✦ MarketMint Briefs
Short, original explainers on the money stories everyone is talking about. Every brief combines facts reported by several outlets, in plain English, with a timeless money lesson at the end. News and education only – never advice.
Bitcoin Wins Back $86,000 as Crypto Starts October After a Solid Third Quarter
Bitcoin climbed back above $86,000 early Monday, while September gains of about 7% for bitcoin and Ethereum set a steady tone for crypto this month.
Schneider's $23B PTC Deal Boosts European Software Stocks
Schneider Electric's acquisition of PTC sends software stocks soaring, with shares rising 34%.
S&P 500 futures rise as wage growth slows
The US stock market sees a boost as inflation concerns ease, with the S&P 500 futures rising.
BT Saves TalkTalk from Collapse with Rescue Deal
UK's largest broadband provider acquires rival operator TalkTalk to ensure continued services for millions of customers.
Giant's Big Win: $272.5M Settlement for California Drivers
Lyft agrees to pay California drivers $272.5 million to settle allegations of misclassifying them as contractors.
Global Markets Rise as Soft US Jobs Data Eases Rate Hike Bets
Stocks and commodities gain as weaker-than-expected US jobs data reduces expectations for a Federal Reserve interest-rate hike.