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Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute.
New UK regulations will require buy now, pay later lenders to check shoppers' affordability before offering loans and provide quicker refund access.
Blackstone (BX) is acquiring TXNM Energy (TXNM) for nearly $5.7 billion, marking another move in the growing energy sector.
Nippon Steel (NISTF, NPSCY) plans to invest $14 billion in US Steel (X) operations if its acquisition bid is approved.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your Yahoo Finance's Market Minute. Yields are surging as bonds sell off after Moody's cut its triple A rating on the US. UK officials unveiled plans to regulate buy now pay later lenders Monday. Apps like Klarna will be required to check shoppers' affordability before offering loans, and borrowers will get quicker access to refunds. Plus, asset manager Blackstone will buy energy holding company TX&M energy for nearly $5.7 billion. It's the latest acquisition in the electricity sector driven by growing power demand from data center construction. And Nippon Steel plans to invest $14 billion in US steel operations if the Trump administration approves its bid for the company. That's according to Reuters. The Biden administration previously blocked the proposed acquisition. And that is your Yahoo Finance Market Minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the session.