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UBS Hits 17-Year High as Lawmakers Float Capital Compromise

A group of influential Swiss lawmakers proposed watering down the capital demands that the country wants to impose on UBS Group AG, sending shares to a 17-year high.

A group of influential Swiss lawmakers proposed watering down the capital demands that the country wants to impose on UBS Group AG, sending shares to a 17-year high.

Senate Rejects Obamacare Credit Renewal, Teeing Up Premium Spike

The Senate rejected a pair of partisan measures addressing the impending expiration of Obamacare subsidies, setting up a Jan.

The Senate rejected a pair of partisan measures addressing the impending expiration of Obamacare subsidies, setting up a Jan. 1 spike in health insurance premiums for more than 20 million Americans.

Berkshire’s New Top Boss Looks to Make Buffett’s Empire His Own

Greg Abel is taking the reins of Berkshire Hathaway, a $1 trillion conglomerate, and will also be in command of a $382 billion war chest.

Greg Abel is taking the reins of Berkshire Hathaway, a $1 trillion conglomerate, and will also be in command of a $382 billion war chest. Abel's ascension to the top role means he will oversee the firm's insurance operations and manage its roughly $280 billion stock portfolio, areas where he lacks a track record. Bloomberg's Alexandre Rajbhandari joins Bloomberg Intelligence to discuss. (Source: Bloomberg)

Blackboxstocks to Merge with REalloys in Strategic Move to Enhance Market Position

In a significant corporate action, Blackboxstocks Inc. has announced its merger with REalloys Inc., a move poised to create a stronger combined entity in the financial technology space. The merger, valued at an undisclosed amount, is set to enhance shareholder value and expand product offerings.

In a strategic development within the financial technology sector, Blackboxstocks Inc. (NASDAQ: BLBX) has entered into a merger agreement with REalloys Inc., effective March 10, 2025. This transaction involves Blackboxstocks' wholly owned subsidiary, RABLBX Merger Sub, Inc., merging with REalloys, with REalloys continuing as the surviving corporation. Following the merger, the combined entity is expected to be renamed REalloys Inc., enhancing visibility in the market. The financial implications of this merger are notable. REalloys stockholders...

US trade deficit shrinks to smallest since 2020 as gold exports jump

Figures for September raise hopes that GDP growth in third quarter was stronger than forecast.

Figures for September raise hopes that GDP growth in third quarter was stronger than forecast

Victor Khosla Says 'We're Living Truly in a K-Shaped Economy'

Victor Khosla, the founder of credit investor Strategic Value Partners, says "we're living truly in a K-shaped economy.

Victor Khosla, the founder of credit investor Strategic Value Partners, says "we're living truly in a K-shaped economy." He says many chunks of the US economy are in recession and credit spreads could blow out from current historic tights. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)

US stocks slide after Oracle results disappoint

US database company’s earnings published on Wednesday fell short of forecasts amid concerns over AI boom.

US database company’s earnings published on Wednesday fell short of forecasts amid concerns over AI boom

The 10 best worst hostile takeover offers ever

An entirely subjective list of shareholder primacy, management hubris and value destruction.

An entirely subjective list of shareholder primacy, management hubris and value destruction

US Mortgage Rates Tick Higher, Sending 30-Year Loans to 6.22%

Mortgage rates increased slightly, adding to cost pressures for buyers.

Mortgage rates increased slightly, adding to cost pressures for buyers.

72% of people say they’d be happier if they saved or invested more money. Far fewer said spending more would bring happiness.

While financial happiness is typically framed as a choice between spending on material goods or spending on experiences, many Americans are expressing a different desire for their money: saving more.

While financial happiness is typically framed as a choice between spending on material goods or spending on experiences, many Americans are expressing a different desire for their money: saving more.

Oracle shares fall 14% on increase in data centre spending

Larry Ellison’s company raises its capital expenditure forecast as it doubles down on AI infrastructure bet.

Larry Ellison’s company raises its capital expenditure forecast as it doubles down on AI infrastructure bet

Fed Concern about Labor Market Weakness Overdone: Uruci

Fed Concern about Labor Market Weakness Overdone: Uruci

T. Rowe Price Chief US Economist Blerina Uruci says the Fed's concern about labor market weakness is overdone and a dovish interpretation of what's happening in the market. She speaks to Bloomberg's Lisa Abramowicz and David Gura on 'Surveillance.' (Source: Bloomberg)

Disney makes a ‘dramatic shift’ on AI content with $1 billion OpenAI investment

Disney’s deal with OpenAI will allow fans to make short-form clips using Disney characters.

Disney’s deal with OpenAI will allow fans to make short-form clips using Disney characters.

Posh Ski Area in Montana Taps Muni Market for Workforce Housing

Much of the workforce in the stunning Rocky Mountain ski paradise of Big Sky, Montana, can’t afford to live there.

Much of the workforce in the stunning Rocky Mountain ski paradise of Big Sky, Montana, can’t afford to live there.

Looking for the next Nvidia? This analyst recommends quantum stocks — but patience is required

Quantum computing could be a $205 billion market within a decade, according to an analyst who recommends IonQ, Rigetti and D-Wave shares for investors willing to look past “lumpy” revenue.

Quantum computing could be a $205 billion market within a decade, according to an analyst who recommends IonQ, Rigetti and D-Wave shares for investors willing to look past “lumpy” revenue.

BofA Forecasts Easing US Private Credit Defaults to 4.5% by 2026 Amid Rate Cuts

Bank of America Global Research predicts a decline in default rates within the US private credit market, estimating a drop to 4.5% in 2026 from 5% this year. This moderation is attributed to expected Federal Reserve rate cuts, although underlying risks in the sector remain significant.

Eurogroup Gets First Greek Chief in Break From Crisis Past

Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.

Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.

Failure of Senate votes on ACA threatens a rise in healthcare costs for everyone

Republican and Democratic lawmakers seem poised to not advance a pair of stopgap plans in the Senate that would address the expiring Obamacare subsidies.

Republican and Democratic lawmakers seem poised to not advance a pair of stopgap plans in the Senate that would address the expiring Obamacare subsidies

Putin Expresses Solidarity With Venezuela in Maduro Call, Kremlin Says

Russian President Vladimir Putin spoke with his Venezuelan counterpart, Nicolas Maduro, expressing solidarity amid growing external pressure, according to the Kremlin.

Russian President Vladimir Putin spoke with his Venezuelan counterpart, Nicolas Maduro, expressing solidarity amid growing external pressure, according to the Kremlin.

France Seeks to Delay Mercosur Accord, Risking Deal’s Collapse

France is pushing to delay the conclusion of a free-trade agreement between the European Union and some of the largest South American economies in a move that could derail the deal.

France is pushing to delay the conclusion of a free-trade agreement between the European Union and some of the largest South American economies in a move that could derail the deal.