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The thing is, we honestly didn’t think it was going to be that provocative. In addition to being an excellent writer, Alison Nastasi is an ace trend-spotter, and one of the best things she does for us is comb through Instragram and Pinterest and design blogs, finding beauties, oddities, and in-betweens to make the galleries […]
Jacquelyn Martin/AP Bloomberg reported that Chinese authorities were considering slowing or stopping the purchase of US Treasury debt, but China shot it down as “fake news.” Beijing keeps a big share of its $ 3.1 trillion in foreign currency reserves in US Treasury debt, which is considered safe and easy to trade. BEIJING (AP) — […]
A multibillion-pound bailout is being sought by the UK Ministry of Defence (MoD). It is feared the British military will be devastated by the latest round of austerity measures. A full review of current army, navy and Royal Air Force (RAF) strength must be undertaken so troop numbers are not slashed further and vital equipment […]
Published time: 20 Nov, 2017 02:53 US Treasury Secretary Steven Mnuchin said he takes it as a compliment that he and his wife were compared to villains from a James Bond movie after they went viral for posing with freshly printed dollar bills earlier this week. Mnuchin, a former Goldman Sachs banker, told Fox News […]
People magazine’s annual “Sexiest Man Alive,” which has been awarded in years past to no-brainer selections like George Clooney, Channing Tatum, and Denzel Washington, was announced a couple of days ago, and their pick for 2017 is… interesting? It’s country superstar, The Voice co-host, and Gwen Stefani squeeze Blake Shelton. He seems very nice! And […]
Here’s hoping you had a lovely Halloween, filled to the brim with the traditions of the holiday: festive parties, kids in adorable costumes, sugar comas, and that old favorite, shitty trick-or-treat-inspired political analogies. And now that we have a sentient AOL-address email forward as our commander-in-chief, it probably shouldn’t come as a surprise that his […]
TEN days after he became America’s 45th president in January, Donald Trump vowed to “do a big number on Dodd-Frank”, the elephantine law that recast financial regulation after the crisis of 2007-08. Soon after, he asked his treasury secretary, Steven Mnuchin, to measure all America’s rules (not just Dodd-Frank) against seven broad principles, including the […]
The US Treasury complex is surging after both retail sales and CPI fell short of estimates. Post-data buying has yields down almost 7 basis points in the belly of the curve. Retail sales fell 0.3% month-over-month in May, missing the flat reading that was anticipated. CPI fell 0.1% MoM and rose 1.9% on year-vover-year basis. Here’s […]
Reuters/Mike Segar WASHINGTON (Reuters) – A unit of the U.S. Treasury Department that fights money laundering will provide financial records to an investigation by the Senate into possible ties between Russia and President Donald Trump and his associates, the Wall Street Journal reported on Friday, citing people familiar with the matter. The Senate Intelligence Committee […]
HOW can governments borrow most cheaply? The answer matters hugely for taxpayers. Take America: it has $ 14trn in outstanding national debt, fully three-quarters of GDP. Interest payments alone are expected to reach $ 280bn this fiscal year—ie, more than three times the combined budgets of the Departments of Education, Labour and Commerce. The problem […]
