Stocks fell and bond yields rose after a stronger-than-anticipated inflation reading, which prompted traders to pare bets the Federal Reserve will cut interest rates next month.

Argentina’s local debt auction Wednesday fell short of market expectations as President Javier Milei’s administration rolled over just 61% of maturities in a key auction that analysts said may prompt a drop in the peso.

Parag Agrawal has raised $30 million in funding and runs a 25-person team out of an office in Palo Alto, not far from the coffee shop where he incorporated the company on his laptop.

Tokio Marine Asset Management Co. will increase staff to bolster its position in alternative assets and other investments as rising interest rates stoke investors’ risk appetite, according to its chief executive officer.

Top fintech and crypto executives urged the Trump administration to block US banks from charging fees for access to customer data, levies that strike at the heart of their business models.

When Iran launched a missile barrage at an American air base in Qatar this summer, it was one of the most direct attacks on US assets in the Middle East in years. Yet just hours after the projectiles were shot down in the night sky over Doha, it was business as usual in the country’s capital and financial hub. In neighboring Abu Dhabi, investments proceeded on track, and bankers in Dubai expressed confidence that the United Arab Emirates would sidestep any major fallout. In the weeks after the attack, Bloomberg News reported that American companies including BlackRock Inc. and Elon Musk’s xAI were discussing deals in Saudi Arabia.

Smith & Nephew Inc. defeated the bulk of a proposed class action challenging its 401(k) plan management, but it must defend claims that the plan’s managed account fees were too high.

The Alabama State Conference of the NAACP and local university professors failed to secure early relief in their legal challenge to the state’s law banning public funding of diversity, equity, and inclusion programs.

The first time Revelstoke Capital Partners asked investors if it could hold on to Fast Pace Health for longer than usual, they obliged. It was 2020, and a global pandemic had markets on edge.

Swiss Re AG’s half year profit beat estimates, with the re-insurer’s property and casualty division and a fall in catastrophe claims offsetting signs of lower pricing.

Parag Agrawal has raised $30 million in funding and runs a 25-person team out of an office in Palo Alto, not far from the coffee shop where he incorporated the company on his laptop.

Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation of thousands of residents and tourists.

Erwin Chemerinsky and Miles Mogulescu write that Emil Bove has won a lifetime appointment to the Third Circuit but will be required to recuse himself from any case that involves President Donald Trump—and parties will need to move for recusal if he refuses.

Holland & Hart partners analyze the business implications of the Trump administration’s immigration enforcement agenda and provide strategic guidance for employers preparing for workplace disruptions.

Arkansas Attorney General Tim Griffin has joined a bipartisan group of 36 other attorneys general in sending a letter to Instagram’s parent company Meta, he says in a post on X.

A federal appeals court delivered a victory to the Federal Communications Commission on Wednesday by upholding new and controversial data breach reporting requirements for telecommunications companies targeted in cyberattacks.

Japanese companies are employing more in-house lawyers to handle rising legal workloads as governance and compliance requirements grow.

President Donald Trump revoked an executive order signed by former President Joe Biden that targeted consolidation in the agriculture, technology, and drug sectors, which the former administration argued had fed inflation by reducing competition.

Pennsylvania dropped its suit seeking to force the Trump Administration to disperse billions of dollars in funds after the federal government lifted the freeze.

Oklahoma lost its bid to forbid a nonprofit group from sending letters to public schools opposing school-sponsored prayers.

The Alabama State Conference of the NAACP and local university professors failed to secure early relief in their legal challenge to the state’s law banning public funding of diversity, equity, and inclusion programs.

Mass departures from the US Justice Department and a rising flood of lawsuits are squeezing government lawyers defending administration policies, with signs of strain spilling into court.

White employees alleging harassment stemming from workplace DEI training will test the reach of a recent Supreme Court “reverse” bias ruling as their appeals seek to mark boundaries on anti-discrimination programs.

Erwin Chemerinsky and Miles Mogulescu write that Emil Bove has won a lifetime appointment to the Third Circuit but will be required to recuse himself from any case that involves President Donald Trump—and parties will need to move for recusal if he refuses.