Investing.com — Scott Bessent, the fund manager selected by President-elect Donald Trump to head the Treasury Department, faced questions on tariffs, tax policy, and budget deficits during his confirmation hearing. Bessent, who has spent his career in the private sector,

(Reuters) – The Federal Reserve should stay independent, Trump’s pick to be U.S. Treasury Secretary told a Senate panel on Thursday. “I think on monetary policy decisions, the FOMC should be independent,” Scott Bessent told the U.S. Senate Finance Committee, referring

Capital Economics highlighted the progress made by South Africa’s Government of National Unity (GNU) in the six months since its formation, noting improved market goodwill, no recent loadshedding, and eased logistics constraints. The firm acknowledged the improved fiscal position but

By Jennifer Rigby and Christy Santhosh (Reuters) – The World Health Organization called for the international community to step up and fund a scaled-up aid response in Gaza after Israel and Hamas reached a ceasefire deal to end 15 months of

By Makini Brice, Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) – French Prime Minister Francois Bayrou passed the first test of his new minority government on Thursday as he survived a vote of no-confidence called by the hard left after the