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The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
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Recap: Defense in Lindsay Clancy trial rests, prosecutors call 1st rebuttal witness NBC BostonExpert witnesses give dueling assessments of whether Lindsay Clancy was in psychosis the day she killed her children The Boston GlobeLindsay Clancy told children "go to God" during murders, prosecution psychiatrist says at trial CBS NewsLindsay Clancy murder trial day 17: What she told hospital chaplain The Patriot Ledger
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Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports.
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Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
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