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CAP

GE Vernova is riding the electrification wave, and the stock sees a record rally

GE Vernova’s stock soars into record territory after the electrification company boosts its long-term outlook for financial returns and plans to return more cash to shareholders.

GE Vernova’s stock soars into record territory after the electrification company boosts its long-term outlook for financial returns and plans to return more cash to shareholders.
MarketWatch - Top Stories • Dec 10, 7:56 PM
REG

Trump Sets $700 Million to Improve Soil, Water on Farms

The Trump administration is launching a $700 million pilot program to help farmers more easily adopt “regenerative” practices that improve the health of soil and water.

The Trump administration is launching a $700 million pilot program to help farmers more easily adopt “regenerative” practices that improve the health of soil and water.
Bloomberg Politics • Dec 10, 7:50 PM
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Gene Simmons On Music Royalties, AI | Balance of Power: Early Edition 12/10/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the latest news from DC.

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the latest news from DC. On today's show, KISS Singer and Songwriter Gene Simmons and Yale Budget Labs Co-Founder Martha Gimbel. (Source: Bloomberg)
Bloomberg Politics • Dec 10, 7:43 PM
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Fed Decision Not as Bad as the Market Feared, JPMorgan's Michele Says

Bob Michele, JPMorgan Asset Management global head of fixed income, says the Federal Reserve's decision to cut rates by 25 basis points ended up being "not as bad as it could've been.

Bob Michele, JPMorgan Asset Management global head of fixed income, says the Federal Reserve's decision to cut rates by 25 basis points ended up being "not as bad as it could've been." The Federal Open Market Committee voted 9-3 to lower the rate, with dissents on both ends of the policy spectrum. (Source: Bloomberg)
Bloomberg Markets • Dec 10, 7:32 PM
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Overall State of US Economy is 'Confusing,' Says Yale Budget Lab Director

Martha Gimbel, executive director of the Yale Budget Lab and former senior advisor on the White House Council of Economic Advisers, says that the Fed's choice to cut rates is 'odd' given that inflation remains sticky.

Martha Gimbel, executive director of the Yale Budget Lab and former senior advisor on the White House Council of Economic Advisers, says that the Fed's choice to cut rates is 'odd' given that inflation remains sticky. (Source: Bloomberg)
Bloomberg Politics • Dec 10, 7:25 PM
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Fed Cuts Rates by 25 Basis Points With Three Dissents

The Federal Reserve cut rates for a third consecutive meeting and maintained their outlook for just one cut in 2026.

The Federal Reserve cut rates for a third consecutive meeting and maintained their outlook for just one cut in 2026. The Federal Open Market Committee voted 9-3 Wednesday to lower the benchmark federal funds rate by 25 basis points to a range of 3.5%-3.75%. This time there were three dissents. Bloomberg's Michael McKee reports from Washington. (Source: Bloomberg)
Bloomberg Markets • Dec 10, 7:22 PM
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Fed Quells Market Angst With $40 Billion Monthly Bill Purchases

The Federal Reserve said it will begin buying $40 billion of Treasury bills per month starting Friday, in a move to ease short-term funding costs by rebuilding reserves in the financial system.

The Federal Reserve said it will begin buying $40 billion of Treasury bills per month starting Friday, in a move to ease short-term funding costs by rebuilding reserves in the financial system.
Bloomberg Markets • Dec 10, 7:09 PM
REG

KISS Star Gene Simmons Says It's 'Criminal' Musicians Aren't Paid for Radio Play

Musician Gene Simmons of KISS said it's 'criminal' that artists aren't paid when their music is played on AM and FM radio stations in the US and it's a particularly big problem for new musical groups.

Musician Gene Simmons of KISS said it's 'criminal' that artists aren't paid when their music is played on AM and FM radio stations in the US and it's a particularly big problem for new musical groups. Simmons testified in support of the American Music Fairness Act in front of a Senate panel earlier in the week. He speaks to Joe Mathieu about the issue on "Balance of Power." (Source: Bloomberg)
Bloomberg Politics • Dec 10, 6:58 PM
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Federal Workforce’s Toll After a Year of DOGE and Trump: 317,000

The number of federal employees who left their jobs in 2025 will total about 317,000, according to the Office of Personnel Management, after efforts by Elon Musk and the Trump administration to reshape the government workforce.

The number of federal employees who left their jobs in 2025 will total about 317,000, according to the Office of Personnel Management, after efforts by Elon Musk and the Trump administration to reshape the government workforce.
Bloomberg Politics • Dec 10, 6:50 PM
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Redwood, Silver Point to Pick Klöckner Pentaplast Board Members

Redwood Capital Management LLC and Silver Point Capital LP will each appoint a director to Klöckner Pentaplast’s board once the packaging firm formerly owned by Strategic Value Partners LLC emerges from bankruptcy.

Redwood Capital Management LLC and Silver Point Capital LP will each appoint a director to Klöckner Pentaplast’s board once the packaging firm formerly owned by Strategic Value Partners LLC emerges from bankruptcy.
Bloomberg Markets • Dec 10, 6:49 PM
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US Seizes Oil Tanker Off the Coast of Venezuela

US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, according to people familiar with the matter, a move that marks a serious escalation of tensions between the two countries.

US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, according to people familiar with the matter, a move that marks a serious escalation of tensions between the two countries.
Bloomberg Politics • Dec 10, 6:40 PM
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US Seizes Sanctioned Oil Tanker Off the Coast of Venezuela

US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, according to people familiar with the matter, a move that marks a serious escalation of tensions between the two countries.

US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, according to people familiar with the matter, a move that marks a serious escalation of tensions between the two countries.
Bloomberg Politics • Dec 10, 6:40 PM