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Economy Bloomberg
Stocks and Bonds Rise as Jobs Ease Fed-Hike Wagers: Markets Wrap

A sharp slowdown in the US jobs market drove stocks higher while bond yields fell on speculation the Federal Reserve won’t be forced to raise …

Economy Bloomberg
Follow the Money All the Way to Carney's Canada

Bloomberg News Editor-in-Chief Emeritus Matt Winkler explains what is behind Canada's investment boom. The country's government poised to attract record investment from outside its borders …

Economy Bloomberg
Elanco CEO on Boosted Forecast, Surge in Tick Bites

Elanco Animal Health President and CEO Jeff Simmons discusses what's behind the company's increased profit and revenue forecasts. Speaking on "Bloomberg The Close," Simmons also …

Economy Bloomberg
AIG Profit Beat Estimates, Cites Strong Underwriting

American International Group Inc. reported second-quarter results that surpassed Wall Street expectations, roughly two months after Eric Andersen took over as chief executive officer.

Economy Bloomberg
Elf Beauty Expands Into Hair Care Products

Elf Beauty Chief Executive Officer Tarang Amin says the company is excited about expanding into hair care products. It launched a new partnership with Target …

Economy Bloomberg
Dollar Notches Best Day in Two Weeks as Oil Prices Advance

The dollar finished its best day in two weeks as oil prices advanced amid fading optimism over easing tensions in the Middle East.

Economy Bloomberg
Roivant Expects FDA to Approve First Major Drug

Roivant Chief Executive Officer Matt Gline expects the FDA to approve the launch of a drug used to fight a debilitating skin disease. He says …

Economy Bloomberg
Software Development Productivity to Permeate Other Sectors, Says Jonathan Curtis

Jonathan Curtis, Portfolio Manager for Franklin Equity Group, discusses the AI space and how the productivity we've seen in software development will begin to spread …

Economy Bloomberg
‘Sell America’ Debate Re-Emerges as US Policy Sows Doubt

Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out …

Economy Bloomberg
Alphabet Lures Investors to Mega Bond Deal With High Premiums

Alphabet Inc. is looking to raise as much as $25 billion from its latest US investment-grade bond offering, a deal that is testing investor appetite …

Economy Bloomberg
Debt-Fueled Solar Firm GoldenPeaks Accused of Fraudulent Lending

The collapse of solar-power developer GoldenPeaks Capital followed a number of seemingly “fraudulent” transactions between some entities, according to a court-appointed administrator overseeing the group’s …

Economy Bloomberg
WPP Soars Most on Record After Turnaround Effort Gains Steam

WPP Plc shares soared the most since its 1995 initial public offering after the advertising agency reported its turnaround efforts are gaining momentum.

Economy Bloomberg
Zurich Insurance Sees No Material Exposure to Wildfires

Zurich Insurance Group AG reported a 13% gain in profit for the first half of 2026 and said it doesn’t expect to have any material …

Economy Bloomberg
Japan 30-Year Bond Sale Sees Firmer Demand Than 12-Month Average

Japan’s 30-year bond auction drew stronger demand than its 12-month average as high yields attracted investors.

Economy Bloomberg
KRW/USD: Korean Won Rises to Highest Since October on Exporters Dollar Sales

The South Korean won rose to the strongest level in almost 10 months as exporters converted their dollar earnings into the local currency.

Economy Bloomberg
Retailer Dien May Xanh Rises in Trading Debut as Market Rebounds

Dien May Xanh Investment JSC, an electronics retail chain unit of Mobile World Investment Corp., rose in its trading debut on Thursday amid a broader …

Economy Bloomberg
Iran Says Agreement on Hormuz Shipping Reached With Oman

Iran said it had reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a …

Economy Bloomberg
US Policies Reignite Debate Over ‘Sell America’ Trade Strategy

Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out …

Economy Bloomberg
Stocks Waver as Traders Await Iran Deal, Jobs Data: Markets Wrap

Stocks struggled for direction amid weakness in the technology sector, with investors awaiting developments in US-Iran talks and looking ahead to Friday’s key US jobs …

Economy Bloomberg
Latest Oil Market News and Analysis for Aug. 6

Oil held losses as Iran said it reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, raising the prospect …

Economy Bloomberg
Hedge Funds Take Big Hit in July After Bruising AI Selloff

A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell …

Economy Bloomberg
Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow

Federal Reserve Governor Lisa Cook cautions that the longer inflation remains above the central bank’s goal, the tougher the job will be to rein it …

Economy Bloomberg
MNTN CEO on Disney’s Ad Business, Streaming Wars Outlook

MNTN CEO Mark Douglas discussed the current state of the connected TV and streaming advertising landscape following a strong earnings report from his company, which …

Economy Bloomberg
Phillips 66 Expects Soaring Fuel Margins to Last Into 2027

Fuel-makers enjoying skyrocketing profits will likely keep reaping standout margins through the next quarter and beyond, according to an executive from a top US refiner.

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