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Finance & Markets

U.S. Stocks Moving Mostly Lower Following Inflation Data

(RTTNews) - Stocks have moved mostly lower over the course of the trading day on Wednesday amid a negative reaction to the latest inflation data. The major averages have all moved to the downside, adding to the modest losses posted in the previous session.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Governors seek Ksh91.5B to plug funding gaps in 2027/28 revenue sharing

The Council of Governors (CoG) has asked the Commission on Revenue Allocation (CRA) to consider additional funding needs running into billions of shillings as it reviews recommendations on revenue…

  • Governors seek Ksh91.5 billion to address funding gaps in 2027/28 revenue sharing
  • Ksh8.6 billion allocated for Universal Health Coverage personnel
  • Ksh65.7 billion designated for newly established or transferred functions

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