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REG

House Republicans Face Infighting, Retirements As Funding Fights Continue

Republican Representative from Indiana Marlin Stutzman says that it would be 'tough' for him to support an extension of Affordable Care Act subsidies into 2026, even as some of his moderate colleagues reach across the aisle to work with Democrats on a solution.

Republican Representative from Indiana Marlin Stutzman says that it would be 'tough' for him to support an extension of Affordable Care Act subsidies into 2026, even as some of his moderate colleagues reach across the aisle to work with Democrats on a solution. Stutzman also weighed in on party infighting between Congresswoman Elise Stefanik and House Speaker Mike Johnson, saying that Republicans should keep criticism 'inside the family.' (Source: Bloomberg)
Bloomberg Politics • Dec 4, 8:12 PM
CAP

Why investors see Friday’s inflation report as a gut check of vibes on the economy

Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed’s last policy meeting of the year.

Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed’s last policy meeting of the year.
MarketWatch - Top Stories • Dec 4, 8:07 PM
REG

Trump Restricts Migrant Work Permits in Immigration Crackdown

President Donald Trump’s administration restricted employment authorization for asylum seekers and other immigrants, the latest bid to increase scrutiny of migrants entering the country.

President Donald Trump’s administration restricted employment authorization for asylum seekers and other immigrants, the latest bid to increase scrutiny of migrants entering the country.
Bloomberg Politics • Dec 4, 8:01 PM
REG

Jobless Claims Fall to Three-Year Low Ahead of Pivotal December Fed Meeting

Applications for US unemployment benefits fell last week to the lowest in more than three years, indicating that employers are still largely holding onto workers despite a wave of recent layoff announcements.

Applications for US unemployment benefits fell last week to the lowest in more than three years, indicating that employers are still largely holding onto workers despite a wave of recent layoff announcements. The low-hire, low-fire job market has kept a lid on initial applications for unemployment benefits, but it has also limited out-of-work Americans’ ability to find a new job. This comes as Federal Reserve officials will decide whether to lower interest rates for a...
Bloomberg Politics • Dec 4, 7:55 PM
CAP

Jane Street’s Trading Haul Juiced by Surging Bet on Anthropic

Jane Street Group’s record haul this year has been boosted by savvy bets on the artificial intelligence boom that are showing up as big gains in its trading results, according to people familiar with the matter.

Jane Street Group’s record haul this year has been boosted by savvy bets on the artificial intelligence boom that are showing up as big gains in its trading results, according to people familiar with the matter.
Bloomberg Markets • Dec 4, 7:53 PM
CAP

Market Doubts Hassett Can Deliver, Meta Cutting Metaverse Budget | Bloomberg Markets 12/4/2025

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street.

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Redfin Chief Economist Daryl Fairweather, Moneta Chief Global Market Strategist Aoifinn Devitt, Bloomberg's Michelle Kaske, Maxwell Adler, Hema Parmar, Lindsay Dutch and Jaewon Kang. (Source: Bloomberg)
Bloomberg Markets • Dec 4, 7:45 PM
REG

Watchdog Report Intensifies Hegseth Scrutiny | Balance of Power: Early Edition 12/4/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the Pentagon watchdog's report of Defense Secretary Pete Hegseth use of Signal.

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the Pentagon watchdog's report of Defense Secretary Pete Hegseth use of Signal. On today's show, McCain Institute Executive Director Evelyn Farkas, Stonecourt Capital Partner Rick Davis, Arc Initiatives Partner Jonae Wartel and Republican Congressman Marlin Stutzman of Indiana. (Source: Bloomberg)
Bloomberg Politics • Dec 4, 7:40 PM
REG

Watchdog Says Hegseth Signal Chat Exposed Details, Risked Troops Safety

Bloomberg Pentagon reporter Tony Capaccio breaks down the inspector general's report into whether Department of Defense chief Pete Hegseth revealed unclassified information in a unsecured signal chat.

Bloomberg Pentagon reporter Tony Capaccio breaks down the inspector general's report into whether Department of Defense chief Pete Hegseth revealed unclassified information in a unsecured signal chat. The newly released report revealed that while Hegseth had the status to declassify the information, he risked endangering troops by revealing the details. (Source: Bloomberg)
Bloomberg Politics • Dec 4, 7:39 PM
REG

Admiral Denies ‘Kill All’ Order in Boat Strike, Lawmakers Say

The US admiral whose strikes on an alleged drug-running boat have drawn bipartisan scrutiny and prompted accusations of possible war crimes told lawmakers on Thursday he was not ordered to kill everyone on board.

The US admiral whose strikes on an alleged drug-running boat have drawn bipartisan scrutiny and prompted accusations of possible war crimes told lawmakers on Thursday he was not ordered to kill everyone on board.
Bloomberg Politics • Dec 4, 7:24 PM
REG

Legal Questions Linger as Admiral at Center of Boat Strike Briefs Lawmakers

Former Defense Department official Evelyn Farkas said the legal justification for US military strikes against suspected drug-smuggling boats is questionable, and those involved could face consequences down the road.

Former Defense Department official Evelyn Farkas said the legal justification for US military strikes against suspected drug-smuggling boats is questionable, and those involved could face consequences down the road. (Source: Bloomberg)
Bloomberg Politics • Dec 4, 7:23 PM
MA

Kimberly-Clark Corporation Acquires Kenvue Inc. in Strategic Merger Deal

Kimberly-Clark Corporation has announced its acquisition of Kenvue Inc. through a structured merger agreement that involves a two-step process. This deal, valued at approximately $21.01 per share for Kenvue shareholders, aims to strengthen Kimberly-Clark's position in the consumer products sector while expanding Kenvue's operational capabilities.

In a significant corporate action, Kimberly-Clark Corporation (K-C) has entered into a merger agreement to acquire Kenvue Inc. This transaction, structured as a two-step merger, involves the merger of a wholly-owned subsidiary of K-C with Kenvue, subsequently leading to Kenvue operating as a direct, wholly-owned subsidiary of K-C. The merger agreement was executed on November 2, 2025, and is poised to create synergies that enhance both companies' market presence in the consumer goods industry. The...
USFM • Dec 4, 7:20 PM
CAP

Wells Fargo Hires Jackie Krese to Head Fund Finance Syndications

Wells Fargo has hired Jackie Krese as a managing director and global head of syndications within its fund finance group, according to a person with knowledge of the matter.

Wells Fargo has hired Jackie Krese as a managing director and global head of syndications within its fund finance group, according to a person with knowledge of the matter.
Bloomberg Markets • Dec 4, 7:11 PM