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Category: Economy

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Latest News (15286 articles)

Economy Bloomberg
104d ago
Americans Paying Record Electricity Prices as Gas Costs Climb

American households are paying more than ever before for electricity after prices surged the most in almost two years, according …

US households are experiencing record-high electricity prices due to a surge in costs over the … High (76%)
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Bloomberg
Economy Bloomberg
104d ago
Reeves Keeps Door Open to Tax Hikes After £26 Billion Budget Hit

Chancellor of the Exchequer Rachel Reeves didn’t rule out further tax increases in this parliament, after announcing a £26 billion …

Chancellor Rachel Reeves has left the door open for potential tax hikes in the current … High (74%)
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Bloomberg
Economy Bloomberg
104d ago
Creditor Pacts Used to Thwart LMEs Challenged by Altice USA

For the past two years, some restructuring and finance lawyers have been telling anyone who would listen — at dinners, …

Lawyers claim that creditors are using cooperation agreements to circumvent antitrust laws, a practice that … Medium (69%)
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Bloomberg
Economy Bloomberg
104d ago
UK Hits Biggest Retailers to Ease Tax Burden on Struggling Shops

Chancellor of the Exchequer Rachel Reeves hit large retailers with higher taxes on their warehouses and biggest stores, as she …

The UK government has implemented higher taxes on large retailers' warehouses and stores to ease … High (75%)
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Bloomberg
Economy Bloomberg
104d ago
Anglo-Teck Deal Gets Backing From Advisory Firm ISS

Institutional Shareholder Services Inc. recommends investors vote in favor of Anglo American Plc’s combination with Teck Resources Ltd. next month, …

ISS recommends investors vote in favor of the Anglo-Teck mining deal, marking the second advisory … High (70%)
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Bloomberg
Economy Bloomberg
104d ago
Blackstone Nears $4 Billion Deal for MacLean Power Systems

Blackstone Inc. is nearing an acquisition of MacLean Power Systems in a deal that could value the utility-parts maker at …

Blackstone is close to acquiring MacLean Power Systems in a deal potentially worth over $4 … Medium (68%)
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Bloomberg
Economy Bloomberg
104d ago
Fortress to Sell Caribbean Hotels in $465 Million Muni-Bond Deal

Fortress Investment Group plans to sell two resorts on St. Thomas in the US Virgin Islands through a deal that …

Fortress Investment Group plans to sell two resorts in the US Virgin Islands through a … High (70%)
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Bloomberg
Economy Bloomberg
104d ago
The Beef Market Is Broken for Everyone

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, …

The article discusses the state of the beef market, but it does not provide any … Medium (67%)
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Bloomberg
Economy Bloomberg
104d ago
Oil Traders Cautious on Ukraine Deal, See Any Supply Shift Slow

Oil traders and analysts aren’t racing to bet on a Ukraine peace plan bringing big immediate changes to Russia’s supply …

Oil traders are cautious about the impact of a Ukraine peace deal on Russia's oil … Medium (68%)
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Bloomberg
Economy Bloomberg
104d ago
Mizuho's Rochester Expects Fed to Cut Rates in December

Mizuho Bank's Jordan Rochester on Markets expects the Federal Reserve to cut rates in December. He says a new Federal …

Mizuho's Jordan Rochester predicts a rate cut by the Federal Reserve in December, with potential … Medium (63%)
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Bloomberg
Economy Bloomberg
104d ago
Guinea-Bissau Soldiers Seize Power Citing Plot to Rig Election

Soldiers in Guinea-Bissau arrested President Umaro Sissoco Embaló and called for last weekend’s elections to be annulled, citing an alleged …

Soldiers in Guinea-Bissau have seized power, arresting President Umaro Sissoco Embaló and calling for the … High (74%)
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Bloomberg
Economy Bloomberg
104d ago
Rio Said to Seek Sale of Some Critical Minerals Assets in US

Rio Tinto Group is seeking to divest its US assets that produce boron, a critical mineral used in various applications …

Rio Tinto is considering the sale of its US boron assets, a critical mineral used … High (73%)
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Bloomberg

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