Big Bond Buyback, Decline in Home Sales and More of Today’s Top Money News
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Hello! It’s time again for our daily rundown of some of the top financial stories out there. I’m glad you can’t see me though, because last night I gave myself a haircut and, well, it didn’t turn out so great. But enough about my life — here’s the news.
The Big Lead: Treasury Plans $6 Billion Bond Buyback
The U.S. Treasury is buying back at least $6 billion in government debt. That is triple the normal number and significantly higher than the Aug. 19 estimate from U.S. Treasury Secretary Scott Bessent, who told Americans at that time that the move is meant to help markets run smoothly. To gauge how high the concern is for Americans’ wallets and what they can do in response, MoneyLion spoke to a couple experts.
Economy Spotlight: Home Sales Fall
According to the National Association of Realtors, sales of previously owned homes fell 2% in August from July. This marked the slowest pace since June 2025, and signaled serious struggles for homebuyers dealing with high prices and mortgage rates. Read the full story here.
That’s Cool: 5 Ways To Earn $1K in Passive Income Before the Holidays
It’s never too early to build up your bankroll for holiday shopping. Yes, it’s only September, but earning an extra $1,000 in passive income over the next few months can make it easier to give gifts without getting deep into debt. Find out how to make it happen here.
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