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Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said CNBCThe Humbling of Scott Bessent The New YorkerMohamed El-Erian says 30-year Treasury yield at 5.27% signals a structural shift that will make America more expensive Yahoo FinanceTreasury Is Buying Its Own Bonds. Where Is The Money Coming From? Forbes
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Companies have received tariff refunds. What about consumers? Some companies are providing refunds while others decline.
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Temasek-backed Azalea Investment Management has raised more than $1bn across three private equity products, with the launch of its first evergreen vehicle helping offset a substantial reduction in the size of its latest flagship fund-of-funds.
The post Azalea raises $1bn across three PE products, but flagship fund size shrinks 35% appeared first on AltAssets Private Equity News.
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Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
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CEO Ron Vachris' comments came as Costco fights a class-action lawsuit seeking to force it to pass along any government reimbursement.
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Reach Capital has closed its largest fund to date at $265m amid a further expansion beyond the education technology specialism on which the venture manager built its business.
The post Reach Capital raises $265m Fund V as former edtech specialist broadens into health, work appeared first on AltAssets Private Equity News.
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NPR's Danielle Kurtzleben speaks to Wall Street Journal business reporter Theo Francis about refunds some businesses are getting on the billions of dollars they've paid on President Trump's tariffs.
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Topic: New DemocracyPoliticsThe more extreme Trump gets, the more the non-MAGA Republicans, whom I will call the "GOP," would like to be free of him. They always distrusted him, but their desire for power overwhelmed that distrust. The alternative to Trump was the Democrats. Opposition to Trump meant being pushed out of the Republican party like Liz Cheney. Now they live in fear. Only the GOP have the political power to remove Trump. 4 in the House. 4 in the Senate could pass a resolution, including a resolution declaring Trump an insurrectionist. 14 could beat filibuster, 20 could pass veto-proof resolutions or convict an impeachment.
But to "shoot at the king and miss" means the end of their career; all they have worked for. Is there a way the Democrats could help them and save the country, as is their duty?
Trump's threat is this: defy him, and next primary, they'll run a MAGA opponent. Elon Musk will fund that campaign. You'll be out, even in a safe seat.
The Democrats could pledge this: If you are in a safe GOP seat and you vote to be rid of Trump, and they attack you, we won't run anybody in your race. Further, we'll tell our supporters to register as Republicans and vote for you, and if that fails, you can run as an independent, or even a new party called the "Grand Old" party, and we'll tell our supporters to vote for you. One time only, but we'll do what we can, and you'll get 6 more years. It had better be over after that.
This actually costs
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