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Dayforce’s largest shareholder plans to vote against proposed Thoma Bravo buyout

(Reuters) -Dayforce’s largest shareholder said it plans to vote against Thoma Bravo’s proposed $12.3 billion buyout of the HR software firm, calling the offer “underwhelming” and an attempt to take advantage of “short-term pessimism” in the sector. T. Rowe Price Associates said on Wednesday the ...
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Iraq, Exxon to sign Majnoon oilfield agreement Wednesday, sources say

BAGHDAD (Reuters) -Iraq and Exxon Mobil will sign an agreement on Wednesday for the management, development and operation of the Majnoon oilfield in southern Iraq, marking the oil major’s return to the country after a two-year hiatus, four Iraqi official sources told Reuters. The agreement ...
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Bank of England warns of ‘sharp correction’ in markets if mood sours on AI or Fed

(Reuters) – By David Milliken and Phoebe Seers LONDON, Oct 8 (Reuters) – Global financial markets could tumble if investors’ mood sours on the prospects for artificial intelligence or the independence of the U.S. Federal Reserve, the Bank of England warned on Wednesday. The BoE said share ...
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Wall Street futures tick up with Fed commentary, minutes in focus

(Reuters) -U.S. stock index futures inched higher on Wednesday after declines a day earlier as investors awaited commentary from Federal Reserve speakers and the release of minutes from the central bank’s September policy meeting. With the U.S. government shutdown delaying key economic data releases and ...
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How ‘The Great Lock In’ can help achieve your financial and wellness goals

NEW YORK (AP) — As the end of 2025 approaches, a viral TikTok trend is helping people achieve their wellness goals: “The Great Lock In” encourages participants to finish the year strong by fully focusing on their life goals from Sept. 1 through Dec. ...
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What to do if you’re underwater on your car loan

More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity — the highest share in more than four years. Negative equity refers ...
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Gold zooms past $4,000 for first time in historic flight to safety

By Anmol Choubey (Reuters) -Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a historic rally in the safe haven asset to hedge against global economic and geopolitical uncertainties, while also betting on U.S. interest rate cuts. Spot ...
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Stablecoins may drum up $1.4 trillion of extra dollar demand by 2027, JPM says

LONDON (Reuters) -The adoption of stablecoins could generate an additional $1.4 trillion in demand for U.S. dollars by 2027, if enough overseas investors want to own these digital assets, analysts at JPMorgan said in a note on Tuesday. WHY IT’S IMPORTANT The potential increase in ...
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Cenovus sweetens MEG Energy takeover offer to $6.2 billion

(Reuters) -Cenovus Energy on Wednesday sweetened its offer to acquire MEG Energy, raising the value of its proposed deal to C$8.6 billion ($6.16 billion), including debt, in an attempt to match a rival bid from Strathcona Resources. Cenovus raised its bid by C$2.35 to about ...
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Morning Bid: Odd couple: Surging stocks and gold

By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Usually alternatives, stocks and gold are rising together as investors seek to ride an inflationary expansion by taking on AI-driven corporate risk with gold added to portfolios ...
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Crypto race to tokenize stocks raises investor protection flags

By Hannah Lang and Elizabeth Howcroft NEW YORK/PARIS (Reuters) -A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks to investors and market stability. Buoyed ...
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Florida county battered by 2024 hurricanes spends $125M on beach restoration

INDIAN ROCKS BEACH, Fla. (AP) — The white sandy beaches along a swath of Florida’s Gulf Coast were battered by three hurricanes last year, leading to a multimillion-dollar effort to repair a coastline that is the region’s economic engine. Crews are working with dredges, trucks ...
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