What Business Will Be Watching For in the Trump-Putin Talks

Normalized economic ties between Russia and the West may be a long way off, but there’s global interest in what’s said about sanctions and tariffs.

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The Auctioneer and the Treasury Chief: How Billy Long Fell Short at the I.R.S.

Treasury Secretary Scott Bessent sought total control over the I.R.S., an agency where Mr. Long, the new commissioner, had started to put his own mark on the job.

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Trump’s Pay-for-Play Chips Deal May not Be the Last

The Trump administration’s unorthodox Chinese export pact with Nvidia and Advanced Micro Devices is worrying trade experts.

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U.S. Ethics Agency Warns Bessent Over Conflicts of Interest

The Treasury secretary has been slow to divest assets, including farmland, that he pledged to shed.

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Why Investors Are Again Euphoric About Interest Rates

The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.

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Trump Rules Out Bessent as Replacement for Powell at Fed

With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements to four people.

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Treasury Secretary Says Trump Accounts Could Pave Way to Privatizing Social Security

Treasury Secretary Scott Bessent’s comments about the safety net program ventured onto the so-called third rail of American politics.

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U.S. and China Fail to Reach Immediate Deal to Prolong Trade Truce

After a “constructive” round of talks ahead of an Aug. 12 deadline, Treasury Secretary Scott Bessent said “nothing is agreed until we speak with President Trump.”

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Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts

Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates.

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U.S. and China Meet as Trade Truce Nears Expiration

Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.

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