Market News Today — AI-Curated Stock & Crypto Headlines

New York City’s Credit Outlook Lowered to Negative by Moody’s

Moody’s Ratings lowered its outlook on New York City to negative, citing “sizable and persistent” expected budget gaps.

Bloomberg Deals 3/11/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. …

Private Credit Firm Ares Holds Town Hall to Reassure Staff on Market Volatility

Ares Management Corp. convened a town hall this week to reassure employees concerned about recent market volatility and emphasize the …

Bolivia Pledges to Meet Debt Payments as Swap Talks Move Ahead

Bolivia pledged to meet dollar bond payments this month to private bondholders, as it looks to swap notes held by …

Weinstein ‘Buying Pessimism’ With Discount Private Fund Bids

Saba Capital Management's Boaz Weinstein began offering investors quick cash for their stakes in such vehicles run by Blue Owl …

Cintas to Buy UniFirst in $5.5B Deal

The cash-and-stock transaction is expected to close in the second half of this year, subject to shareholders’ approvals, and will …

Trump Asks Supreme Court to Open Haitians to Deportation

President Donald Trump asked the US Supreme Court to let his administration scrap a legal shield that protects 350,000 Haitians …

Cliffwater $33 Billion Private Credit Fund Redemptions Reach 14%

Investors in Cliffwater LLC’s flagship private credit fund looked to redeem about 14% of shares in the first quarter, leading …

Chubb Backing Trump’s $20 Billion Reinsurance Plan for Hormuz

Chubb Ltd. is partnering with the US International Development Finance Corp. on a $20 billion reinsurance backstop aimed at reviving …

Defense Deals Line Up From Florida to Frankfurt

Whether with M&A, IPOs or fundraisings, aerospace and defense companies and other owners of military assets are rushing to market …

Starboard CEO Smith Discusses CarMax Stake, Board Seats

Jeff Smith, CEO of Starboard Value, joins Dani Burger on "Bloomberg Deals" to discuss Starboard's $350M stake in Carmax. Starboard …

Our Economy 'Hangs Off' the Strait of Hormuz says McHenry

Energy markets whipsawed for a second consecutive day as investors raced to interpret rapidly shifting comments from the Trump administration …