Treasury Secretary Scott Bessent said that the underlying economy is healthy and there’s no reason for the US to see a recession, while rejecting the idea of assuring there cannot be a downturn.

Treasury Secretary Scott Bessent said he was not worried about the stock market, as the S&P 500 faced its first market correction since 2023 last week. Bessent said “corrections are healthy,” adding ...

President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.

Cramer also pushed back against Treasury Secretary Scott Bessent's claims that corrections are "healthy" and "normal." ...

Downbeat retail sales data and Treasury Secretary Scott Bessent's comments are adding to worries about the economy.

The S&P 500 closed in correction territory on March 13, with a correction defined as a 10% drop from a recent peak, according to Dow Jones Market Data. A bear market would begin with an even steeper ...

Trump administration officials are defending the president's economic agenda amid concerns over tariffs and a recession that ...

In a Sunday interview with NBC, Bessent warned that there are "no guarantees" the United States will escape a recession. His ...

Donald Trump said there would be no exemptions to his steel and metal tariffs in a blow to Sir Keir Starmer as he seeks ...

Some believe the cryptocurrency could soon reach new all-time highs, despite the broader downturn for the U.S. economy.

US stocks ignored Treasury Secretary Scott Bessent, who didn't rule out a recession. Retail sales rebound in February and the ...

U.S. Treasury Secretary Scott Bessent has said that there are 'no guarantees' that there will not be a recession in the ...