Bessent now says debt-reduction plan could be months away. It will face hurdles when it arrives.
Top officials in the Trump administration have taken the wraps off a plan for tackling the federal government’s persistent deficits. Source：MarketWatch
This near-7% rule looks better for retirees than the 4% rule
The recent bad news from the turmoil in the bond market — which has seen longterm interest rates rising to multidecade highs — is also good news for those…
Should bond investors worry with Warsh running the Fed?
The formerly dramafree investment vehicle, U.S. government debt, is now causing some concern. Source：MarketWatch
Trump to meet with oil execs about cutting gas prices, as his Venezuelan SPR plan faces skepticism
The president and his fellow Republicans look set to focus on affordability as the midterms near. Source：MarketWatch
Bitcoin begins volatile monthly close as US bond yields eye new 20-year high
Bitcoin price action saw sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields. Source：Cointelegraph
The collapse of U.S.-Canada trade talks helped the American aluminum industry. Here’s what Trump should do next.
Some in Washington see aluminum policy as a fight over smelters — the plants that actually make raw aluminum. But the numbers say otherwise. Source：MarketWatch
22 best-performing stocks of August, as the software industry continues its recovery
The energy and technology sectors did well in August, while Moderna’s stock was the best performer by a wide margin. Source：MarketWatch
Sam Altman once called ads a ‘last resort.’ Now OpenAI is on track for $1 billion in revenue from them.
The company is making it easier for businesses across the world to take out ads on ChatGPT. Source：MarketWatch
How to trade a well-paying job for more work-life balance — without going broke
As caregiving demands rise, many professionals are rethinking what success means to them. Source：MarketWatch
Kalshi lays down first lifetime ban for ex-member of Congress George Santos
The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior. Source：CoinDesk
Nvidia just made a $3.5 billion move that could expand its AI empire
An expanded partnership with MediaTek shows that Nvidia is interested in making its AI ecosystem compatible with the world of custom chips, a portfolio manager…
Strive buys 1,800 Bitcoin for $143M, becomes fifth-biggest corporate holder
Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifthlargest publicly traded corporate holder as crypto markets rebound.…