News
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Cryptopolitan3 hours ago
Michael Saylor pushes nations to adopt Bitcoin-backed banking models
Reuters3 hours ago
West Virginia sues United HealthGroup’s pharmacy benefit manager over opioid sales
Reuters3 hours ago
US Cash Crude-Grades mixed even as WTI/Brent spread narrows
Reuters3 hours ago
US judge rejects Trump administration's halt of wind energy permits
Reuters3 hours ago
US bank CEOs expected to meet senators on crypto market structure - Bloomberg News
Reuters3 hours ago
Israeli military says it struck Hezbollah sites in southern Lebanon
Other
West Virginia sues United HealthGroup’s pharmacy benefit manager over opioid sales
West Virginia accused Optum of evading legal safeguards on opioid salesThe state previously sued pharmacy benefit manager Express ScriptsBy Dietrich Knauth Dec 8, Reuters - West Virginia sued United HealthGroup on Monday in federal court, alleging that the company’s pharmacy benefit manager Optum...Reuters
3 hours ago
Commodities
US Cash Crude-Grades mixed even as WTI/Brent spread narrows
HOUSTON, Dec 8 (Reuters) - U.S. cash crude grades were mixed on Monday, dealers said, even as the spread between U.S. West Texas Intermediate crude and global benchmark Brent narrowed by its most in 10 days.WTI Midland eased 5 cents, while WTI at East Houston, also known as MEH, was unchanged. Mars ...Reuters
3 hours ago
Commodities
US judge rejects Trump administration's halt of wind energy permits
Dec 8 (Reuters) - A federal judge on Monday ruled that U.S. President Donald Trump's administration had failed to justify its decision to suspend permitting of new wind projects in keeping with the Republican president's wishes.U.S. District Judge Patti Saris in Boston sided with a group of ...Reuters
3 hours ago
Other
Israeli military says it struck Hezbollah sites in southern Lebanon
Dec 9 (Reuters) - The Israeli military said on Tuesday that it struck infrastructure belonging to Hezbollah in several areas in southern Lebanon, including what it described as a training compound used by the armed group's Radwan forces.Military structures and a launch site belonging to Hezbolla...Reuters
3 hours ago
Other
'Big Short' investor Burry says he owns Fannie, Freddie and sees upside from potential IPOs
Dec 8 (Reuters) - Investor Michael Burry, known for "The Big Short," said on Monday he owns sizable positions in Fannie Mae and Freddie Mac and expects them to rise materially if the U.S. mortgage finance giants are taken public again through initial public offerings.In his Substack newslett...Reuters
3 hours ago
Stocks
Ares Management to join S&P 500 on December 11, replacing Kellanova
Dec 8 (Reuters) - Ares Management ARES.N will join the S&P 500 .SPX before market open on December 11, S&P Dow Jones Indices said on Monday, becoming the latest alternative asset manager to join the benchmark index.The company will replace Pringles-maker Kellanova K.N in the S&P 500, whi...Reuters
3 hours ago
Other
Trump threatens Mexico with 5% tariff increase over water dispute
Dec 8 (Reuters) - U.S. President Donald Trump on Monday threatened to impose an additional 5% tariff on Mexico, accusing it of violating a water-sharing treaty."The U.S needs Mexico to release 200,000 acre-feet of water before December 31st, and the rest must come soon after. As of now, Mexico i...Reuters
3 hours ago
Cryptocurrencies
Solana Price Faces Critical Test Near $140 While Analysts Track KOL Indicators and Liquidity Shifts
The Solana price is entering a decisive phase as its action tightens below the $140 barrier, a level that has repeatedly capped attempts at recovery. After months of sustained selling pressure and increased whale activity, the market is now watching whether Solana can hold its recent gains or slip b...NewsBTC
3 hours ago
Other
EU leaders say Ukraine's sovereignty, long-term security crucial in peace talks
BRUSSELS, Dec 8 (Reuters) - Ukraine's sovereignty must be respected and its security guaranteed for the long term in any peace deal with Russia, European Commission President Ursula von der Leyen and European Council President Antonio Costa said on Monday.The two EU institution chiefs issued the...Reuters
3 hours ago
Stocks
GLOBAL MARKETS-US yields, dollar edge up; investors eye Fed rate cut this week
US stocks drop as investors wait for Fed rate decisionFed expected to deliver rate cut on WednesdayRates set to stay on hold in Canada, Switzerland, AustraliaBy Caroline Valetkevitch NEW YORK, Dec 8 (Reuters) - U.S. Treasury yields and the dollar gained on Monday as investors prepared for this we...Reuters
3 hours ago
Other
ANALYSIS-Silicon Valley-backed defense firms face growing pains after hot streak
Defense tech firms face challenges scaling up productionPentagon aims to accelerate weapons production with commercial firmsLegacy contractors dominate major Pentagon programs despite new entrantsBy David Jeans, Mike Stone and Joe Brock SIMI VALLEY, California, Dec 8 (Reuters) - U.S. defense tech...Reuters
3 hours ago
Other
Soccer-Fernandes double helps Man United to 4-1 win as Wolves' misery continues
Fernandes leads United to easy victory at WolvesMbeumo and Mount also on the scoresheetWolves remain rock bottom with two pointsWOLVERHAMPTON, England, Dec 8 (Reuters) - Manchester United climbed to sixth in the Premier League on Monday as captain Bruno Fernandes scored twice to help them claim a co...Reuters
3 hours ago
Other
Florida hospitals' opioid case against Walmart, CVS, Walgreens results in mistrial
By Dietrich Knauth Dec 8 (Reuters) - A Florida judge on Monday declared a mistrial in a lawsuit that accused Walmart, CVS and Walgreens of flooding the state with opioids and raising costs for local hospitals.The trial began in Broward County Circuit Court in September, and jurors deliberated for...Reuters
3 hours ago
Forex
EUR/USD under pressure as yield climb weighs and Fed risk dominates
EUR/USD slides 0.05% as the week begins, courtesy of broad US Dollar strength, amid choppy trading as traders brace for the Federal Reserve monetary policy decision. At the time of writing, the pair trades at 1.1637 after hitting a daily high of 1.1672.
Fxstreet
3 hours ago
Other
PepsiCo to review supply chain, lower prices amid talks with Elliott Management
By Juveria Tabassum Dec 8 (Reuters) - Beverages giant PepsiCo PEP.O announced a review of its North America supply chain on Monday, and said it would aggressively reduce costs to drive growth after weeks of discussions with activist investor Elliott Investment Management.Elliott had disclosed a $...Reuters
3 hours ago
