Treasury raises quarterly borrowing estimate to $739 billion
Treasury raised its July-to-September borrowing estimate by $68 billion as CBO put the 2026 deficit at $2.1 trillion, with implications for rates.
U.S. Treasury
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U.S. Proposes Cutting Banque Misr UAE From Dollar Access
FinCEN proposed barring U.S. correspondent accounts for Banque Misr’s UAE branches as OFAC separately sanctioned two Iran-linked facilitators.
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Treasury to double selected long-term bond buybacks Sept. 9
Treasury will raise selected long-term bond buybacks to at least $4 billion per operation beginning Sept. 9, but the move will not reduce federal debt.
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AppLovin shares plunge 19.7% as U.S. stocks edge lower on August 6
AppLovin shares fell 19.7% after mixed quarterly results as U.S. stocks edged lower, oil prices rose and the S&P 500 earnings season approached its final stretch.
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CBO estimates federal deficit reached $1.4 trillion through first nine months of fiscal 2026
The Congressional Budget Office says the federal deficit was $35 billion higher than during the same period last year, as outlays grew faster than revenues.
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North Carolina begins Opportunity Zone nominations for 202 census tracts
North Carolina’s Department of Commerce is advancing nominations for 202 census tracts under the federal Opportunity Zone program, a state-level step that could shape where private investors focus future projects.