The US military launched fresh airstrikes against Iran hours after President Donald Trump vowed to retaliate for the shooting down of a US Army helicopter. Bloomberg's Romy Varghese breaks down the situation. (Source: Bloomberg)
The carmaker will follow Tesla in making components for large batteries used by electric utilities, data centers and other businesses to handle fluctuations in power supply and demand.
Gold extended a decline after the US launched fresh strikes against Iran in retaliation for the downing of a military helicopter, jeopardizing efforts to end the war that’s roiled global markets.
A Florida trading company is in advanced talks to send Cuba the biggest cargo of US fuel since the Eisenhower administration as the island nation contends with an acute energy crisis.
ASML Holding NV’s ascent to fresh record highs has been a highlight for European markets, yet it’s done little to improve what is the stock’s cheapest relative valuation in years.
The pilot, who retired last year before the investigation, held some valid flight credentials, officials said, but not the one required to be a captain.
George Pyne, Founder and CEO of Bruin Capital, discusses the evolving landscape of sports business and investment. The dialogue highlights key aspects of organizing a major global sporting event and the financial strategies shaping the sports industry. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
Asian equities were set to fall as tensions escalated in the Middle East after US forces struck Iran, while technology stocks remained under pressure on Wall Street. Crude oil climbed.
Oil rebounded after the US launched fresh strikes against Iran following the downing of an American helicopter, posing a new threat to a fragile truce that’s been tested by recent attacks in the Middle East.
Dan Hunt, owner of FC Dallas and Co-Chair of the Dallas organizing committee for the 2026 FIFA World Cup, discussed the significant economic impact expected as Dallas hosts nine World Cup matches. Hunt highlighted that unlike Super Bowl visitors who stay less than three days, World Cup fans typically stay just under ten days, leading to increased spending on hotels, restaurants, gas, and retail. He spoke with Julie Fine on "The Close." (Source: Bloomberg)
Brazil’s aim to become a leader in rare-earths mining is running head-on into budget cuts and staffing shortages at the sector’s regulatory agency.
On today’s Big Take Asia podcast, Beijing is trying to stop money from leaving the country. Why now – and what it means for wealthy investors and global markets.
Citigroup Inc. is preparing for a windfall from trading across asset classes, with momentum appearing more sustained than it did early last year, according to Chief Financial Officer Gonzalo Luchetti.
Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E-Trade are among the brokerage platforms making SpaceX shares available.
The trust fund for the program, which supports roughly 68 million Americans, is on schedule to be depleted in the next six years. Benefits could be cut on average by 22 percent.
Bond traders are piling into positions targeting multiple Federal Reserve interest-rate hikes in the coming months, with some looking for a move as early as the September policy meeting.
A private credit fund managed by BDT & MSD Partners LLC — the merchant bank tied to billionaire Michael Dell — sold $300 million of investment-grade bonds on Tuesday.
California is considering a one-time, 5% tax on billionaires to fund healthcare shortfalls tied to major federal cuts. Opponents say it will prompt the uber-rich to leave, while supporters argue states can't afford not to tax wealth that's grown far faster than ordinary incomes. (Source: Bloomberg)
Argentina’s Impsa SA is in talks with the Venezuelan government to restart manufacturing and repairs on turbines for the Andean nation’s sprawling Guri dam complex, according to the company’s top executive.
Chile’s Finance Ministry ditched its goal of balancing the so-called structural budget by 2030 on Tuesday, as the administration struggles to replenish fiscal coffers amid an economic downturn.
Baylor Lancaster-Samuel, Senior Vice President and Chief Investment Officer with Amerant Investments, discusses the current phase of the equity market cycle. She says many clients have a "fear of getting out" of positions too early. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
NASA announced the four astronauts who will fly to space as soon as next year to test out moon landers built by SpaceX and Blue Origin — the next stage in the agency’s ambitious Artemis program to ultimately send humans back to the lunar surface. (Source: Bloomberg)
David Ellison told Ms. Stahl, one of three remaining correspondents for the news program, that he would respect the show’s editorial decisions after a tumultuous stretch.
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
Workers at SoFi Stadium near Los Angeles reached a tentative agreement with management, averting the threat of a strike days before hosting the US team’s first World Cup football match.
A regulatory dispute has indefinitely delayed the release of Siri AI.
Speaker Mike Johnson (R-La.) will head to the White House for a meeting Tuesday, an aide familiar confirmed, as a key spy powers tool’s expiration looms and the House GOP ramps up ambitious plans for a third party-line budget bill. Mick Mulvaney, who served as director of the Office of Management and Budget and as acting chief of staff in Trump’s first term, joined Balance of Power to discuss. (Source: Bloomberg)
Commerce Department data showed exports rose in April, slightly outpacing the growth in imports.
US embassy came out against UK’s proposed under-16 social media ban, which would affect American firms White House displeasure over the prospect of an under-16 social media ban will not deter the UK from cracking down on tech platforms, the British government has said. The technology secretary, Liz Kendall, told the Guardian she was not concerned “in the slightest” by the Trump administration’s intervention in the debate over restrictions, after the US embassy in London posted a notice warning against a ban. Continue reading...
Songyee Yoon is the founder and managing partner of Principal Venture Partners, a Silicon Valley-based early-stage venture firm focused on AI-native companies, and she serves on the advisory council for the Institute for Human-Centered AI at Stanford University. She joins Caroline Hyde on "Bloomberg Tech" to discuss where she sees opportunities at a time of mega AI IPOs and why she thinks "there is still a lot of innovation ahead." (Source: Bloomberg)
The Canadian dollar slid to its lowest level since December on Tuesday, as traders anticipated the Bank of Canada will be slower than its global peers to raise interest rates.
Treasuries rose as falling oil prices overshadowed middling demand at the first of three longer-term US debt auctions this week.
On a Dominican Republic vacation five years ago, private equity boss Matthew Constantino almost died.
Meera Pandit, Global Market Strategist at JPMorgan Asset Management, discusses expectations for the upcoming U.S. CPI report, forecasting a print above 4%. She highlights that gasoline prices peaked in late May and have been declining, which could lead to reduced energy inflation pressure in subsequent reports. (Source: Bloomberg)
175-year-old Stoke-on-Trent company says Christopher Bailey’s investment will ensure continued production Christopher Bailey , the fashion designer who turned the British trenchcoat maker Burberry into a global brand, has acquired the Stoke-on-Trent company Burleigh Pottery along with a small group of private investors. The ceramics company, founded in 1851 and best known for its intricate floral designs, said Bailey’s investment would ensure that production of its cups, saucers and plates could continue without interruption at the city’s Middleport Pottery site. Continue reading...
Dayeon Hong, NATIXIS APAC Rates & FX Strategist, discussed the recent dynamics in South Korea's financial markets, highlighting the resilience of the Korean won despite significant equity sell-offs and foreign outflows. Government interventions and hedging by the National Pension Service have supported the won's appreciation. (Source: Bloomberg)
US spy-tech company to challenge London mayor’s intervention after he raised concerns over breach of procurement rules Palantir intends to sue the London mayor, Sadiq Khan, after he blocked a contract between the US spy-tech firm and the Metropolitan police. The Met had planned to use Palantir’s software to automate intelligence analysis in criminal investigations, until Khan intervened in late May, sparking a row between the UK’s largest police force and the mayor’s office . Continue reading...
Deepali Bhargava, ING Head of Research and Chief Economist for APAC, discussed the current inflation dynamics in Asia in the context of recent geopolitical developments, including a fragile ceasefire and renewed tensions in the Middle East. She highlighted that growth across Asia has remained stronger than expected, supported in part by the tech export sector. (Source: Bloomberg)
Charles Schwab Chief Investment Strategist Liz Ann Sonders says markets may have become complacent about the economic impact of rising energy prices. Speaking with Vonnie Quinn on "Bloomberg Open Interest," Sonders says the economy is on the brink of a potential spike in oil prices and there's a big disconnect between the soft, survey-based economic data and the actual hard data. (Source: Bloomberg)
With his friend Jim Drake, he built the Windsurfer, a sailboard that was cheaper and more portable than most sailboats. It became a global phenomenon.
Try another keyword or clear the search box.
