Business News

President-elect Donald Trump’s transition team is preparing to announce that he has selected Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury secretary, according to people familiar with the matter. The announcement is expected to be made as soon as Friday, said the people, who spoke on condition of … Read more

(Bloomberg) — Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans to sell a minority stake in the unit. Most Read from Bloomberg Hillsboro, Oregon-based Lattice is working with advisers and is seeking a … Read more

J.P. Morgan forecasts lower oil prices in Trump's upcoming term

‘The Claman Countdown’ host Liz Claman reports on the crypto surge after SEC Chair Gary Gensler’s decision to leave his position once Trump takes office.  – While President-elect Trump is busy building his cabinet, the DOGE team is already hard at work  – Wall Street CEO gets nod for commerce secretary, treasury favorite picked after … Read more

SAN FRANCISCO—Brian Millham, President and Chief Operating Officer of Salesforce, Inc. (NYSE:), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Millham sold 14,808 shares of Salesforce common stock on November 22, 2024, at a price of $338.95 per share, totaling approximately $5.02 million. The transactions were … Read more

Scott Bessent sat directly to Donald Trump’s left as the then presidential candidate laid out his economic agenda to a roomful of Wall Street bigwigs at the Economic Club of New York in September.  Following his nomination to the top job at the US Treasury department, Bessent will now move into the spotlight as the … Read more

Trump also said he would nominate Russel Vought to lead the Office of Management and Budget, a position Vought held during Trump’s first presidency. Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. The announcements Friday evening showed how Trump was … Read more

Cardiac device maker Anteris Technologies files for $75M IPO

President-elect Donald Trump nominates Key Square founder Scott Bessent as his pick for Treasury Department secretary. President-elect Trump will nominate Scott Bessent to serve as Treasury Department secretary once he returns to the White House in January, FOX Business’ Charles Gasparino and Fox News’ Rich Edson have confirmed. Bessent, the founder and CEO of global macro … Read more