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July 29, 2024

US Treasury lowers Q3 borrowing estimate to $740B

ISTANBUL: The US Treasury Department announced Monday it expects to borrow $740 billion in privately held net marketable debt, assuming a cash balance of $850 billion by the end of September.

The 3rd quarter figure, from July through September, is $1…

US stocks finish Monday almost flat

ISTANBUL: Major stock exchange in the US finished Monday almost flat.

The Dow fell 49 points, or 0.12%, to end the day at 40,539 and the S and P 500 added just four points, or 0.08%, to 5,463.

The Nasdaq rose only 12 points, or 0.07%, to close the s…