Treasury Secretary Scott Bessent told an investor summit on Tuesday that he expects the U.S. and China will de-escalate the impasse over tariffs because it’s unsustainable for both countries, FOX Business has learned. Bessent said that while negotiations haven’t started, a deal is possible, a source who attended the investor…

Key takeaways Asset protection trusts (APTs) are tools that offer protection from creditors while the creator of the trust is living. There are three types of APTS — domestic, foreign and Medicaid — all with their own advantages and disadvantages. APTs offer many benefits like wealth protection, tax efficiency and…

Today credit cards have become an essential financial tool, offering convenience and the ability to make purchases without immediate cash on hand. However, with this convenience comes the risk of accumulating debt that can quickly spiral out of control. Understanding how much credit card debt is considered too much is…

The International Monetary Fund (IMF) on Tuesday cut its growth forecasts for the U.S. and other countries due to uncertainty over trade policy and weaker demand. The IMF’s report slashed its 2025 economic growth forecast for the U.S. to 1.8%, slashing 0.9 percentage point from the gross domestic product (GDP) growth rate…