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Banking, Economy

“Biden’s Treasury accused of trying to juice U.S. economy pre-election”

“The Treasury Department is being accused of trying to juice the economy ahead of the election, by changing how it finances government spending… The accusation: Short-term debt is becoming a rising share of all outstanding debt, while the share of long-term debt,… Continue Reading…

Business

“Why PepsiCo just sold its Tropicana and Naked juice brands for $3.3 billion”

“PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also retain a 39% stake in the newly formed joint venture. Johnston… Continue Reading…