3547 articles
UK Treasury officials are concerned that the prime minister’s talk of using “flexibility” within the fiscal rules to ramp up investment could backfire by destabilizing financial markets, according to...
The US Army wants to see new weapons on the battlefield faster. Tyler Kendall sat down with US Army Secretary Dan Driscoll to discuss the Pentagon's plan to open up five military ranges to private...
Meredith Whitney, CEO of Meredith Whitney Advisory Group, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how many Americans are living payday to payday as well as how consumers are...
Hedge funds sharply reduced bearish bets on the yen after coordinated efforts by US and Japanese officials helped stabilize the currency.
US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve’s willingness to raise interest rates. The...
For the first time since 2023, someone other than Tarik Skubal will win the award ... Dylan Cease and Cam Schlittler are the frontrunners
DraftKings Inc. Chief Executive Officer Jason Robins said he doesn’t think it is good that bettors are placing prediction market wagers on what executives say on company earnings calls.
BlackRock Inc.’s Rick Rieder said last month’s surprise contraction in payrolls reflects a “productivity revolution” rather than economic weakness, arguing that the US economy remains on track for 6%...
The worst trading outage ever in Brazilian financial markets was just the latest disruption over the past year to bedevil investors in Latin America’s biggest economy.
Brasil redujo drásticamente la deforestación gracias a una aplicación más estricta de la ley. Pero la destrucción no se detuvo: cruzó la frontera. ¿Cómo se convirtió Bolivia en la nueva crisis de la...
Soaring markets have swollen the ranks of 401(k) millionaires, and companies have largely freed themselves from costly traditional pension plans in favor of self-directed, employee-funded savings...
The dollar fell Friday after soft US labor data reduced expectations that the Federal Reserve will raise interest rates in the near term.
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.
Take-Two Interactive's quarterly earnings call had plenty of new information about GTA 6, including why the game won't have an early access perk. Speaking to investors, CEO Strauss Zelnick was also...
Rick Rieder, CIO of global fixed income at BlackRock, reacts to the July US employment report, calling it "unremarkable," and says the economy is going through a "productivity revolution." Speaking...
Rick Rieder, CIO of global fixed income at BlackRock, discusses how the company is currently investing in the fixed income market on "Bloomberg The Open." (Source: Bloomberg)
Rick Rieder, CIO of global fixed income at BlackRock, says the July US employment report most likely takes a Federal Reserve rate hike off the table. Speaking on "Bloomberg The Open," Rieder says a...
Rick Rieder, CIO of global fixed income at BlackRock, calls the July US employment report "unremarkable." Speaking on "Bloomberg The Open," Rieder says he expects 6% nominal GDP amid a "productivity...
While most of Take-Two Interactive's games are priced at $70--which became a much more common MSRP for new releases from 2020 onwards--GTA 6 is one of a handful of titles that will retail for $80--a...
After announcing an extended look at GTA 6--with a six-hour exclusivity window for Netflix in a first-of-its-kind reveal--Take-Two has said that marketing for the game is incredibly widespread....
With GTA 6 still scheduled to launch in November, publisher Take-Two Interactive is expecting its current financial year--running from April 1 to March 31, 2027--to be very profitable. The company is...
US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve’s willingness to raise interest rates.
US stock futures rose before the opening bell on Friday after President Donald Trump said negotiations between Iran and Oman over the Strait of Hormuz were “moving along,” and as markets remain...
Christopher Hodge, Natixis Chief US Economist, expects a modest uptick in unemployment in the upcoming US jobs report. He joins Bloomberg's Vonnie Quinn on "Bloomberg Brief." (Source: Bloomberg)
The copper market is tightening fast, with a surge in shipments to the US and rising orders in China setting the stage for a rally that could take global benchmark prices to all-time highs.
Traders are watching for clues to Fed’s next move.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the...
US President Donald Trump said negotiations between Iran and Oman over the Strait of Hormuz are “moving along,” even after some Iranian lawmakers said they would seek to bar American and Israeli...
Wellington Asset Management Ltd has reduced its exposure to US Treasuries, shifting into German bonds after last week’s Federal Reserve meeting fueled doubts about its inflation-fighting credentials.
Dream Finders Homes Inc. has agreed a roughly $916 million deal to buy rival Beazer Homes USA Inc.
Hindalco Industries Ltd.’s first-quarter profit jumped 75%, beating estimates after supply disruptions from the Middle East war drove metal prices higher.
Banca Monte dei Paschi di Siena exceeded profit expectations in the second quarter. Rival lender Banco BPM last week dropped a proposal to Monte Paschi to start merger discussions. Bloomberg's Steven...
State Bank of India reported better-than-expected profit in its first quarter, as the country’s biggest lender benefitted from strong credit growth in the world’s fastest-growing major economy....
Just a decade ago, tinned fish was hardly a premium product. Most Americans likely associated cans of tuna with thrift. But that has changed a lot in recent years. The category took off during Covid...
Fahad Kamal, CIO at Coutts, discusses maintaining an overweight position on risk assets driven by a positive macroeconomic environment, supportive labor market data and AI investment. "Everything...
Goodwin Plc, a family-run UK engineering firm founded more than 140 years ago, has started a strategic review that may lead to the sale of a large chunk of a key business.
Bajaj Finance Ltd. led declines in Indian shadow lender stocks as the central bank proposed to bar them from offering revolving credit facilities.
Japan’s four largest life insurers reported that their combined unrealized losses on domestic bonds increased 7% in the three months through June, showing the risks to the industry from soaring...
Anna Edwards, Lizzy Burden and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
European stocks rose for a fourth week in a row as a stronger-than-expected earnings season and growing M&A chatter lifted regional benchmarks to fresh records.
South Korea’s Nextrade will temporarily prohibit orders placed at the daily price limit following recent flash crashes in SK Hynix Inc. shares during the pre-market session.
Bond investors are bracing for labor market data Friday, which could cool growing expectations the Federal Reserve raises interest rates at its next meeting in September.
Volkswagen AG’s majority owner urged Europe’s biggest carmaker to move quickly on cutting costs and excess capacity to return to competitiveness.
The manager of a $9.6 billion Lazard Asset Management fund used the July plunge in Samsung Electronics Co. to add the stock to her portfolio for the first time in more than a year.
Amidst an already volatile economic and geopolitical backdrop, Europe is faced with a new a challenge in the form of an escalating climate crisis. Hot, dry weather across the continent has put...