flash-finance
Federal Reserve Board announces approval of the application by FS Bancorp, Inc.
Treasury Secretary Scott Bessent’s bold intervention to stem a potentially damaging rise in US borrowing costs has some investors saying the dollar will ultimately pay the price.
The global bond rally triggered by US Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt may prove short lived, with analysts citing persistent fiscal woes and sticky inflation globally.
Ping An Insurance (Group) Co.’s profit rose 36% in the first half, as China’s stock-market rally bolstered investment returns.
ExxonMobil Holdings Corp. has told Kazakhstan that the nation’s top oil field is already on the cusp of peak output and that its production will slump sharply in the coming decade.
Peter Tchir, head of macro strategy at Academy Securities, calls the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “kind of mediocre” and says the Federal Reserve needs to talk about cutting rates and take hikes off the table. (Source: Bloombe
Pop Mart International Group Ltd. warned it will probably miss the 20% full-year sales-growth target it set previously, after what executives described as a more difficult than expected first-half and pressure in overseas markets.
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Moderna stock pulls back after massive one-day rally: analysts weigh in
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Earnings call transcript: J&T Express H1 2026 profit surges as non-China revenue hits 50%
The U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on long-term bond yields but raising questions over its growing influence on financial conditions and the Federal Reserve’s monetary policy strategy.