The 10-year Treasury yield slipped below 5% on Thursday for the first time in a month and stayed there Friday. Investors sought safety as worries about the huge debt tech companies are taking on to build AI networks hit tech stocks and widened credit spreads.
Summary written by Readthrough from the original article. The full story, with photos and any updates, is at CNBC.
The SEC's Division of Examinations released its priorities for fiscal year 2027 on Oct. 23. The annual report lays out the areas examiners will focus on to promote compliance, prevent fraud and monitor risk, based on exam findings, market developments and investor concerns.
The UK government says new measures to cut paperwork and form-filling, plus extended tariff suspensions, will save British businesses almost £800 million. The plans, some developed with small businesses, were announced as the Prime Minister and Business Secretary met small-business leaders ahead of next week's Budget.
The UK's Prudential Regulation Authority and Financial Conduct Authority opened parallel consultations on streamlining the 10-year-old Senior Managers and Certification Regime. Far fewer financial-services roles would need enhanced regulator checks, saving firms an estimated £2 billion over 10 years, while accountability standards stay the same.
The UK Prime Minister confirmed plans to reform the Treasury's Green Book, the official framework for judging spending projects, at next week's Budget. Projects in the same area would be assessed together rather than one by one, which the government says will help overlooked places make the case for investment.
