• Bessent’s Plan To Increase The Amount Spent On Buybacks Of U.S. Debt Didn’t Reassure Investors. Stocks Dropped.

    Stocks dropped on Thursday after Treasury Secretary Scott Bessent’s plan to increase the amount of funds spent on accelerated buybacks on government debt failed to reassure investors on Thursday.The S&P 500 fell 0.87%, while the tech-heavy Nasdaq Composite did so 1%. The Dow Jones Industrial Average underperformed, sinking 1.32%.Speaking to CNBC, Bessent said the Treasury Department is going to “make a market” in longer-dated securities where yields have been climbing. “I would note that it could be more than the 4 billion per issue,” he added, in reference to Wednesday’s announcement that the amount would have that figure as a…

Business

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

World

  • Dunearn House sells 56% of 380 units at average of S$3,140 psf at launch

    A total of 212 of the 380 flats have been sold, with all three-bedders fully taken up [SINGAPORE] New residential project Dunearn House, a Frasers Property-led development in the upcoming Turf City precinct, sold 56 per cent of its 380 units at its weekend launch, with analysts divided on the…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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