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The US Treasury Doubles Down on Buybacks

The U.S. Treasury announced yesterday that it will at least double its liquidity-supporting buyback operations for Treasury notes and bonds with 10 or more years to maturity. The current per-operation cap of $2 billion …

UK July inflation hits four-month high as energy costs surge

Prime Minister Andy Burnham has pledged to do what he can to help Britons through “really hard” times as cost pressures mount after figures showed inflation surging to a four-month high and forecasts for more pain ahead.

The critical tech staying safe by going underground

A wall of white granite towered above a small team of engineers gathered in a California quarry. The ancient, ultra-hard material before them was, to most things, completely impermeable.