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Finance & Markets

Coffee Break: Hegseth, Altman and Zuckerberg, Elite Impunity Run Amock

Pete Hegseth might not seem to have much in common with Mark Zuckerberg and Sam Altman, but all exemplify American elite impunity in late stage American empire.

We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.

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Feds to buy up to $6 billion in Treasury bonds. Here's why.

Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.

  • U.S. Treasury plans to buy up to $6 billion in Treasury bonds.
  • Move aims to curb rising yields and ease borrowing costs.
  • Double bond buybacks to $4 billion to support bond prices.

Dangote Refinery Signs IPO Papers, Unveils US$14.3 Billion Plan to Double Capacity

NIGERIA · MARKETS Key Facts —What happened Dangote Petroleum Refinery signed the offer documents for its initial public offering, or IPO — the first sale of its shares to the public — at a ceremony in…

  • Dangote Refinery completes IPO paperwork in Lagos
  • Plans to double capacity to 1.4 million barrels/day by 2029 at US$14.3B cost
  • IPO, starting Sep 14, would be Africa's largest share sale

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