The US Treasury announced it will double its buybacks of long-term debt from $2 billion to at least $4 billion to counter a recent selloff that pushed yields to uncomfortable levels. This move aims to lower the 10-year Treasury yield and ease borrowing costs, but critics warn it could fuel inflation, increase reliance on short-term debt, and pressure the Federal Reserve to support fiscal policy. The Treasury's strategy involves replacing long-term bonds with short-term bills, which may raise the government's sensitivity to interest rate changes and complicate the Fed's inflation control efforts. The situation highlights tensions between Treasury Secretary Scott Bessent's efforts and Fed Chairman Kevin Warsh's goals, with upcoming discussions expected at the Jackson Hole symposium.
Morpho unveiled its first UV desktop printer at IFA 2026, capable of printing vivid, textured designs on materials like wood, glass, leather, and metal. The printer features high precision, fast speeds, and a compact design suitable for desktop use, ...
Goldgroup Mining announced positive assay results from the first six drillholes in its 26,000-metre drilling program at the San Francisco Gold Project in Sonora, Mexico. The results show higher-grade gold intervals and broader mineralized zones, supp...
Lumentum is seeing strong market share gains driven by early execution of its 1.6T optical modules, with quarterly revenue surpassing $200 million. Increasing orders for optical circuit switches and higher demand for 1.6T modules support earnings pro...
Aptos has introduced Confidential APT on its mainnet, allowing users to encrypt token balances and transfer amounts while keeping wallet addresses visible. This feature uses zero-knowledge proofs and homomorphic encryption to ensure transaction valid...
Arthur Hayes, BitMEX co-founder, criticizes the Digital Asset Market CLARITY Act, arguing it won't enhance Bitcoin's value and urges President Trump to veto it. Hayes believes Bitcoin's price depends on fiat currency supply, not regulations, and warn...
