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.
June 4, 2026 - 18:34
Eastern Bank Provides Financing To Support Surety Bond Professionals’ Transition To Employee OwnershipBOSTON, June 04, 2026 -- Eastern Bank has provided financing to help Surety Bond Professionals, a Massachusetts-based independent agency focused exclusively on surety bonds, become a fully employee...
June 4, 2026 - 07:25
Why Social Security checks could be $500 less each month by 2032A new analysis projects that monthly Social Security checks could shrink by as much as $500 within the next decade if lawmakers fail to address the program`s growing funding shortfall. The warning...
June 3, 2026 - 18:55
Peloton Interactive (PTON) Appoints Sid Thacker as New Chief Financial Officer Effective June 22Peloton Interactive has appointed Sid Thacker as its new Chief Financial Officer, with the transition taking effect on June 22. Thacker joins the company from Rent the Runway, where he served as...
June 3, 2026 - 04:32
Cotality Joins Snowflake Initiative to Define Standards for Agentic AI Financial Services Through the Open Semantic Interchange (OSI)IRVINE, Calif., June 02, 2026 -- Cotality has joined the Snowflake-led Open Semantic Interchange (OSI) Financial Services Working Group, a move aimed at reducing data friction and creating...