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Treasury Secretary Scott Bessent downplayed the impact of inflation on lower-income Americans, declaring that the “K-shaped” economy — shorthand for the divergent fortunes of the rich and poor — is a thing of the past. Read more: https://nyti.ms/3RE1pQS - facebook.comfacebook.com · Thu, 06 Aug 2026 23:42:04 GMTBessent Declares Widening Gap Between Rich and Poor ‘Dead’ - The New York TimesThe New York Times · Wed, 05 Aug 2026 23:46:29 GMTDow soars 1,000 points, S&P 500 hits record as Bessent signals Iran deal is close — and Palantir rallies 29% - New York PostNew York Post · Tue, 04 Aug 2026 17:39:00 GMTTalks With Iran to Reopen Strait of Hormuz Make Progress, Officials Say - The New York TimesThe New York Times · Tue, 04 Aug 2026 16:07:38 GMTBessent's call to upsize Fed foreign lending facility may not be risk-free - ReutersReuters · Tue, 04 Aug 2026 13:57:05 GMTUS may have deal with Iran to reopen Strait of Hormuz ‘today or tomorrow’, Bessent says - New York PostNew York Post · Tue, 04 Aug 2026 13:43:00 GMTScott Bessent’s yen intervention signals new era of US ‘currency activism’ - Financial TimesFinancial Times · Tue, 04 Aug 2026 10:37:51 GMTA Currency Trader at Heart, Bessent Bets on Japan’s Yen - The New York TimesThe New York Times · Tue, 04 Aug 2026 04:00:14 GMT