
Did Bessent Put the Fed in a Bind?
The Treasury Department’s plan for bond interventions has calmed markets. But Wall Street is worried about the fallout for inflation and more.
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The Treasury Department’s plan for bond interventions has calmed markets. But Wall Street is worried about the fallout for inflation and more.

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There were already several factors rattling investors. A further rise in bond yields is making things more expensive for everyone.

Yields on the 30-year U.S. Treasury and government bonds across the world rose to multiyear highs as investors fret about inflation, deficits and A.I. spending.

Federal prosecutors are reportedly investigating Andreessen Horowitz, the venture capital giant, over board seats it holds.

Paramount’s $111 billion deal to acquire Warner Bros. Discovery has been postponed until the conclusion of a trial, a delay the studio says could cost it millions of dollars.

Some entrepreneurs, including Mark Cuban, are publicly worried about the potential fallout from California’s proposal to impose a special billionaire tax.

Google, Apple, Samsung and upstarts like Oura are racing to integrate data from their wearable devices into the health care system.

The trading platform raised $200 million for a second publicly traded vehicle to let ordinary investors buy into privately held start-ups.

The transaction, hashed out last weekend, reflects the huge profit potential of major sports franchises.