Cardinal Health's Legal Chief Just Filed an Insider Transaction. Here's What to Know
Jessica Mayer holds 33,076 shares valued at $7.77 million.
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Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart
Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength “Look, there’s nothing magic about that $40tn number,” the US Treasury secretary, Scott Bessent, told CNBC insouciantly last week, as the country’s debt mountain surpassed another bleak record.
Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart
Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength “Look, there’s nothing magic about that $40tn number,” the US Treasury secretary, Scott Bessent, told CNBC insouciantly last week, as the country’s debt mountain surpassed another bleak record.
Chinese oil refiner Sinopec’s half-year profit grows 19.3% despite Iran war, falling demand
Result surprising, given how exposed it was to Strait of Hormuz and how Beijing has it absorb price shock.
- Sinopec's net profit grew 19.3% YoY in H1 2026
- Refining margin rose 44.1% to 453 yuan/tonne
- Company wrote down inventories by 16 billion yuan
Social Security's 2027 COLA Is Shaping Up to Be a True Good News/Bad News Situation
Key PointsCurrent projections are calling for a larger COLA in 2027 than this year's 2.8% raise.
Wall Street's Biggest Bubble May Be Popping (No, Not AI), and It Has Dire Consequences for the Stock Market
Key PointsSince early June, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have consistently shrugged off headwinds and blasted to all-time highs.