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Scott Bessent

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7 Stories Indexed
Last Updated: Just Now
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Global Markets & Equities Just now (03:55 AM IST)

Bessent Urges Fed to Keep an Open Mind as Inflation Path Remains Unclear

U.S. Treasury Secretary Scott Bessent has urged the Federal Reserve to remain flexible on the inflation outlook, underscoring how policymakers are still parsing mixed price signals even as markets look ahead to the next phase of monetary easing. His comments add to the debate over whether inflation is cooling fast enough to justify a more aggressive shift in rates. The message to the Fed is clear: do not lock in a narrative too early.

By RDU Global Wire6 min read
World Politics & Diplomacy11h ago

Trump Rules Out Bessent as AI Czar, Keeping Treasury Chief in Place

President Donald Trump said Friday that Treasury Secretary Scott Bessent will not be named his artificial intelligence czar, reversing speculation that had circulated after reports from Semafor and Reuters. Trump said Bessent does not want the job and is doing "such a great job at Treasury" that he intends to keep him there.

4 min readRead →
Startups & Venture Capital3h ago

Dextr AI Raises $6.7 Million to Bring AI Agents Into Hotel Operations

Hospitality-focused startup Dextr AI has raised $6.7 million in seed funding led by Elevation Capital, with participation from Foundation Capital, as it looks to expand its AI agents across global hotel markets including India. The company says its software is already handling more than 1 million interactions a month for hundreds of properties across North America and Europe, while automating reservations, guest requests, staffing and marketing.

5 min readRead →
India Sports & Cricket1h ago

Pacers Set Up India-A's Commanding 162-Run Win Over Australia-A

India-A combined incisive new-ball bowling with a decisive spin finish to beat Australia-A by 162 runs in the first unofficial Test at the Siechem Cricket Stadium. Anshul Kamboj and Tushar Deshpande struck early before Shams Mulani and Tanush Kotian closed out the contest shortly after lunch on the fourth day.

4 min readRead →
World Politics & Diplomacy11h ago

Incumbents Hold the Cash Edge in Most of the Tightest U.S. House Races

In the most competitive U.S. House districts heading into the 2026 midterm cycle, incumbents are often entering the final stretch with a major financial cushion. In 11 of 19 toss-up incumbent-versus-challenger races tracked by The Cook Political Report and OpenSecrets, the sitting lawmaker had at least twice as much cash on hand as the opponent, underscoring how money can reinforce the advantages of incumbency even in volatile districts.

5 min readRead →

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