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Finance News — Page 6

US National Debt Tops $40T, Doubles in a Decade

US National Debt Tops $40T, Doubles in a Decade

US national debt crossed $40 trillion for the first time, more than doubling from 2016 levels ahead of Congressional Budget Office projections, as 30-year Treasury yields spiked to nearly two-decade h

BBC Business · 3d ago
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Bessent Doubles Debt Buybacks to Steady Bond Market

Treasury Secretary Bessent doubled debt buybacks and intervened to steady the bond market and head off rising borrowing costs, while Bloomberg flagged the dollar as the asset facing the biggest downsi

Google News Business · 3d ago
CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion - CNBC

CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion - CNBC

The U.S. Treasury Department intervened to push down long-term bond yields even as America's national debt swelled past $40 trillion, a move Yahoo Finance noted could complicate Kevin Warsh's role at

Google News Business · 3d ago
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Treasury Doubles Debt Buybacks as Yields Surge

The dollar sank to three-month lows as Bessent moved to double Treasury debt buybacks in an effort to steady surging bond yields.

Google News Business · 3d ago
US Futures Rise as Biotechs, Gold Gain; Tech Slumps

US Futures Rise as Biotechs, Gold Gain; Tech Slumps

US stock futures edged up in pre-market trade as biotech and gold rallied while certain tech names slid, with investors weighing Target earnings, Canada tariffs, American Airlines' seatback screens, a

Google News Business · 3d ago
Why Treasury Yields Are Rising, and What That Means for the Economy

Why Treasury Yields Are Rising, and What That Means for the Economy

Treasury yields have climbed to a nearly two-decade high as investor anxiety over the $32 trillion US debt load, inflation, the war in Iran, and AI spending pushes borrowing costs higher across mortga

NYT Business · 3d ago
Bitcoin Jumps 8.7% as Treasury Doubles Bond Buybacks

Bitcoin Jumps 8.7% as Treasury Doubles Bond Buybacks

Bitcoin surged 8.7% to nearly $69,750 on Wednesday—its steepest one-day move since March—after the U.S. Treasury announced it would double long-bond buybacks, triggering $1.14 billion in short liquida

Decrypt · 3d ago
ServiceNow Leads Software Rally on AI Resilience Bets

ServiceNow Leads Software Rally on AI Resilience Bets

ServiceNow's stock spearheaded a software sector rally as investors grew confident that traditional SaaS companies can withstand AI-driven disruption that has shadowed the industry all year.

MarketWatch · 3d ago
Trump bemoans Fed interest rate policy, says U.S. should be paying much less

Trump bemoans Fed interest rate policy, says U.S. should be paying much less

President Trump on Wednesday accused the Federal Reserve board of acting on politics by not cutting interest rates faster, exempted his newly seated chair Kevin Warsh, and compared the 3.5% U.S. rate

CNBC · 3d ago
Everything We Know About ‘Outer Banks’ Season 5 So Far

Everything We Know About ‘Outer Banks’ Season 5 So Far

Netflix's Outer Banks will debut its fifth and final season on August 20, capping a series that launched during the 2020 pandemic and ending the Pogues' quest for Blackbeard's Blue Crown and revenge f

Deadline · 3d ago
U.S. debt balloons to more than $40-trillion after doubling under Trump, Biden

U.S. debt balloons to more than $40-trillion after doubling under Trump, Biden

U.S. total public debt surpassed $40 trillion for the first time on Tuesday per Treasury Department data, more than doubling since Trump first took office in 2017, as long bond yields hit their highes

Globe and Mail Business · 3d ago
Treasury Doubles Debt Buybacks to Ease Bond Yields

Treasury Doubles Debt Buybacks to Ease Bond Yields

The Treasury Department doubled its weekly debt buyback limit to $4 billion, pushing bond yields lower and stocks higher after the 30-year Treasury hit its highest level since 2007, driven by deficit,

NYT Business · 3d ago
Bitcoin.com Adds UAE-Registered USDU Stablecoin to Wallet

Bitcoin.com Adds UAE-Registered USDU Stablecoin to Wallet

Bitcoin.com has integrated USDU, the UAE’s first central bank-registered US dollar stablecoin, into its self-custodial wallet, expanding retail access to the token beyond institutional channels.

Cointelegraph · 3d ago
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Walmart Earnings: The Biggest And Most Influential Retail Report Looms - Investor's Business Daily

Walmart is set to release its second-quarter earnings before the bell on August 20th, in a report widely framed as the most influential retail earnings event of the quarter.

Google News Business · 3d ago
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Unitree Surges 542% in Shanghai IPO Debut

Unitree, a Chinese humanoid robot maker, surged 542% in its Shanghai market debut, with Barron's framing the blockbuster IPO as a positive signal for Tesla's robotics ambitions.

Google News Business · 3d ago
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Bessent Doubles Debt Buybacks to Steady Bonds

Bessent doubled U.S. debt buybacks to steady bond markets, triggering a relief rally — though Politico dismissed the intervention as a 'drop in the bucket' that Wall Street will likely shrug off.

Google News Business · 3d ago
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A New Defense Stock Is Born: Lyntris IPO Set For Wednesday - Investor's Business Daily

Defense contractor **Lyntris** (NYSE: LYNX) is set to begin trading Wednesday after pricing a downsized IPO at roughly $298 million, with shares debuting below the target range amid broader market jit

Google News Business · 3d ago
Trump pushes CLARITY Act at White House crypto summit

Trump pushes CLARITY Act at White House crypto summit

Trump rallied crypto executives at the White House Wednesday to pressure the Senate into passing the stalled CLARITY Act, framing it as essential to keeping the US ahead of China — while a Democratic

Cointelegraph · 3d ago
Broadcom Drags Nasdaq as Dow and S&P 500 Climb

Broadcom Drags Nasdaq as Dow and S&P 500 Climb

Broadcom's sharp stock decline dragged the Nasdaq lower even as the Dow and S&P 500 climbed higher, with one analyst now declaring the chipmaker and the broader semiconductor sector have peaked.

Google News Business · 3d ago
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Ted Cruz takes victory lap as iconic American brand's stock plunges to 12-year low - Fox News

Nike's stock tumbled to a 12-year low after JPMorgan downgraded its shares, and Senator Ted Cruz declared a political 'victory lap' over the iconic brand's decline.

Google News Business · 3d ago

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