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Supreme Court Lets Texas Use GOP-Drawn Voting Map for 2026

The US Supreme Court cleared Texas to use a new Republican-drawn congressional map for next year’s election, bolstering GOP hopes of picking up as many as five new House seats in the state.

The US Supreme Court cleared Texas to use a new Republican-drawn congressional map for next year’s election, bolstering GOP hopes of picking up as many as five new House seats in the state.
Bloomberg Politics • Dec 4, 11:01 PM
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Ulta Raises Outlook as Demand for Cosmetics Remains Robust

Ulta raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.

Ulta raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies. The company now expects comparable sales to be up as much as 4.7% in the current fiscal year. Ulta guided in August for that figure to be up as much as 3.5%. It also raised its outlook for net sales and earnings per share.
Bloomberg Markets • Dec 4, 10:48 PM
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Many Questions Need Answering: Panetta on Boat Strikes

Former Secretary of Defense, Leon Panetta, states there are a lot of questions that need answering when weighing in on Secretary Pete Hegseth’s orders against a suspected drug-smuggling boat near Venezuela.

Former Secretary of Defense, Leon Panetta, states there are a lot of questions that need answering when weighing in on Secretary Pete Hegseth’s orders against a suspected drug-smuggling boat near Venezuela. Panetta talks about whether or not Hegseth should be removed from his role and if a war crime was committed. Panetta speaks with Joe Mathieu and Amara Omeokwe on the late edition of Bloomberg’s ā€œBalance of Power.ā€ (Source: Bloomberg)
Bloomberg Politics • Dec 4, 10:36 PM
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Hegseth Keeps Trump’s Favor for Now Despite Fresh Missteps

In the high-frequency churn of President Donald Trump’s first term, Defense Secretary Pete Hegseth’s repeated missteps would have fueled guessing games about his imminent firing.

In the high-frequency churn of President Donald Trump’s first term, Defense Secretary Pete Hegseth’s repeated missteps would have fueled guessing games about his imminent firing. In the second, he has maintained White House support — at least for now.
Bloomberg Politics • Dec 4, 10:31 PM
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Japan Life Insurers Keep Hedging for Yen Gains Near 13-Year Low

Japan’s life insurers left their hedging against the risk of a stronger yen near a 13-year low in the fiscal first half through end-September, according to a Bloomberg analysis of earnings reports.

Japan’s life insurers left their hedging against the risk of a stronger yen near a 13-year low in the fiscal first half through end-September, according to a Bloomberg analysis of earnings reports.
Bloomberg Markets • Dec 4, 10:30 PM
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Asia Eyes Cautious Open as US Stocks Tread Water: Markets Wrap

Asian equities were set for a mixed start as a lackluster day on Wall Street weighed on tech stocks and bonds and halted a rebound in Bitcoin ahead of next week’s Federal Reserve decision.

Asian equities were set for a mixed start as a lackluster day on Wall Street weighed on tech stocks and bonds and halted a rebound in Bitcoin ahead of next week’s Federal Reserve decision.
Bloomberg Markets • Dec 4, 10:29 PM
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Asian Stocks Snap Three-Day Gain, Japan Leads Drop: Markets Wrap

Asian equities dropped in early trading following a lackluster session on Wall Street that weighed on tech stocks and bonds, with focus turning to the release of key US inflation data later on Friday.

Asian equities dropped in early trading following a lackluster session on Wall Street that weighed on tech stocks and bonds, with focus turning to the release of key US inflation data later on Friday.
Bloomberg Markets • Dec 4, 10:29 PM
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Asian Stock Rally Falters Ahead of US PCE Data: Markets Wrap

Asian equities fell following a lackluster session on Wall Street that weighed on tech stocks and bonds, with investors keenly awaiting the release of key US inflation data later on Friday.

Asian equities fell following a lackluster session on Wall Street that weighed on tech stocks and bonds, with investors keenly awaiting the release of key US inflation data later on Friday.
Bloomberg Markets • Dec 4, 10:29 PM
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US Stocks Near Record as Traders Shake Off Caution: Markets Wrap

The S&P 500 is set to continue its advance toward a new all-time high as the prospect of interest-rate cuts and confidence in the economy fuel investors’ appetite for risk.

The S&P 500 is set to continue its advance toward a new all-time high as the prospect of interest-rate cuts and confidence in the economy fuel investors’ appetite for risk.
Bloomberg Markets • Dec 4, 10:29 PM
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S&P 500 Futures Push Higher With Record in Sight: Markets Wrap

The S&P 500 is set to continue its advance toward a new all-time high as the prospect of interest-rate cuts and confidence in the economy fuel investors’ appetite for risk.

The S&P 500 is set to continue its advance toward a new all-time high as the prospect of interest-rate cuts and confidence in the economy fuel investors’ appetite for risk.
Bloomberg Markets • Dec 4, 10:29 PM
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US Stocks Cling to Gains as Fed Countdown Begins: Markets Wrap

The stock market crept higher, but stopped short of records Friday, as traders refrained from making big bets ahead of the Federal Reserve’s interest-rate cut decision next week.

The stock market crept higher, but stopped short of records Friday, as traders refrained from making big bets ahead of the Federal Reserve’s interest-rate cut decision next week. Treasuries are on track for their worst week since June.
Bloomberg Markets • Dec 4, 10:29 PM