Krishna Guha, vice chair and head of central bank strategy at Evercore ISI, says the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “certainly complicates things” for Federal Reserve Chairman Kevin Warsh, but won’t impact the central bank’s September decision on interest rates. (Source: Bloomberg)
Berkshire Hathaway has acquired an indirect investment in SpaceX, valued around seven hundred million dollars, through its ownership of Alphabet shares.