Aberdeen sold half its Standard Life stake for £436M, cutting its holding to ~5.2%. The move frees up capital to reduce debt, simplify operations, and fund growth, signaling a break from past merger ties.
In a high-stakes Supreme Court brief, the NFL is urging justices to strip prediction markets of their federal swaps status, warning that unregulated event contracts threaten game integrity and bypass state sports betting protections.
Wells Fargo’s multi-year effort to expand Black homeownership has drawn federal scrutiny, as housing regulators investigate whether programs designed to correct historic inequities crossed into unlawful race-based lending.
As American consumers prepare for another round of retail and essential price increases, renewed inflation risks threaten to delay anticipated Federal Reserve interest rate cuts and strain household budgets.
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