Bloomberg:
- May Suffers Humiliating Loss on Brexit Law as Tories Rebel. (video) U.K. Prime Minister Theresa May suffered a serious defeat for her key Brexit law on Wednesday after pro-European lawmakers in her own party defied her orders in a vote in Parliament. Lawmakers voted 309 to 305 to change the government’s bill so that it guarantees Parliament will get a “meaningful vote” on the final Brexit deal at the end of negotiations in 2019.
- Earnings Estimates for Companies Around the Globe Are Hitting Record Highs. (video)
- GOP Tax Compromise Would Repeal Obamacare’s Individual Mandate.
- UPS(UPS) Can’t Keep Up With All That Online Shopping.
- Steve Cohen's New Hedge Fund Could Have a Lockup of Up to Three Years.
Wall Street Journal:
- Fusion DoJ. It’s getting hard to tell where the Clinton campaign ends and the federal law enforcement apparatus begins.
CNBC:
- Republicans reach a tentative tax deal; Trump says he'd sign a bill with 21% corporate rate.
- Here's what changed in the new Fed statement.
- Apple(AAPL) has a $1 billion fund for US manufacturers, but it's ready to spend more, said COO Jeff Williams.
- Fed raises rates a quarter point, hikes growth outlook for economy. (video)
- Bitcoin futures briefly halted after plunging 10%. (video)
- Gundlach says if you bet against bitcoin today 'you'll make money'. (video) He said he doesn't own bitcoin and doubted the legitimacy of cryptocurrencies. Gundlach also mentioned digital currencies may get hacked some day. "I have no interest in this type of maniacal type of trading market," he said.
- Wall Street analysts love these stocks this holiday season.
- Massachusetts regulator lists 7 dangers with bitcoin, calls it potentially ‘worthless’.
Zero Hedge:
- "Trump Should Go F Himself" - Texts Leak From FBI Agents On Russia Probe, Hillary Emails Investigation.
- Crypto Is Suddenly Crashing - Bitcoin Back Below $16,000. (graph)
- America's Wage Hope Hammered - Real Earnings Suffer Longest Slump Since 2009. (graph)
- Core Consumer Price Growth Comes In Cold - Apparel Prices Plunge Most Since 1998. (graph)
- WTI/RBOB Steady Despite Huge Gasoline Build, New Crude Production Record. (graph)
- Watch Live: Rosenstein Takes The Hot Seat As Republican Fury Over FBI Bias Heats Up.
- OPEC Reports Lowest Oil Output In Six Months; Fears Shale Production Surge. (graph)
- CNN's Anderson Cooper Blames "Pathetic Loser Trump" Tweet On Hackers.
- House, Senate Republicans Reach Tax Deal: Here Are The Initial Details.
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