Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
Category: Currency
Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed policies will have the opposite effect.
Stocks and the Dollar Jump After Trump Wins Presidential Election
Bitcoin hit a record, Tesla stock soared and a wide range of markets around the world moved sharply as Donald J. Trump claimed victory.
How Stock, Bond and Currency Markets Could Respond to the Election
Investors are considering the candidates’ policies and historical trends to bet on where stocks, bonds and currencies are headed.
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
How West Africa Can Reap More Profit From the Global Chocolate Market
Resource-rich countries like Ghana are often cut out of lucrative parts of the business like manufacturing. The “fairchain movement” wants to change that.
Roaring Back From Pandemic, Japan’s Economy Grows by 6 Percent
The rapid expansion came as exports have risen and tourists have flooded the country. But a drop in domestic consumption worried economists.
A Strong Peso Gives Mexicans Working Abroad Less Bang for Their Buck
The peso’s soaring value means the money that Mexicans in the United States send home doesn’t go as far as it used to.