Kohl’s to name Michael Bender as permanent CEO, Bloomberg News reports

Blue Owl is reportedly considering the revival of a merger involving its private credit funds, with the decision contingent upon the share price of the fund, according to sources. This potential move indicates a strategic reassessment within the company regarding its investment structures and market positioning.

Bessent stated in an NBC interview that there is no recession risk for the US economy as a whole, indicating a stable economic outlook despite ongoing market fluctuations. This assertion comes amid various economic indicators and discussions surrounding growth factors such as artificial intelligence and stock valuations.

Black Friday has emerged as a focal point for consumer spending, particularly in the context of uncertain market conditions. As shoppers prepare for the annual sales event, analysts are closely monitoring spending patterns that could indicate consumer confidence and economic health.

BHP has made a renewed bid approach to acquire Anglo American, as reported by Bloomberg News. This development indicates BHP's ongoing interest in expanding its influence in the mining sector, particularly amidst fluctuating market conditions.

InvestingPro's Fair Value model has predicted a significant 46% decline in Webull's stock, raising alarms among investors regarding the company's financial stability. This prediction comes amid a backdrop of fluctuating market conditions and investor sentiment.

China's nuclear power market is projected to undergo significant changes as the country navigates its investment landscape amid broader economic challenges. The outlook indicates a potential shift in energy strategies, reflecting the government's commitment to expanding its nuclear capabilities.

Rising memory prices are impacting the smartphone sector, leading to increased production costs for manufacturers and potentially higher retail prices for consumers. This trend is observed as companies navigate the challenges posed by supply chain disruptions and fluctuating demand.

The UK is preparing for its third-largest tax-raising Budget since World War II, a significant fiscal event that is expected to shape the country's economic landscape. This announcement comes amid various economic indicators and consumer sentiment surveys that reflect a cautious atmosphere as the nation approaches this critical budget decision.