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US Stock Market: Bessent-Warsh divide deepens over US interest rates and Treasury market strategyTreasury Secretary Scott Bessent and Fed Chair Kevin Warsh are taking different approaches to US interest rates and the Treasury market. Wh...- After Jeff Bezos’ ex-wife MacKenzie Scott philanthropy, JPMorgan Chase’s Jamie Dimon and wife Judith donate $12 million to 12 HBCUs: Full listJamie Dimon and wife Judith donating $12 million to historically Black colleges and universities: Jamie Dimon and his wife Judith are donat...
- Trump's new economic squeeze on Iran has a big challenge: ChinaThe United States is imposing economic sanctions on Iran's financial networks globally. China, Iran's largest trading partner, presents a s...
- 93-year-old widow Ruth Gottesman gave $1 billion to make medical school free: Why her gift changed Albert Einstein College of Medicine foreverAt 93, widow Ruth Gottesman made a historic $1 billion donation to Albert Einstein College of Medicine in the Bronx, creating a scholarship...
- Michael Dell started his billion-dollar journey in a UT Austin dorm room in 1984; now he and Susan are giving $750 million to build an AI medical campusUS billionaire Michael Dell started his company from a UT Austin dorm room in 1984. Now, more than four decades later, Dell and his wife Su...
- Will not allow pilferage of offerings: SC on 'siphoning' of donations at Shri Banke Bihari TempleThe Supreme Court has ordered all donations to Shri Banke Bihari Temple to be deposited directly. Every penny donated must land in official...
- US ‘by no means’ ruling out kinetic strikes on Iran, including Strait of Hormuz, Pete Hegseth saysUS War Secretary Pete Hegseth said Washington remains prepared to use military force against Iran, including in the Strait of Hormuz, while...
- Hawkish MPC, West Asia conflict cloud rupee, bond yield outlookIn light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears un...
- US Treasury Secretary may have a tough time dealing with yieldsTreasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs ...
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- MacKenzie Scott gave $461 million to California universities over 5 years, without any strings attachedBillionaire MacKenzie Scott donated approximately seven billion dollars in recent years. California public education institutions received ...
- US Treasury bond buybacks spark fresh fears over dollar weaknessThe US Treasury’s expanded bond-buyback programme has raised concerns that efforts to contain long-term borrowing costs could pressure the ...
- Bessent’s bond market push struggles to bring down US borrowing costsUS Treasury Secretary Scott Bessent’s bond-buyback push has offered only limited relief, with long-term Treasury yields rising again. Inves...
- Global Market: Treasury bond buybacks complicate Fed’s path to price stabilityThe U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on...
- US Stock Market: Treasury steps in to curb rising long-duration bond yieldsThe US Treasury has doubled planned buybacks of longer-dated bonds to at least $4 billion per operation, seeking to ease liquidity pressure...
- US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
- US Treasury to double long-dated debt buybacks to battle surging yieldsThe US Treasury will double its buyback operations for long-dated government debt. This move aims to provide liquidity and ease rising bond...
- New York's largest food rescue organization needed urgent funding. Taylor Swift and Travis Kelce's surprise, quiet donation will help them feed millions of people this yearTaylor Swift and Travis Kelce have marked a major moment in their lives with a quiet act of generosity, supporting several charities across...
- Harvard University agrees to pay $53 mn after morgue manager sold body partsHarvard University has agreed to pay a $53 million settlement after its former morgue manager stole and sold body parts donated for scienti...
- High Treasury yields put US fiscal outlook under spotlightPersistently high US Treasury auction yields are raising the cost of refinancing government debt and funding future deficits as investors d...
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