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Rich Clarida's Money Splurge: Music, New Album
Former Federal Reserve Vice Chairman Richard Clarida talks to Tom Keene and Scarlet Fu on "Bloomberg Money" about his music and upcoming album. (Source: Bloomberg)
Zitron: "Everyone Has Been Sold a Lie" on AI
Following earnings this week that saw tech giants like Microsoft and Amazon report aggressive AI spending plans, EZ Primary Research CEO Ed Zitron gives his …
Branches of K-Shaped Economy Diverging Even Wider: Clarida
Former Federal Reserve Vice Chairman Richard Clarida, and now a global economic adviser for Pimco, talks to Tom Keene and Scarlet Fu on"Bloomberg Money". Clarida …
George Santos to Pay $35,000 Over ‘Manipulative’ Kalshi Bet
Former Congressman George Santos agreed to pay more than $35,000 to settle allegations he manipulated a wager on prediction market platform Kalshi about whether he’d …
Yen Gains on Intervention, Reports of Buying By Both US, Japan
US and Japanese authorities extended efforts to shore up the yen on Friday, with the currency strengthening more than 1% against both the dollar and …
Brazil Market Trading Resumes After Widespread Halt Hits B3
Trading across most Brazilian assets resumed Friday, hours after technical issues at the country’s main exchange halted activity for nearly half of the session.
US Stocks Falter as AI-Driven Rally Fades Despite Amazon Blowout
US stocks traded mixed on Friday, erasing earlier gains that were driven by Amazon.com Inc.’s 13% share surge. The company’s stellar results had lifted a …
NY Sues Kalshi for Running an ‘Illegal Gambling’ Operation
New York state authorities sued the predictions-market company Kalshi Inc. for allegedly running an illegal, unlicensed gambling operation in the state, marking another legal hurdle …
Foreign Investors Shun Nigeria’s World-Beating Equities
Foreign investors shunned Nigerian stocks this year, choosing to focus on fixed-income assets, missing out on a 66% rally that made the market the world’s …
Peter Frankopan on Trump’s Iran ‘War of Choice'
"If you decide to fight a war of choice, it's very hard to win." 'The Silk Roads' author Peter Frankopan tells Mishal Husain why America …
Dollar Heads for Worst Week in Three Months as Fed Doubts Grow
The dollar headed for its worst week in three months on concerns the Federal Reserve won’t move forcefully enough to contain inflation.
European Stocks Trim Monthly Gain as Novo Nordisk and UMG Slump
European shares erased Friday’s gains, as Novo Nordisk A/S slumped after a failed drug study and Universal Music Group NV sank to a record low …
European Gas Prices Poised for Biggest Monthly Gain Since March
European natural gas prices are poised for their biggest monthly gain since March as the war in the Middle East continues to disrupt global energy …
Swiggy, Eternal Stocks Surge as Zepto’s India IPO Hits Roadblock
Shares of the main competitors to Indian rapid-commerce firm Zepto Ltd. are set for their best month in years after the loss-making company’s planned initial …
BOJ Holds Rate Steady And Upgrades View on Economy
The Bank of Japan kept its policy settings unchanged and nudged its economic growth forecast higher, signaling confidence that the economy remains on track for …
PBOC’s Weaker Daily Fixing to Temper Yuan Gains, Analysts Say
China’s central bank set the yuan’s fixing at a weaker-than-expected level, a move that some analysts said may indicate a desire to slow the pace …
Asian Stocks Post Biggest Gain in Four Months on AI Optimism
Asian stocks posted their biggest gain in nearly four months as investors piled into chipmakers, after blockbuster earnings from major tech firms reinforced optimism over …
Yen Swings in Choppy Trading as Intervention Rally Sputters
The yen swung between gains and losses after its intervention-driven rally stalled on Friday as the Bank of Japan kept interest rates steady and Governor …
Stock Run Wavers as Bonds Stay Volatile After Fed: Markets Wrap
Wall Street traders sent stocks wavering as a rally in chipmakers waned while further losses in bonds showed the market is struggling to process the …
Latest Oil Market News and Analysis for July 31
Oil climbed as traders wrestled with threats to supply from the Persian Gulf to the Black Sea, leading some traders to layer on risk ahead …
Amazon Tops Estimates | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec. …
Coinbase Posts Loss as Revenue Drops for Another Quarter
Coinbase Global Inc. reported a third consecutive quarterly decline in revenue, showing once again how a cooling crypto market can pressure even one of the …
Reddit Projects Strong Sales, But No New AI Deals
Reddit Inc. projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce …
BOE Governor Bailey on Rates, Uncertainty, Labor Market
Bank of England Governor Andrew Bailey tells Bloomberg's Francine Lacqua there is "huge uncertainty" in the world at the moment, including around energy prices. He …
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