President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary.
President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.
The Supreme Court has stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power.
United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday.
U.S. health officials say at least 15 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 160,000 pounds of potentially tainted ground beef.
Retailer Bath & Body Works offers up its latest financial results on Monday, and on Tuesday the Conference Board issues its consumer confidence report for November.
The low-budget movie "Hundreds of Beavers" has turned into a lo-fi legend. Mike Cheslik's film, made for just $150,000 and self-distributed in theaters, has managed to gnaw its way into a movie culture largely dominated by big-budget sequels.
Cyprus' energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they've discovered close to each other off the island nation's southern coast.
The companies of billionaire Gautam Adani, one of Asia's richest men, showed some signs of recovery on Friday even as controversy and uncertainty continued to roil the Indian tycoon's businesses after he was indicted by U.S. prosecutors for bribery . ...
