The U.S. Treasury will continue with its ⁠regularly ⁠scheduled debt auctions, including for long-dated bonds, despite its ⁠move to increase buyback sizes of 10- to 30-year securities, Treasury Secretary Scott Bessent said on Monday. Asked at a ​news conference focused on Iran sanctions about Treasury’s plans for bond buybacks and auction sizes going forward, Bessent said the department would “continue with our regular program of auctions” announced in early August. He ‌added

Nvidia’s earnings report and the Federal Reserve’s Jackson Hole ​symposium will test the assumptions behind this year’s stock market rally, offering clues on whether the AI-driven surge in equities can withstand rising uncertainty ‌over growth and interest rates. Global bond yields surged last week, sending the 30-year Treasury yield to its highest level since 2007, pressuring stocks and raising concerns about borrowing costs for households and companies investing heavily in

President Donald Trump speaks during an event with cryptocurrency and technology leaders at the White House in Washington on Wednesday, Aug. 19, 2026. Trump, who has amassed enormous wealth in crypto, called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor. (Doug Mills/The New York Times) By DAVID YAFFE-BELLANY and SHARON LaFRANIERE President Donald Trump met with crypto executives at the White House earlier this week, voicing

U.S. Treasury Secretary Scott Bessent on Thursday said he may increase again the volume of Treasury bonds the government will repurchase, ​a day after surprising the market with plans to double them. “We’re going to increase the size of the ‌buyback,” Bessent said in a CNBC ‌interview. “I would note that it could be more than the $4 billion per issue.” The Treasury on Wednesday announced that it would double the size of buybacks on longer-dated securities over the next quarte

From left, Eduardo Ferrer, owner of Marriott Isla Verde Beach Resort; Peter Hopgood, president of International Hospitality Development; Efrain Rosa, general manager of Marriott Isla Verde Beach Resort; Cristina Torres, CMO of the Puerto Rico Tourism Company; and Arnold Benus, owner of Marriott Isla Verde Beach Resort. By THE STAR STAFF A $38 million Puerto Rican investment has transformed a long-standing Isla Verde hotel into the new Marriott Isla Verde Beach Resort, marking

The main U.S. stock market indexes closed modestly higher on ⁠Wednesday, ⁠as easing government bond yields boosted risk appetites while a ⁠dramatic rally in shares of vaccine-maker Moderna drove gains in the healthcare sector. Investors barely reacted to minutes from the U.S. Federal Reserve’s ​July meeting, which showed deepening concern about inflation with “several” policymakers ready to raise interest rates. “Many” said a rate hike would be needed if inflation does not de

Spotify, LinkedIn and others are trying to dig out of a digital sewage heap full of low-quality content made with artificial intelligence. (Lia Sued C./The New York Times) By TIFFANY TSU The worst of artificial intelligence slop has cluttered Google searches with recipes for glue-topped pizza, Amazon listings with sham biographies and Facebook feeds with images of Shrimp Jesus. The digital sewage heap has sprawled across tech platforms, cheapening meaningful content and poll

U.S. government bond yields eased slightly on Tuesday, though longer-dated yields remained near multi-year highs after the 30-year Treasury yield earlier touched a level not seen since 2007. The move came as fears of an escalating ​Middle East conflict stoked inflation worries and weighed on stocks. Oil prices were slightly higher, gaining for a third straight session, as prospects for a U.S.-Iranian peace deal dimmed after Tehran ‌said it would adopt a more offensive stance

A shopping cart at Sam’s Club in Brandon, Fla., May 27, 2026. Government data released last week showed that consumer prices rose 3.4 percent in July from a year earlier, outpacing a 3.2 percent increase in hourly earnings over the same period. (Zack Wittman/The New York Times) By BEN CASSELMAN Americans’ paychecks are losing ground to inflation. Again. Government data released last week showed that consumer prices rose 3.4% in July from a year earlier, outpacing a 3.2% incre

Investment firm ⁠General ⁠Atlantic has tapped ⁠JPMorgan Chase to lead its initial public offering, ​according to a source familiar with the matter, reviving listing ‌plans that had been ‌stalled for nearly three years. The New York-based company has ⁠also ⁠hired Morgan Stanley and Goldman Sachs for the IPO, which ​could take place as soon as this year, the source said. The source, who requested anonymity because the discussions were private, ​said talks are ongoing and offeri