Toll Brothers rises as luxury buyers weather housing slowdown

Toll Brothers Inc. shares rose the most since June after the luxury homebuilder said its affluent customer base remains financially resilient and has helped bolster the company’s business even in a challenging environment for the US housing market. Processing Content For the three months through July, Toll reported a 5% increase in signed contracts from […]

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Bessent deploys debt buybacks in sign of concern over yield rise

US Treasury Secretary Scott Bessent made a fresh attempt to rein in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Processing Content Just two weeks after releasing its planned schedule for buybacks this quarter, the Treasury Department on Wednesday said it’s “increasing, by at least double, the size of liquidity support buyback

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