Book-Sellers Alarmed As AI Giants Shred Millions Of Books

Ugly 7Y Auction Has Lowest Bid To Cover Since September, Biggest Tail Since 2024 After two "terrible" coupon auctions earlier this week, moments ago the Treasury concluded the week's final auction when it sold $44 billion in 7 Year paper. It may not have been quite as terrible as the previous two, but it wasn't much stronger either. Starting at the top, the auction stopped with a high yield of 4.255%, up sharply from 3.790% in February and the highest since Jan 2025. It also tailed the When Issued 4.247% by...

US Treasury Secretary Scott Bessent has said that he isn’t sure how the Iranian delegation attending the UN General Assembly in New York City will get home due to US sanctions targeting Iran’s airlines and threats to sanction countries conducting flights to and from Iran. In an interview with Fox News on Wednesday, Bessent claimed […]

Spencer Pratt Surges In L.A. Mayoral Race As Democrats Grow Nervous Los Angeles mayoral candidate Spencer Pratt, best known for his role on MTV’s The Hills, is gaining traction on online prediction markets, including Polymarket and Kalshi, as well as local polling, after a series of viral campaign videos and last week’s mayoral debate. Pratt’s campaign has released hard-hitting viral ads that have spread across social media like wildfire. His election odds are rising as voters realize that the far-left incumbent, Mayor Karen Bass, and socialist Councilmember Nithya Raman have...