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CAP

Bitcoin Slide Resumes in a Risk-Off Start to Dec.

Bloomberg Intelligence Senior Research Analyst James Seyffart discusses the evolving crypto and ETF markets.

Bloomberg Intelligence Senior Research Analyst James Seyffart discusses the evolving crypto and ETF markets. Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled. Bitcoin slid as much as 7% to below $85,000 in early New York trading, before paring the decline. Ether dropped around 7% to below $2,800, according to data compiled by Bloomberg. Most tokens followed a similar pattern, with Solana falling around 8%. The crypto...
Bloomberg Markets • Dec 1, 4:48 PM
CAP

Storm to Dump Snow on New England, Canceled Flights Stack Up

A fast-moving storm is dragging a mix of wintry weather across the US Midwest and South, along with delaying flights nationwide, as it bears down on the East Coast where it will drop heavy snow across New England and rain in New York and Washington.

A fast-moving storm is dragging a mix of wintry weather across the US Midwest and South, along with delaying flights nationwide, as it bears down on the East Coast where it will drop heavy snow across New England and rain in New York and Washington.
Bloomberg Markets • Dec 1, 4:38 PM
CAP

New Yorkers Face a Wet Commute as Storm Blows Into Region

A fast-moving storm has delayed flights nationwide and stands to give New Yorkers a slippery commute Tuesday morning before shifting to rain even as it drops heavy snow upstate and across New England.

A fast-moving storm has delayed flights nationwide and stands to give New Yorkers a slippery commute Tuesday morning before shifting to rain even as it drops heavy snow upstate and across New England.
Bloomberg Markets • Dec 1, 4:38 PM
REG

Head of UK OBR Resigns After Early Leak of Reeves’ Budget

Office for Budget Responsibility Chairman Richard Hughes quit his post after taking responsibility for the premature publication of the contents of Rachel Reeves’ annual budget.

Office for Budget Responsibility Chairman Richard Hughes quit his post after taking responsibility for the premature publication of the contents of Rachel Reeves’ annual budget.
Bloomberg Politics • Dec 1, 4:35 PM
REG

RFK Jr. Names Controversial Vaccine Adviser to Senior HHS Role

Health and Human Services Secretary Robert F.

Health and Human Services Secretary Robert F. Kennedy Jr. has named Martin Kulldorff to a senior advisory role within the agency, elevating an anti-establishment scientist who co-wrote a manifesto against lockdowns at the height of the pandemic and said he was fired from Harvard Medical School for refusing to get a Covid shot.
Bloomberg Politics • Dec 1, 4:35 PM
LBO

China Investment Corp Moves to Sell $1 Billion US Private Equity Stakes to Ardian

China Investment Corp (CIC) is nearing the completion of a substantial $1 billion sale of its stakes in US private equity funds, with Ardian emerging as a key bidder. This strategic divestiture reflects CIC's ongoing efforts to reduce its exposure to US private markets amid a broader trend among global investors.

USFM • Dec 1, 4:28 PM
REG

Trump Urges Israel, Syria Talks After Clash Deepens Rift

US President Donald Trump encouraged Israel to maintain a dialogue with Syria after a deadly military operation on the border further strained relations between the two nations.

US President Donald Trump encouraged Israel to maintain a dialogue with Syria after a deadly military operation on the border further strained relations between the two nations.
Bloomberg Politics • Dec 1, 4:23 PM
CAP

'Year-End Pop' in Stocks Could Happen: Schwab's Sonders

Charles Schwab Chief Investment Strategist Liz Ann Sonders says a year-end "pop" in stocks is not out of the question.

Charles Schwab Chief Investment Strategist Liz Ann Sonders says a year-end "pop" in stocks is not out of the question. Speaking with Matt Miller on "Bloomberg Open Interest," Sonders also says she's not ruling out a Federal Reserve rate cute in December. (Source: Bloomberg)
Bloomberg Markets • Dec 1, 4:18 PM
REG

Trump-Backed Candidate Sees Lead Shrink in Honduras Vote Count

The candidate backed by Donald Trump in the Honduran presidential election is holding onto a wafer-thin lead over a man the US leader attacked as a ā€œborderline communist.

The candidate backed by Donald Trump in the Honduran presidential election is holding onto a wafer-thin lead over a man the US leader attacked as a ā€œborderline communist.ā€
Bloomberg Politics • Dec 1, 3:41 PM
CAP

Peru Inflation Rose Less Than Expected to Fuel Rate Cut Outlook

Inflation in Peruvian capital Lima rose less than expected in November, boosting chances that the central bank could cut interest rates after holding them unchanged for two straight months.

Inflation in Peruvian capital Lima rose less than expected in November, boosting chances that the central bank could cut interest rates after holding them unchanged for two straight months.
Bloomberg Markets • Dec 1, 3:32 PM
CAP

Sen. Cassidy Wants to Give More 'Power to the Patient'

Senator Bill Cassidy, a Republican from Louisiana, says he wants to give more "power to the patient" when it comes to buying affordable health insurance.

Senator Bill Cassidy, a Republican from Louisiana, says he wants to give more "power to the patient" when it comes to buying affordable health insurance. He also talks about what can be done to prevent another government shutdown. (Source: Bloomberg)
Bloomberg Markets • Dec 1, 3:30 PM
CAP

Nvidia Buys $2 Billion Worth of Chip Software Maker Synopsys Shares

Nvidia is investing $2 billion in chip-design giant Synopsys.

Nvidia is investing $2 billion in chip-design giant Synopsys. It's a way for Nvidia to take more control of its supply chain. The AI-fueled tie-up is already sending shares of Synopsys surging and stoking new questions about Nvidia’s growing web of strategic bets. Bloomberg Tech Co-host Ed Ludlow joined Bloomberg Open Interest with the latest. (Source: Bloomberg)
Bloomberg Markets • Dec 1, 3:25 PM