The only free news source for serious moves across finance

Archive

Browse all published articles from our finance deal feed

REG

Trump Can’t Deploy National Guard in Los Angeles, Judge Says

A federal judge said the Trump administration can’t deploy the California National Guard in Los Angeles and must relinquish control of the troops to Governor Gavin Newsom, the latest setback in the administration’s bid to use soldiers to respond to civilian protests.

A federal judge said the Trump administration can’t deploy the California National Guard in Los Angeles and must relinquish control of the troops to Governor Gavin Newsom, the latest setback in the administration’s bid to use soldiers to respond to civilian protests.
Bloomberg PoliticsDec 10, 2:37 PM
CAP

Stocks Slump as Wall Street Awaits Fed Decision, Powell Speech

US equities slid Wednesday as traders brace for a widely anticipated quarter-point rate cut later in the session, along with projections from officials on the trajectory of monetary policy.

US equities slid Wednesday as traders brace for a widely anticipated quarter-point rate cut later in the session, along with projections from officials on the trajectory of monetary policy.
Bloomberg MarketsDec 10, 2:36 PM
CAP

Stocks Meander as Wall Street Awaits Fed Decision, Powell Speech

US equities fluctuated Wednesday as traders brace for a widely anticipated quarter-point rate cut later in the session, along with projections from officials on the trajectory of monetary policy.

US equities fluctuated Wednesday as traders brace for a widely anticipated quarter-point rate cut later in the session, along with projections from officials on the trajectory of monetary policy.
Bloomberg MarketsDec 10, 2:36 PM
CAP

S&P 500 Heads Toward Record High in Best FOMC Day Since March

US equities rallied Wednesday afternoon as the Federal Reserve cut interest rates by a quarter point and Chair Jerome Powell took a less hawkish tone than some anticipated.

US equities rallied Wednesday afternoon as the Federal Reserve cut interest rates by a quarter point and Chair Jerome Powell took a less hawkish tone than some anticipated.
Bloomberg MarketsDec 10, 2:36 PM
CAP

S&P 500 Sees Best FOMC Day Since March as Powell Praises Economy

US equities rallied Wednesday afternoon after the Federal Reserve delivered a widely anticipated quarter-point interest-rate cut and Chair Jerome Powell touted the resilience of the US economy while assuaging concerns around the inflationary impact of tariffs.

US equities rallied Wednesday afternoon after the Federal Reserve delivered a widely anticipated quarter-point interest-rate cut and Chair Jerome Powell touted the resilience of the US economy while assuaging concerns around the inflationary impact of tariffs.
Bloomberg MarketsDec 10, 2:36 PM
CAP

Major PE Backed UK Companies Failing on Reporting, PERG Says

Some of the biggest private equity owned portfolio companies in the UK are still failing to comply with any of the core components of a set of industry guidelines on financial reporting established nearly two-decades ago.

Some of the biggest private equity owned portfolio companies in the UK are still failing to comply with any of the core components of a set of industry guidelines on financial reporting established nearly two-decades ago.
Bloomberg MarketsDec 10, 2:29 PM
CAP

India’s Aviation Watchdog Deploys Monitors to IndiGo Offices

India’s aviation regulator, in an unprecedented move, deployed two on-site teams at IndiGo’s corporate office to monitor operations at India’s largest carrier, which canceled over 3,000 flights last week and caused massive air disruption.

India’s aviation regulator, in an unprecedented move, deployed two on-site teams at IndiGo’s corporate office to monitor operations at India’s largest carrier, which canceled over 3,000 flights last week and caused massive air disruption.
Bloomberg MarketsDec 10, 2:22 PM
LBO

Mozaic Payments CEO Charged with Defrauding Investor Amid $20M Fundraising Scheme

Marcus Cobb, the former CEO of Nashville-based Mozaic Payments, has been indicted for allegedly defrauding a private equity firm out of $20 million. The charges detail a scheme in which Cobb misrepresented the company's capabilities and financial status to secure investment from Volition Capital.

USFMDec 10, 2:22 PM
REG

Denmark to Pay Greenlandic Victims of Forced Birth Control

Denmark will compensate victims in a decades-long scandal in which thousands of Greenlandic girls and young women were fitted with birth control devices by Danish doctors, often without their consent or awareness.

Denmark will compensate victims in a decades-long scandal in which thousands of Greenlandic girls and young women were fitted with birth control devices by Danish doctors, often without their consent or awareness.
Bloomberg PoliticsDec 10, 2:21 PM
REG

Lithuanian Companies Protest Over Trucks Being Held in Belarus

Dozens of trucks lined up next to Lithuania’s parliament building on Wednesday in a protest calling on the government to help companies recover thousands of vehicles being held by neighboring Belarus.

Dozens of trucks lined up next to Lithuania’s parliament building on Wednesday in a protest calling on the government to help companies recover thousands of vehicles being held by neighboring Belarus.
Bloomberg PoliticsDec 10, 2:18 PM
CAP

Colombia Gets Market Wake-Up Call With Elections in Focus

The recent hype around Colombia’s unprecedented debt maneuvers is starting to fade, exposing the country’s fragile outlook amid upcoming presidential elections and growing budget strains.

The recent hype around Colombia’s unprecedented debt maneuvers is starting to fade, exposing the country’s fragile outlook amid upcoming presidential elections and growing budget strains.
Bloomberg MarketsDec 10, 2:12 PM
REG

Ukraine Tycoon Wins US Extradition Fight After €125 Million Bail

An Austrian court has definitively blocked a US extradition request against former gas tycoon Dmitry Firtash after more than a decade of court hearings that included a record €125 million ($145 million) bail payment.

An Austrian court has definitively blocked a US extradition request against former gas tycoon Dmitry Firtash after more than a decade of court hearings that included a record €125 million ($145 million) bail payment.
Bloomberg PoliticsDec 10, 2:05 PM
CAP

US Employment Costs Rise at Slowest Pace in Four Years

The US employment cost index rose at the slowest pace since mid-2021, increasing 3.

The US employment cost index rose at the slowest pace since mid-2021, increasing 3.5% in the 12 months ended in September and rising 0.8% on a quarterly basis, according to Bureau of Labor Statistics. Michael McKee reports on Bloomberg Television (Source: Bloomberg)
Bloomberg MarketsDec 10, 2:02 PM
REG

NY Warns 950,000 People to Lose Health Coverage Under Trump Cuts

Nearly 1 million New Yorkers are expected to lose health coverage as a result of President Donald Trump’s federal budget, a shift that will strain the city’s struggling public hospital system.

Nearly 1 million New Yorkers are expected to lose health coverage as a result of President Donald Trump’s federal budget, a shift that will strain the city’s struggling public hospital system.
Bloomberg PoliticsDec 10, 2:01 PM
CAP

Worker pay and benefits rise faster than inflation — but that gap is shrinking in a poorer jobs market

The amount of money businesses pay in wages and benefits rose again in the third quarter and outpaced inflation.

The amount of money businesses pay in wages and benefits rose again in the third quarter and outpaced inflation. But a clear downward trend in the past several years also points to a deterioration in the jobs market.
MarketWatch - Top StoriesDec 10, 2:00 PM