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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
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Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates

Mokha is one of the main ports under Yemen’s internationally recognized government, renovated in recent years to handle shipping that avoids the Houthi-held ports in Hodeida.

By The Associated PressAugust 9, 2026
China’s export engine is cooling—but high-tech demand isn’t.
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By Elaine Kurtenbach and The Associated PressAugust 7, 2026
A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman
Iran says agreement on Hormuz shipping reached with Oman
By Bloomberg and Eltaf NajafizadaAugust 7, 2026
Photo of Trump and Takaichi shaking hands
Yen jumps after U.S. data as traders watch for intervention clues
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Asia needs deeper energy markets if it’s going to achieve its AI ambitions
Asia needs deeper energy markets if it’s going to achieve its AI ambitions
By Guy WolfAugust 6, 2026
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
By Angelica AngAugust 6, 2026
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Economy
How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfallplaceholder alt text
By Eva RoytburgAugust 8, 2026
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Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first houseplaceholder alt text
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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winnerplaceholder alt text
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