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Keywords: Scott Bessent


Boeing invests $1 billion to expand 787 Dreamliner production in South Carolina

Boeing has officially launched a $1 billion expansion project at its North Charleston facility in South Carolina, aiming to double production capacity for its popular 787 Dreamliner. The aerospace giant's move comes as it seeks to meet surging global demand for long-haul aircraft and maintain its......

Washington accuses Beijing of making a “Mistake” by restricting rare earth exports

The United States has criticized China’s decision to impose export restrictions on rare earth materials, calling it a “strategic mistake” that exposes Beijing’s use of its dominance in this crucial sector as a political tool. U.S. Treasury Secretary Scott Bessent said......

Global stocks surge amid U.S.-China trade deal progress and Fed rate cut expectations

Global stock markets rallied on Monday as investors celebrated a breakthrough in U.S.-China trade negotiations and growing expectations for another Federal Reserve interest rate cut. The optimism propelled major indices to record highs, signaling a renewed appetite for risk among investors worldwide. Asian......

Bitcoin whale offloads $627 million during market rebound

Despite the recent recovery in Bitcoin prices, long-term holders, including high-profile whales, are offloading substantial amounts of cryptocurrency. One prominent Bitcoin whale sold $627 million worth of BTC within two weeks, even as the market shows signs of stabilization following successful trade......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......

Gold prices drop as US-China trade optimism reduces haven demand

Gold prices fell on Monday as optimism surrounding critical trade negotiations between the United States and China dampened demand for the safe-haven metal. Both nations signaled progress in resolving their prolonged trade conflict, easing market tensions. Spot gold declined by 1.3% to $4,060.80 per......

Trump and Xi to finalize TikTok deal amid broader trade talks

U.S. President Donald Trump and Chinese President Xi Jinping are set to finalize the highly anticipated TikTok agreement during their meeting on Thursday in South Korea, marking a potential breakthrough for the app's future and broader U.S.-China trade relations. TikTok deal to shift majority control......

Russia intensifies strikes on Ukraine as western sanctions escalate

Russian aggression in Ukraine has reached alarming new levels, with President Volodymyr Zelensky revealing that Moscow deployed nearly 1,200 attack drones, over 1,360 guided aerial bombs, and more than 50 missiles in just one week. These strikes, targeting civilian infrastructure and residential areas,......

Oil prices surge toward biggest weekly gain since June

Oil prices have soared to their highest weekly increase in nearly five months, driven by fresh sanctions from the United States and the European Union against Russia's largest oil companies. The measures have sparked fears of supply disruptions, pushing crude futures up by over 5% on Thursday. Brent......

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