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CAP

Stocks Hold Steady as Meta Jumps on Deep Metaverse Cuts | The Close 12/4/2025

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Vanguard’s Roger Hallam, PIMCO’s Mohit Mittal, DA Davidson’s Michael Baker, Zoetis’ Kristin Peck, Moor Insights & Strategy’s Patrick Moorhead, BlackRock’s Amanda Lynam, MoviePass’ Stacy Spikes, Your Rich BFF’s Vivian Tu. (Source: Bloomberg)
Bloomberg Markets • Dec 5, 12:13 AM
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Vanguard's Global Head of Rates on Markets, Fed

Roger Hallam, Vanguard Global Head of Rates, says that from a big-picture perspective, investors can be confident in bonds, which continue to play an important role in portfolios as balance, diversification, and an offset to risk.

Roger Hallam, Vanguard Global Head of Rates, says that from a big-picture perspective, investors can be confident in bonds, which continue to play an important role in portfolios as balance, diversification, and an offset to risk. He speaks with Romaine Bostick and David Gura on “The Close.” (Source: Bloomberg)
Bloomberg Markets • Dec 5, 12:00 AM
REG

US Wants Stability With China Instead of Conflict, Greer Says

US Trade Representative Jamieson Greer said the US is prioritizing a stable trade dynamic with China despite a push from some allies to take coordinated action against Beijing.

US Trade Representative Jamieson Greer said the US is prioritizing a stable trade dynamic with China despite a push from some allies to take coordinated action against Beijing.
Bloomberg Politics • Dec 4, 11:59 PM
CAP

These meticulous savers thought they could retire decades early — but soaring health-insurance costs are wrecking their plans

With pandemic-era subsidies for Obamacare set to end in 2026, people in the FIRE community are adjusting their plans to account for bigger health-insurance premiums.

With pandemic-era subsidies for Obamacare set to end in 2026, people in the FIRE community are adjusting their plans to account for bigger health-insurance premiums.
MarketWatch - Top Stories • Dec 4, 11:52 PM
CAP

"Your Rich BFF" Vivian Tu on New SoFi Role, Upcoming Book

Vivian Tu, Your Rich BFF founder and SoFi’s Chief of Financial Empowerment, tells Romaine Bostick on “The Close” that her new book will guide people through affording major purchases, managing money with loved ones, planning for retirement, and building generational wealth.

Vivian Tu, Your Rich BFF founder and SoFi’s Chief of Financial Empowerment, tells Romaine Bostick on “The Close” that her new book will guide people through affording major purchases, managing money with loved ones, planning for retirement, and building generational wealth. (Source: Bloomberg)
Bloomberg Markets • Dec 4, 11:44 PM
CAP

Oil Rises as Traders Focus on Murky Russia-Ukraine Peace Talks

Oil gained, finishing the week positive as investors assessed the murky outlook for a cease-fire in Ukraine and as the commodity pushed past an important technical level.

Oil gained, finishing the week positive as investors assessed the murky outlook for a cease-fire in Ukraine and as the commodity pushed past an important technical level.
Bloomberg Markets • Dec 4, 11:38 PM
CAP

Oil Rises as Traders Focus on Ukraine Peace Talks

Oil gained, finishing the week positive as investors assessed the murky outlook for a cease-fire in Ukraine and as the commodity pushed past an important technical level.

Oil gained, finishing the week positive as investors assessed the murky outlook for a cease-fire in Ukraine and as the commodity pushed past an important technical level.
Bloomberg Markets • Dec 4, 11:38 PM
CAP

PIMCO’s Mittal Says Volatility is Here to Stay

Mohit Mittal, PIMCO Managing Director and CIO of Core Strategies, discusses PIMCO’s big bond bet with Romaine Bostick and David Gura on “The Close.

Mohit Mittal, PIMCO Managing Director and CIO of Core Strategies, discusses PIMCO’s big bond bet with Romaine Bostick and David Gura on “The Close.” He says volatility is here to stay, but it also creates very exciting opportunities in fixed income. (Source: Bloomberg)
Bloomberg Markets • Dec 4, 11:34 PM
REG

Scary Time Right Now: Mayor Carter on ICE Deployment

Mayor of St.

Mayor of St. Paul, Minnesota Melvin Carter (D) states the anxiety level is high in his community and people are fearful after President Trump announced he is planning to send immigration officers to the city to target Somali migrants. Mayor Carter mentions most Somalis in his city are American citizens, the need for public safety to reduce fear, and calls the President's remarks about Somali migrants disgusting. Mayor Melvin Carter speaks with Joe Mathieu and...
Bloomberg Politics • Dec 4, 11:32 PM
REG

US Team Plans to Visit India Next Week for Trade Talks

A team of negotiators from the Trump administration led by Deputy US Trade Representative Rick Switzer plan to travel to India next week to continue talks on a trade agreement, according to an US official.

A team of negotiators from the Trump administration led by Deputy US Trade Representative Rick Switzer plan to travel to India next week to continue talks on a trade agreement, according to an US official.
Bloomberg Politics • Dec 4, 11:21 PM
MA

Old Republic International to Acquire Everett Cash Mutual Insurance Co. in Strategic Conversion and Stock Offering Deal

Old Republic International Corporation has announced a merger agreement to acquire Everett Cash Mutual Insurance Co. (ECM), transitioning ECM from a mutual to a stock insurance company. This transaction, involving a stock purchase agreement valued at $207 million, aims to enhance ECM's capital access and operational capabilities within the specialty insurance market.

In a significant corporate transaction, Old Republic International Corporation (NYSE: ORI) has initiated a merger agreement to acquire Everett Cash Mutual Insurance Co. (ECM), marking a strategic shift for the Pennsylvania-based mutual insurance company. The deal, formalized through a Stock Purchase Agreement dated October 22, 2025, will see ECM convert from a mutual insurance company to a stock insurance company, facilitating the sale and purchase of all authorized shares of ECM to Old Republic Specialty...
USFM • Dec 4, 11:19 PM
CAP

Zoetis CEO: Committed to Livestock Category

Kristen Peck, Zoetis CEO, says the company is committed to livestock, achieving its third consecutive year of above-market growth.

Kristen Peck, Zoetis CEO, says the company is committed to livestock, achieving its third consecutive year of above-market growth. She tells Romaine Bostick on “The Close” that Zoetis is focused on breeding healthier animals and providing vaccines and preventatives to keep them well. (Source: Bloomberg)
Bloomberg Markets • Dec 4, 11:08 PM