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Latest news from trusted sources around the world

Economy Bloomberg
Northeast Faces Wind, Rain and Coastal Flooding

Bloomberg News meteorologist Craig Allen tells Bloomberg This Weekend that the nor'easter will bring waves of heavy rain and strong winds to the Northeast, along …

Economy Bloomberg
Trump-Xi Summit Yields Coal Pledge as Tariff Talks Extend

China agreed to import at least 10 million metric tons of coal from the US next year and again in 2028, according to the White …

Economy Bloomberg
Billionaire Charoen’s Asset World Targets $1 Billion REIT IPO

Asset World Corp Pcl’s new Thai Real Estate Investment Trust aims to raise at least $1 billion through a listing as it seeks funds to …

Economy Bloomberg
Blackstone Cements Shift From Star Dealmakers With Baratta Exit

If there was any doubt that Jon Gray is now the center of gravity at Blackstone Inc., the past few weeks have erased it.

Economy Bloomberg
Wall Street Week | China’s Trade Reckoning, Syracuse’s Second Chance, Humanoids in …

This week, Council on Foreign Relations President Michael Froman breaks down China's export machine, why twenty years of US pressure hasn't worked, and what happens …

Economy Bloomberg
Ellison Pledges $9.2 Billion More in Oracle Shares for Loans

Larry Ellison, a key figure behind Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc., has pledged 67 million more shares of Oracle Corp. …

Economy Bloomberg
Search for the Next Leader of the UN

UN Secretary General Antonio Guterres' term ends this year, and three Security Council straw polls have provided no consensus. Guyana’s Permanent Representative to the UN …

Economy Bloomberg
Keeneland CEO on Annual Yearling Sale

Shannon Arvin says Keeneland’s yearling sale is running ahead of last year’s pace and is on track to top $550 million, making it the largest …

Economy Bloomberg
Jev, an AI Model That Can’t Chat, Takes On Bigger Rivals

Jev, an AI model built by a former OpenAI researcher, went viral over the past week with the promise of a cheaper and faster alternative …

Economy Bloomberg
Investing For The Great Wealth Transfer: Masters In Business

Barry speaks with Adam Frank, Managing Director and Head of Wealth Planning and Advice at J.P. Morgan Wealth Management. They discuss his time at Bear …

Economy Bloomberg
Wall Street’s ‘80/20’ Shift Finds Fresh Fuel in Stock Bounceback

Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, …

Economy Bloomberg
The Tiny Magnet Maker That Attracted $1.6 Billion From Lutnick

In late January, the week before Commerce Secretary Howard Lutnick announced a $1.6 billion government commitment to fund a US magnet maker, bankers at his …

Economy Bloomberg
Great Bond Shakeout Locks In a 5% World ‘Until Something Breaks’

As yields on US Treasuries soar past one high after the next, a reality is sinking in deeper across Wall Street and Washington: More than …

Economy Bloomberg
SK Hynix’s Solidigm Is Said to Weigh US IPO as Soon as …

SK Hynix Inc.’s Solidigm is considering a US initial public offering as soon as next year, according to people familiar with the matter.

Economy Bloomberg
Japanese Finance Minister: Takaichi is ‘Not a Reflationist’

Japanese Prime Minister Sanae Takaichi is not a reflationist, her finance minister said, pushing back against investor concerns over the government’s spending plans and its …

Economy Bloomberg
The Untapped Value of Tennis Stars

Winners Alliance CEO Ahmad Nassar joins Bloomberg Open Interest to explain why professional tennis needs wholesale reform. He says the sport remains too fragmented, and …

Economy Bloomberg
Bond Selloff Fades as Oil Cools, Lifting Stocks

The final stretch of a jittery week on Wall Street saw a rebound in stocks as oil prices fell, easing a selloff in bonds that …

Economy Bloomberg
Treasury Volatility Eyes Biggest Jump in Year as Bonds Churn

A measure of Treasury volatility is heading for its biggest jump in more than a year after bond yields rose to multi-decade highs, jolting the …

Economy Bloomberg
This Is a World Many Bond Investors Have Never Seen Before

Bond yields at 5% are the new norm, if not the floor.

Economy Bloomberg
Why High Yields on US Treasury Bonds, Government Debt Look Like the …

Government borrowing costs have been climbing around the world as investors demand more compensation to entice them to hold longer-maturity debt. The rise in US …

Economy Bloomberg
European Stocks Post First Weekly Gain in Four as Oil Retreats

European shares rose Friday, notching their first weekly gain in a month, as oil prices pulled back on hopes of progress toward reopening the Strait …

Economy Bloomberg
Dollar’s Best Run Since March Has Wall Street Rethink View

The dollar wrapped up its best two-week stretch in six months, a sharp reversal that Wall Street strategists say could keep the currency supported through …

Economy Bloomberg
Yen Rises as Japanese Officials Say Weak Currency Is a Problem

The yen was headed for its best day in almost three weeks as Japanese officials discussed the problems tied to a weak currency in meetings …

Economy Bloomberg
Banks Tap Billions in BOE Repo Cash to Profit on Bond Trades

There’s a hot money-minting trade in London, fueled by cheap financing doled out by the Bank of England.

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