In a congressional hearing, Treasury Secretary Scott Bessent argued that the Federal Reserve's independence is contingent on public trust, a trust he claims was damaged by the central bank's handling of inflation. He also defended the right of presidents and lawmakers to comment on monetary policy.
A House Financial Services Committee hearing descended into a shouting match as Rep. Gregory Meeks pressed Treasury Secretary Scott Bessent on oversight of a financial institution tied to former President Trump's family business.
Treasury Secretary Scott Bessent testifies before Congress on the Financial Stability Oversight Council's annual assessment, as the administration navigates economic headwinds and political pressure over trade and inflation policies.
Personal finance guru Ramit Sethi's popular advice to 'spend extravagantly on what you love' is facing scrutiny as retirees and those on fixed incomes grapple with market volatility and economic uncertainty. While the philosophy empowers many, financial experts caution that its core assumptions don't translate seamlessly to post-career life.
The relocation of Devon Energy's headquarters to Houston following its merger strips Oklahoma City of a key corporate citizen, with ripple effects expected across the local economy, philanthropy, and civic influence.
Treasury Secretary Scott Bessent heads to Capitol Hill this week for testimony, with lawmakers poised to question him for the first time since the Justice Department launched an investigation into Federal Reserve Chair Jerome Powell. The hearings are expected to focus on economic performance and regulatory policy, even as the shadow of the probe hangs over proceedings.
In a surprising move blending finance and philanthropy, prediction market platform Polymarket is launching a free grocery store in New York City, opening February 12, alongside a $1 million donation to the Food Bank For New York City.
Josh D’Amaro, the longtime Disney executive set to succeed Bob Iger, credits his unlikely rise from aspiring sculptor to head of a $200 billion empire to a leadership philosophy rooted in humility and intellectual curiosity.
In a bold marketing play, prediction market platforms Kalshi and Polymarket are staging competing 'free grocery' events in New York City, blending philanthropy with brand promotion amid growing regulatory scrutiny.
Court-appointed receiver Phillip Young warns that returning control of insolvent whiskey brand Uncle Nearest to founder Fawn Weaver would trigger immediate foreclosure by lender Farm Credit and a wave of lawsuits, jeopardizing the future of the historically significant brand.
In a candid industry discussion, Galaxy Digital's Zac Prince and host Scott Melker scrutinize the business model of companies built around holding Bitcoin on their balance sheets, suggesting the trend may be losing steam as market focus shifts back to fundamentals.
A 44-year-old Wisconsin man has admitted to a federal charge of coercing and enticing a minor, after authorities say he paid a woman in the Philippines to produce and send him a video depicting the sexual assault of a 13-year-old girl.
JPMorgan Chase expands its Iowa footprint with a new Ames branch, anchoring its arrival with a seven-figure philanthropic package aimed at fueling small business innovation and resilience across the state.
A decade after its contentious split from Ethereum, Ethereum Classic (ETC) remains a footnote in the crypto narrative. As investors look to 2026, we examine the philosophical legacy, technical constraints, and market realities defining this original—but overshadowed—blockchain.
Greg Abel's first major move as Berkshire Hathaway CEO involves reviewing a full exit from the Kraft Heinz stake, marking a potential departure from Warren Buffett's famed 'buy and hold' philosophy and testing investor confidence in the new leadership era.
As the energy sector leads the market in early 2026, ConocoPhillips and Kinder Morgan emerge as compelling picks for investors seeking reliable, growing dividends backed by strong fundamentals and strategic positioning.
Authorities confirm 12-year-old Forever Scott has been found safe following her disappearance from a Portsmouth facility. The search continues for a 16-year-old girl as concerns mount over the safety of vulnerable youth in institutional care.
After a prolonged downturn, the pre-owned watch market saw a modest rebound in late 2025, driven largely by Patek Philippe and Rolex. However, a new report reveals a stark divide, with most brands still struggling with value retention as consumers pivot towards pragmatic purchases.
Amid a flurry of bank mergers and acquisitions reshaping Texas, San Antonio-based Frost Bank is doubling down on its organic growth strategy. CEO Phil Green asserts the bank has "zero interest" in M&A, positioning itself to win customers dislocated by industry upheaval.
Founder Scott Davies steps into executive chairman role as the Welsh honey maker rebrands to Hilltop Food Group and targets doubling turnover within five years through international expansion and new product categories.
