July 8, 2025 - 18:58
U.S. Treasury Secretary Scott Bessent will not attend the upcoming Group of 20 finance ministers and central bank governors meeting scheduled for next week in South Africa. This decision marks the second occasion this year that Bessent has chosen to forgo participation in a G20 gathering in the host nation. According to sources familiar with the situation, an official from the Treasury confirmed that Michael Kaplan, the acting undersecretary for international affairs, will step in to represent the department at the meeting set for July 17-18 in Durban.
Bessent's absence from this meeting follows his decision to skip South Africa's initial G20 finance meeting earlier this year in February, prioritizing attendance at President Donald Trump's first cabinet meeting in Washington instead. The choice to delegate representation at such a significant international forum raises questions about the U.S. commitment to engaging with global economic discussions during a critical time.
October 22, 2025 - 03:23
Raymond James Expands Its Corporate RIA Model with New AdvisorsST. PETERSBURG, Fla., October 21, 2025—Recently, four financial advisors managing a substantial portfolio of $357 million have joined the Corporate RIA affiliation model under Raymond James...
October 21, 2025 - 03:27
US Senate Moves to Repeal Sanctions on Syria Amid Diplomatic EngagementsLess than two weeks ago, the US Senate approved a measure to repeal the 2019 Caesar Syria Civilian Protection Act sanctions on Syria as part of its 2026 defense budget. This significant legislative...
October 20, 2025 - 07:33
PennyMac Financial Services Set to Release Earnings Tomorrow: Key InsightsMortgage banking company PennyMac Financial Services is poised to announce its earnings this Tuesday after the market closes. Investors and analysts are closely watching this report, as it will...
October 19, 2025 - 22:04
High-Income Couple Feels Financial Strain Despite WealthA high-earning couple earning $150,000 annually just sparked a firestorm on Reddit after admitting they feel “broke” despite being debt-free and having $185,000 stashed in retirement accounts....