The Treasury Department said it would buy back $6 billion in U.S. government debt, exceeding the amount previously announced in its effort to contain bond yields.
U.S. small-cap stocks have hit a pivotal point, trading below a key level as interest rates in the bond market climb ahead of the Federal Reserve’s highly anticipated policy meeting next week.
Treasury Secretary Scott Bessent has never been accused of being a wallflower, but speaking in front of Southern Methodist University’s business school on Tuesday night, he made perhaps the most strident comment of his government career.
Marc Jacobs might be best known for his catwalk creations, but in 2019, he took on the ambitious project of overhauling a $9.17 million Frank Lloyd Wright–designed property that he purchased on a whim.
Shares in Bombardier lost altitude Tuesday after President Donald Trump threatened to ban the Canadian aircraft manufacturer unless it makes new commitments to build in the U.S.
