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  • Jan 06, 2025

French Government Tempers Budget Goal to Shelter Economy

(Bloomberg) -- France’s new Finance Minister Eric Lombard set out a slower pace of deficit reduction as he seeks to preserve economic growth and shore up political support after the previous government was toppled over its budget plan.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysDon’t Shrink the BusNYC Congestion Pricing Takes Effect After Years of DelaysCan American Drivers Learn to Love Roundabouts?Lombard w

  • Jan 06, 2025

Why Is Smart Share Global Stock Surging Premarket On Monday?

Smart Share Global Limited (NASDAQ:EM) shares are trading higher premarket on Monday. The company disclosed that its board had received a preliminary non-binding proposal from a buyer group, including Trustar Capital and key executives, to take the company private. The offer is for $0.625 per ordinary share or $1.25 per ADS in cash, representing a 74.8% premium to the stock’s last closing price. The proposed deal values the company significantly above its recent trading averages. Smart Share Glo

  • Jan 06, 2025

Lawmakers Bicker as Chile’s Capital Market Black Hole Deepens

(Bloomberg) -- As the debate over Chile’s pension reform drags on... and on... and on... the black hole at the center of the country’s capitals market that it’s meant to fill is just getting bigger.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueLawmakers are resuming debate

  • Jan 06, 2025

Morgan Stanley Strategist Wilson Warns of Risk to Stocks as Yields Surge

(Bloomberg) -- US equities could face a tough six months ahead as Treasury yields surge and the dollar advances on worries about inflation, according to Morgan Stanley strategists.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueThe correlation between the S&P 500 Index and b

  • Jan 05, 2025

Fed's Kugler, Daly say job not done on inflation

Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish that job. The remarks, from Governor Adriana Kugler and San Francisco Fed President Mary Daly, highlight the delicate balancing act facing U.S. central bankers this year as they look to slow their pace of rate-cutting. The Fed lowered short-term rates by a full percentage point last year, to a current range of 4.25%-4.50%.

  • Jan 05, 2025

Northwest Europe Braces for Icy Weather as Gas Stocks Deplete

(Bloomberg) -- Freezing weather across northwest Europe this week will put further pressure on gas inventories, while the south and east of the region will be unseasonably warm.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueThe north of the UK is facing snow and ice warning

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