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Latest news from trusted sources around the world

Economy Bloomberg
AI Trade Is In ‘Kindness of Strangers’ Phase, Says One CIO

If investors are still harboring major worries about the disappearing cash flows at some Big Tech companies, you’d never know it by looking at the …

Economy Bloomberg
Emerging Market Assets Gain as Oil Drops to About $80 Per Barrel

The indexes for emerging-market currencies and stocks advanced on Tuesday, rebounding from an earlier selloff amid optimism the US and Iran are nearing a deal …

Economy Bloomberg
Crop Trader ADM Raises 2026 Outlook as Biofuels Drive Growth

Archer-Daniels-Midland Co. raised its 2026 profit outlook for a second time, as the crop trader increasingly looks to biofuels as a major driver of growth.

Economy Bloomberg
Italy’s Nextalia Raises €1.1 Billion for New Private Equity Fund

Italy’s Nextalia Investment Management raised over €1.1 billion ($1.3 billion) for its second private equity strategy fund, targeting opportunities in its home market.

Economy Bloomberg
Intervention Efforts Failing to Turn Tide for Yen

Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the …

Economy Bloomberg
SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge

SpaceX’s first earnings release following its record initial public offering is one of the most anticipated reports of the summer for traders on Wall Street …

Economy Bloomberg
Copper Tops $14,000 as US Stockpiles Swell Before Tariff Call

Copper advanced to the highest in two months, reaching $14,000 a ton in London, as traders monitored ballooning volumes held in the US ahead of …

Economy Bloomberg
Japan's Equities Risk Tactical Correction: Goldman's Moe

Goldman Sachs Chief APAC Regional Equity Strategist Timothy Moe discusses Japan's macroeconomic environment following recent currency market intervention, warning that Japanese stocks risk a tactical …

Economy Bloomberg
Australia’s Housing Market Worsens

Australia's housing downturn is accelerating, with higher interest rates and weaker investor demand driving the biggest home price declines since late 2022. REA Group Senior …

Economy Bloomberg
Yen Rally Stalls Even as Bessent Vows Support After Intervention

The yen’s rally stalled Tuesday even as US Treasury Secretary Scott Bessent pledged continued support for Japan following a historic joint intervention.

Economy Bloomberg
Gold Gains With US-Iran Deal Hopes and Fed Outlook in Focus

Gold advanced as the prospect of an interim deal to reopen the Strait of Hormuz eased inflation concerns, prompting traders to pare bets on further …

Economy Bloomberg
S&P 500 Set for All-Time Highs on Hormuz Deal Push: Markets Wrap

Hopes for a deal to revive the Strait of Hormuz lifted stocks toward all-time highs, bonds rose and oil sank, with Wall Street’s enthusiasm also …

Economy Bloomberg
Why Japan’s Economy Matters to the US

Both Japan and the US are intervening to strengthen the yen. John Authers explains why it’s happening and why it matters. (Source: Bloomberg)

Economy Bloomberg
Korean Firms Expanded Short-Term Debt Funding Before Market Rout

South Korean financial companies and other firms borrowed more money in short-term debt markets in the first half of the year amid an unprecedented stock …

Economy Bloomberg
Williams Agrees to Buy Momentum Midstream for $5.5 Billion

Williams Cos. reached a deal to buy Momentum Midstream LLC from the private equity firm EnCap Flatrock Midstream through a deal valued up to $5.5 …

Economy Bloomberg
Yen Rises Amid Speculation of More Intervention After US Support

The yen rallied sharply on Monday amid speculation that authorities may have intervened to prop up the currency again after coordinated action between the US …

Economy Bloomberg
Tyson Falls on 3Q Results; Bristol-Myers Squibb Surges on Potential Acquisition | …

On this episode of Stock Movers: - Bristol-Myers Squibb (SQB) shares are surging on news AstraZeneca (AZN), whose shares are lower, is exploring an acquisition …

Economy Bloomberg
Oil Slips as Trump Holds Off Iran Attack, Says Talks to Resume

Oil fell after US President Donald Trump said he called off a planned attack on Iran and that new talks with the Islamic Republic would …

Economy Bloomberg
India Raises Fuel Export Tax to Build Stocks on War Concerns

India increased levies on exports of oil products to bolster domestic fuel stockpiles while global supplies remained tight despite a pause in fighting between the …

Economy Bloomberg
Senators Urge CFTC to Curb Wildfire Prediction Market Bets Over Arson Concerns

A group of Democratic senators urged the Commodity Futures Trading Commission to rein in prediction market trading on wildfires, expressing concern that individuals could be …

Economy Bloomberg
Rocky Debut for India Closing Auction Sparks Worries Over Expiry

India’s weekly derivatives expiry will be closely watched on Tuesday after a new closing auction system unexpectedly pushed the NSE Nifty 50 Index higher on …

Economy Bloomberg
Trump Family-Linked Bitcoin Miner Posts Second-Quarter Loss

American Bitcoin Corp., the Trump family-backed miner launched last year just before the cryptocurrency tumbled from record highs, posted a third consecutive quarterly loss after …

Economy Bloomberg
Whole Foods is Shedding the "Whole Paycheck" Label

Under Amazon, Whole Foods is shedding its "whole paycheck" reputation. The chain has cut prices and expanded private label selection in a bid to attract …

Economy Bloomberg
Morgan Stanley’s Wilson Tips Earnings to Revive Momentum Trade

Momentum-style equity investing is poised to rebound from a sharp retreat as sectors with strong earnings replace chip stocks in leading the market’s gains, Morgan …

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