Saturday , 3 January 2026

Recent Posts

Chesapeake surges as CEO keeps focus on cuts

Bloomberg Chesapeake Energy Corp. shares jumped the most in almost two years, putting it on top of the S&P 500, after the shale explorer pledged to continue its push to cut spending and sell more assets in the year ahead. Chesapeake raised $1.3 billion last year from asset sales and has fired thousands of employees to cope with a burdened …

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Fed resists upgrading long-run growth outlook after tax cuts

Bloomberg Federal Reserve officials are showing surprise at just how much the recently-enacted tax cuts are boosting the US economy. But they’re still not impressed enough to lift estimates for long-term growth, a stance that puts them at odds with the White House. Minutes from the January 30-31 meeting of the Federal Open Market Committee showed “a number” of policy …

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Buyer of Deutsche Bank Mexico unit considering renegotiation of price

Bloomberg InvestaBank, the Mexican lender that agreed in 2016 to buy Deutsche Bank AG’s Mexico units, is considering steps to renegotiate the $175 million purchase, according to people with direct knowledge of the matter. The Mexico-based firm may seek to lower the price after regulatory changes wiped out most of the revenue the German lender generated through its monopoly on …

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