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Treasury Buybacks Fail to Calm Bond Market
Finance

Treasury Buybacks Fail to Calm Bond Market

The Treasury’s surprise decision to at least double buybacks of longer-dated US debt briefly pushed yields lower, but…

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Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
Finance

Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check

Elon Musk argues America’s $40 trillion debt is too big for billionaire taxes to fix, but Bernie Sanders…

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Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank account to buy McDonald’s
Finance

Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank account to buy McDonald’s

Jimmy Donaldson, the world’s most popular YouTuber and founder of $5 billion business Beast Industries, claimed he didn’t…

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Iceland Faces Close Vote on EU Talks
Finance

Iceland Faces Close Vote on EU Talks

Iceland will vote August 29th on whether to resume accession talks with the European Union, with recent polling…

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The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them
Finance

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them

Driven partly by proposed wealth taxes, some of America’s richest people have poured hundreds of millions of dollars…

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Harry, Meghan Head Back to Britain After Six Years
Finance

Harry, Meghan Head Back to Britain After Six Years

Prince Harry and Meghan Markle plan to return to Britain with Prince Archie and Princess Lilibet after six…

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Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up
Finance

Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up

Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond…

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‘It’s a Carry World’: EM Trade Notches Longest Run Since 2008
Finance

‘It’s a Carry World’: EM Trade Notches Longest Run Since 2008

Cathy Hepworth, who heads $1.5 trillion asset manager PGIM’s emerging-markets debt team, doesn’t hesitate when asked about her…

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Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Finance

Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill

Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door…

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Saudis Oil Logistics Roiled Again by Houthis’ Red Sea Threat
Finance

Saudis Oil Logistics Roiled Again by Houthis’ Red Sea Threat

Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world…

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