Bessent Promises a New Fiscal Plan as His Bond Market Intervention Fizzles
The effects of Treasury Secretary Scott Bessent’s extraordinary intervention in the bond market faded quickly on Thursday. One day after Bessent...
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Employers Expect Healthcare Costs to Rise 11.1% in 2027: Survey
U.S. employers expect to see their healthcare costs rise by 11.1% next year, according to a survey by WTW, a global advisory firm. If that estimate...
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Treasury Makes a Surprise Move to Bring Down Borrowing Costs
The bond market has been sending a warning signal this summer. On Wednesday, the Treasury Department responded. After a bond market selloff drove long...
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US National Debt Tops $40 Trillion
The U.S. gross national debt surpassed a record $40 trillion, the Treasury Department said Wednesday. The number serves as a milestone on a path of...
