Kimmeridge Wants Another $10 Billion of Devon Asset Sales or a Sale of the Company, and Five Suitors Fit the Bill
Activists are pushing Devon Energy to divest more or sell itself, putting Diamondback, ConocoPhillips, Chevron, EOG and Exxon in the...
Treasury’s 96-Page Rule Gives Big Landlords Until January 7 Before the 350-Home Purchase Ban Bites
Treasury proposed rules to bar investors owning more than 350 houses from buying more single-family homes, with the ban starting...
PulteGroup Cut Deliveries by Up to 2,000 Homes as Pending Sales Hit a Record Low, and Its Stock Still Rose
PulteGroup and NVR missed estimates as high mortgage rates cut orders, with Pulte trimming its delivery outlook by as many...
Robinhood Wins Dubai Approval for 10 Asset Classes Including Crypto, Making the Middle East Its Next Market After the UK, EU and Singapore
Robinhood won Dubai approval to offer trading and custody across 10 asset classes and will launch in the Middle East...
Comcast Is Planning Significant Job Cuts Ahead of Thursday’s Earnings, With Its Stock Down About 21% This Year
Comcast plans significant job cuts across its cable, broadband and wireless units as it prepares to spin off NBCUniversal next...
A Two-Hour Dip in Validator Votes Pushed an XRP Ledger Fix to November, and It Also Touches Ripple’s Bank Lending Code
An XRP Ledger fix lost its 14-day activation clock after support dipped below 29 validators, pushing its go-live from October...
Solana’s Alpenglow Upgrade Is Live, Targeting 150-Millisecond Finality, and Its Transaction Charts Are About to Look Like a Crash
Solana's Alpenglow upgrade targets 150-millisecond finality and removes validator votes from the chain, which will shrink reported transaction counts.
Fed Chair Warsh Calls AI a Positive “Shock” That Could Change Monetary Policy, and Central Bankers Are Now Watching Wages
Fed Chair Kevin Warsh says AI could fundamentally change monetary policy, as central bankers from Bangkok to Shanghai put AI...
The 30-Year Treasury Yield Touched a One-Month Low as AI Jitters Beat Oil in the Fight for the Bond Market
Treasury yields fell at least three basis points across the curve and the 30-year touched 5.38% as AI stock jitters...
Gold Fell as Much as 1.8% as $111 Brent Revives Inflation Risk Before the Fed, and One Manager Calls It Capitulation
Gold fell as much as 1.8% to $4,066.90 as oil above $111 raised inflation risk ahead of the Fed and...
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