13th August 2024

  • US Budget Deficit Hits $1.5 Trillion as Fiscal Year Nears End

Higher interest costs have posed major drag on budget

Revenue gains helped to narrow gap for month of July

https://blinks.bloomberg.com/news/stories/SI41PJDWX2PS

  • Key Fed Facility Seen Stagnating at $300 Billion Amid Pressures

Reverse repurchase usage rose to $329 billion on Monday

Dealer balance sheets are constrained amid Treasury supply

https://blinks.bloomberg.com/news/stories/SI3ZC2T1UM0W

  • Musk Cozies Up to Trump in Glitchy Conversation on X Platform

Musk blames cyber attack for 40-minute delay to event

Audience for GOP nominee, world’s richest man hits 1.3 million

https://blinks.bloomberg.com/news/stories/SI4XPADWLU68

  • UK Unemployment Dips Unexpectedly In Sign of Economic Strength

Companies are hiring much faster than economists expected

Wage growth in latest quarter slowed in line with forecast

https://blinks.bloomberg.com/news/stories/SI57ULDWLU68

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