Gold fell to a two-month low as the dollar strengthened, while heightened Middle East tensions fueled fears over war-driven inflation and investors weighed prospects for at least one more US rate hike this year.
Samsung Electronics Co.’s earnings will test whether it can convince investors of its long-term outlook, an increasingly critical task as record profits have failed to reinvigorate the stock.
Ken Leech, the former co-chief investment officer at Western Asset Management Co., agreed to pay $3 million to settle a US Securities and Exchange Commission lawsuit claiming he’d cherry picked winning trades.
Residents in West Texas describe noise, odors and health concerns from a gas flare operating near their homes as oil producers face scrutiny over pollution and their commitments to curb emissions. Oil giants including ExxonMobil, Occidental Petroleum and others have pledged to reduce or eliminate the flaring practice, but a new investigation by Bloomberg News and The Examination found persistent flames at sites tied to companies participating in the World Bank’s Zero Routine Flaring initiative. For more, we speak with Ben Elgin, Bloomberg News ESG Reporter & Will Evans, Senior Reporter for The Examination. (Source: Bloomberg)
As U.S. mortgage rates rise above 7% for the first time in a couple of years, Elizabeth Bell, Co-Head of Real Estate at Hamilton Lane, discusses whether the broader real estate market has been written off amid a slow post-pandemic recovery, changing consumer spending and higher rates. Bell says the market faces risks from elevated interest rates and geopolitics, which weigh on investment and yields, but still offers opportunities. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
A record-breaking run in stocks hit a wall as still-elevated oil prices stoked concerns that potential inflationary pressures could trigger Federal Reserve interest-rate hikes.
Oil fell in choppy trading as traders weighed a pickup in Iranian attacks on vessels in the Strait of Hormuz against resilient flows from the Middle East.
Donald Trump logró avances importantes entre los votantes latinos en 2024, pero a pocas semanas de las elecciones de mitad de mandato, una encuesta de NBC News y Telemundo muestra señales de desgaste.
El costo de vida, la economía y la política migratoria están detrás del cambio. ¿Qué puede significar para el control del Congreso? (Source: Bloomberg)
Apollo Global Management is scoping out a bigger role in financing debt-laden governments and state-backed companies as they increasingly turn to private capital to plug budget gaps.
Virginia Lieutenant Governor Ghazala Hashmi voiced opposition to NextEra’s proposed $67 billion takeover of utility Dominion Energy Inc., adding an outright objection to the calls for more scrutiny of the deal as it awaits state regulatory approval.
JetBlue Airways Corp. won approval from the US Federal Aviation Administration to take over Spirit Airlines’ takeoff and landing slots at New York’s LaGuardia Airport.
FTSE Russell maintained Turkey’s status as an advanced emerging market, a reprieve for the country after a fund crisis last month that sent stock prices plunging.
Matheus Piovesana conta sobre o crescimento da fortuna do bilionário André Esteves. Com produção de Mariana Lumy e edição de Raphael Almeida.
(Source: Bloomberg)
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Jess Menton. (Source: Bloomberg)
Traders extended their short bets against US government bonds, signaling the selloff that has taken long-term yields to near a 24-year high has room to continue.
The billionaire Brenninkmeijer family’s holding company has named a sixth-generation member as its new chairman, accelerating the succession plans for one of Europe’s richest business dynasties.
