Edward Yardeni, president at Yardeni Research, says the rise in yields “might be the revenge of the bond vigilantes” and explains why he finds good and bad news in the rapid repricing of the bond market. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
¿Se puede apagar una IA que se vuelve demasiado poderosa? EE.UU. estudia exigir mecanismos de emergencia para detener modelos avanzados, pero expertos advierten que un simple interruptor podría no ser suficiente. (Source: Bloomberg)
Morgan Stanley has set up a Digital Asset Lab to test technologies including stablecoins, tokenization and decentralized finance applications as the Wall Street bank explores how blockchain-based systems could be used across its business.
A US import ban on a select number of Canadian products is in effect, marking the latest salvo in the rising trade conflict between the two countries. Brendan Murray has the details on Bloomberg Television. (Source: Bloomberg)
"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 story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Brad Rogoff, Barclays Global Head of Research; Sherif Foda, NESR CEO; Paul Zwillenberg, Kantar CEO; Kanishka Narayan, UK Artificial Intelligence Minister (Source: Bloomberg)
CarMax Inc. shares rose the most since June after the company reported comparable used-vehicle sales that expanded more than expected, showing its revival efforts are taking hold even as consumer sentiment falters.
Health and fitness ring-maker Oura Inc. became the latest company to delay a US initial public offering, citing uncertainty in the market for first-time share sales.
High gold prices and steep taxes are driving more Indian buyers into under-the-counter cash sales, where bullion and jewelry change hands without invoices that can be traced by authorities.
The board of Goldman Sachs has discussed a plan for Chief Operating Officer John Waldron to succeed David Solomon as CEO as early as next year, according to the Wall Street Journal. With the latest plan, Waldron could take over toward the end of 2027 or in 2028, the Journal said. Bloomberg Opinion's Paul Davies breaks down the situation and its significance. (Source: Bloomberg)
More than €2 billion ($2.3 billion) was wiped off the value of French airport and highway operators on Tuesday after the government said it’s considering higher taxes on transport infrastructure.
The Chinese military opened a new logistics base at an airport in Laos, expanding the People’s Liberation Army’s overseas presence as it seeks to operate farther from home.
Thailand may turn to shorter-term instruments to meet the government’s borrowing needs in the fiscal year starting Oct. 1, a top official said, as rising US Treasury yields drive turbulence across global bond markets.
Texas is allowing wider use of so-called dyed diesel that’s normally limited to off-road vehicles, as a global fuel crunch boosts prices and prompts President Donald Trump to consider banning US exports.
Julius Baer has applied for permission to restart share buybacks after Swiss regulator Finma concluded its enforcement procedure against the wealth manager, removing a long-standing overhang that has weighed on the stock. Juilius Baer came under scrutiny following steep losses from dealings with Austrian property tycoon Rene Benko. Bloomberg's Tom Metcalf explains.
(Source: Bloomberg)
Milwaukee is well-known for its brewing heritage, but increasingly it's making a name for itself at the dinner table. Bloomberg's Five Top Tables has a few restaurants you should check out if you find yourself in the city. Ashley Novak explains (Source: Bloomberg)
Norway’s $2.3 trillion sovereign wealth fund is concerned that shareholder rights are weakening in many markets, risking long-term value creation in equities.
Angola raised 208.5 billion kwanzas ($224 million) from the sale of a 34% stake Standard Bank Group Ltd.’s local unit, with investor demand almost double the shares offered and Africa’s biggest lender boosting its controlling interest in the lender.