
“When money is psychologically tainted, we often avoid it,” University of Michigan professor Scott Rick told Fortune.
For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said.
The progressive pundit claims the conservative commentator deliberately distorted his remarks to falsely portray him as a supporter of lynching Black people.
