Business

Pressure on bonds abates as Treasury announces buybacks. What may come next.

Pressure on bonds abates as Treasury announces buybacks. What may come next.

The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.

Hedge funds are about to jump into prediction markets in a big way

CNBC

Hedge funds are about to jump into prediction markets in a big way

Cantor Fitzgerald will be one of the first investment firms providing its clients institutional trading on prediction market platform Kalshi.

CNBC

Singapore plans tax, visa incentives to boost fund industry

South China Morning Post

Singapore plans tax, visa incentives to boost fund industry

Singapore will introduce tax exemptions on profits earned by fund managers and make it easier for investment professionals to obtain visas as it seeks to head off growing competition in the asset management sector, the central bank has…

South China Morning Post

Lewes derailment: images show track defect before incident on hottest day

Lewes derailment: images show track defect before incident on hottest day

Network Rail and Southern owner GTR apologise after investigators reveal picture of possible heat-buckled track Rail operators have apologised after a report into last Thursday’s train derailment in East Sussex found a “track geometry…

Freefall: A Reckoning for Boeing review – like a horror movie … only this is real life

Freefall: A Reckoning for Boeing review – like a horror movie … only this is real life

In 2022, Rory Kennedy exposed the aviation safety scandal in which 346 people died – but since then, a plane door has blown out mid-flight and more whistleblowers have come to the fore. Will anyone pay for this? It is unfortunate that a…

Boosting Bond Buybacks Is Tactical Move, Bullard Says

The US Treasury says it will be buying back more longer-dated debt, a move designed to stop the surge in long-end yields. Former St. Louis Fed President James Bullard says this seems like an important tactical move, but it won't change the…

Unitree's viral dancing, rollerblading robots make a 600% stock market debut

Euronews

Unitree's viral dancing, rollerblading robots make a 600% stock market debut

Unitree, known for its dancing and backflipping robots, saw shares surge as much as 629% on its Shanghai stock market debut.

Euronews

Putin calls Russia’s economic growth modest but positive

The head of state noted that economic growth is being impacted by a number of factors, including external pressure and terrorist attacks on industrial and infrastructure facilities

I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?

I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?

“I do believe very much in delayed gratification.”

Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls

Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls

Google will also get the option to purchase about $12 billion worth of Marvell’s stock.

US Treasury Increasing Long-Dated Buyback Cap to at Least $4 Billion

The US Department of the Treasury announced it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon securities to at least $4 billion per operation, effective September 9, 2026…

Presidential advisor praises US journalists’ accounts of Russia as ‘soft power tool’

In particular, Anton Kobyakov mentioned Tucker Carlson's and Candace Owens' statements about Russia