Scott Horsley
Stories
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Business
Trump to nominate hedge fund manager Scott Bessent as Treasury Secretary
President-elect Trump plans to nominate hedge fund manager Scott Bessent to be Treasury Secretary. He's been on of Trump's biggest cheerleaders in the financial world.
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Politics
Hedge fund manager Scott Bessent is Trump's pick for treasury secretary
Trump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary. He'll be tasked with moving big parts of the incoming president's agenda, including tax cuts and tariffs.
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Politics
Trump picks Wall Street investor Howard Lutnick as Commerce Secretary
President-elect Trump picked Lutnick, the CEO of investment bank Cantor Fitzgerald, to be his next Commerce Secretary.
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Politics
Why high prices toppled Democrats — and other governments around the world
Voters really don't like inflation. In fact, whenever there's a sustained jump in the cost of living, the party in power often pays a price.
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Economy
Voter frustration with rising prices had a major impact on the election
We look at the impact of inflation on the outcome of the presidential elections this week.
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Business
The Fed cuts interest rates — but Trump's election could make things trickier
The Federal Reserve cut interest rates by a quarter percentage point. How much further rates fall could depend on how President-elect Trump approaches his second term.
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Business
What Trump has in mind for the U.S. economy when he returns to the White House
Stocks are climbing on hopes that Donald Trump's election will boost economic growth. But bond prices are falling, on fears he'll add trillions of dollars to the federal debt.
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Business
Here's what Trump 2.0 means for the economy, from tariffs to mass deportations
Trump has promised to cut taxes and government regulations, slap tariffs on imports and order large deportations of immigrants. Here's how that could impact the economy.
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Economy
What the latest numbers tell us about the economy before the election
This year's presidential campaign has focused heavily on economic issues. We look at the last set of indicators to come out before Election Day.
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Business
Employers added only 12,000 jobs in October. That seems bad -- but there's a catch
U.S. employers added just 12,000 jobs last month — but the number was depressed by a machinists' strike at Boeing and Hurricanes Helene and Milton.
