Financial institution of England sells £750 million really worth of bonds at 1st QE unwind auction

The Financial institution of England on Tuesday warned that “the prospect of self-reinforcing ‘fire sale’ dynamics pose a substance hazard to United kingdom money steadiness.”

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The Financial institution of England obtained reliable need from buyers on Tuesday at its first auction to sell federal government bonds from its 838 billion pound ($961 billion) quantitative easing stockpile.

Investors bid for 3.26 periods the 750 million kilos readily available of gilts with a remaining maturity of 3 to seven many years.

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U.S. fighter jet downed in Iran, search is on for crew, official says

April 3, 2026

A U.S. Air Force F-15E Strike Eagle on 16 July 2020. Nurphoto | Nurphoto | Getty Images The U.S. was searching for the crew of an American fighter jet Friday after it was downed in Iran, a U.S. official told MS NOW. It isn’t clear if the plane was shot down or went down for […]

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U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%

April 3, 2026

The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact. Nonfarm payrolls rose a seasonally adjusted 178,000 during the month, a reversal from the 133,000 decline in February and better than the Dow Jones consensus estimate for 59,000, the […]

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‘Chasing vibes’ — OpenAI’s M&A strategy gets more confusing with TBPN purchase

April 3, 2026

Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images Over 10 months after shelling out an eye-popping $6.4 billion for Jony Ive’s nascent devices startup, OpenAI announced another surprising deal on Thursday, snapping up a media business that streams a three-hour daily tech talk […]