Brown-Forman announced plans this week to lay off hundreds of workers and close a Louisville facility as the bourbon industry faces an uphill climb.

Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.

The fund manager will face senators at a confirmation hearing on Thursday ...

With five days left in his term, the president delivered his final prime time address on Wednesday and highlighted his accomplishments before he hands over power to President-elect Trump.