Strategists including those at Wells Fargo & Co. and Citigroup Inc. expect the yen to weaken as they anticipate the Bank of Japan will disappoint investors after its meeting on Friday by being less hawkish than the market expects.
Thames Water’s senior creditors should be blocked from taking full control over the utility, a group of British lawmakers said Friday.
CNBC's Jim Cramer said investors shouldn’t assume stocks will struggle for the entire period.
Anthropic said it measured AI-led research and development, oversight of AI agents and compute allocation within the company.
Asian stocks and bonds were set to rise, tracking a Wall Street rally as a pullback in oil prices eased inflation concerns and helped revive appetite for risk. The yen was steady ahead of the Bank of Japan’s rate decision.
Oil dropped for a third day as supply concerns eased and traders looked to the next round of diplomacy that’ll shape the US-Iran war.
Kai-Fu Lee, CEO of 01.AI, says he suspects American AI companies may already have developed models that are "really great, but also really scary." He discusses this on "Bloomberg: The China Show" on the sidelines of the BNP Paribas Global Markets…
Macerich's President and CEO, Jack Hsieh, joins the program shortly after presenting at the Bank of America real estate conference. The segment is framed around Macerich and the broader theme of "tracking the shopping mall resurgence." He speaks…
Liz Ann Sonders, Charles Schwab chief investment strategist, says there is no one asset allocation that makes sense for every investor. She says the firm is neutral on equities, less favorable on fixed income, and more favorable on commodities…
Vincent Reinhart, Chief Economist over at BNY Investments, discusses the Bank of Japan’s upcoming rate decision due Friday. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
DoubleLine Capital chief executive Jeffrey Gundlach warned that the next US downturn could trigger a debt crisis that sends long-term Treasury yields sharply higher — defying decades of conventional wisdom that bonds will always serve as safe haven…
The State Department notified Congress that it plans to sell Saudi Arabia up to 48 F-35 warplanes in a first-time sale that could be worth as much as $24.3 billion. The sale of the Lockheed Martin Corp. fighter jet to Saudi Arabia has been in the…
Jeni Britton, founder of Jeni’s Splendid Ice Creams and now Founder and CEO of Floura, discussed her shift from ice cream to fiber-based snacks made from produce trim like apple cores, watermelon rinds, mango and pineapple rinds. Britton…
For decades, the Japanese yen has been one of the world’s favored currencies for investors looking to borrow cheaply and put that money into assets offering higher returns.
Saudi Arabia is ramping up prompt sales of crude from outside the Strait of Hormuz following the shutdown of the kingdom’s East-West pipeline, which halted cross-country flows to its Red Sea coast. The sale helped attribute to a fall in oil prices…
Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters.
Japan’s rising yields are drawing record demand for retail government bonds, offering a potential new source of funding just as policymakers seek to contain borrowing costs and reduce market supply.
Sen. Martin Heinrich, D-N.M., blocked bipartisan legislation aimed at reining in data center-related utility cost increases, calling the bill a half-measure.
Canada auctioned long-term bonds at the highest yield in 19 years, as upside inflation risks create higher borrowing costs for governments around the world.
The urgency with which Anthropic, OpenAI and xAI have sought to be regulated has not translated into action on Capitol Hill.
As the midterm elections approach, Republicans are touting President Donald Trump's "big beautiful bill" to voters. Here's who benefited from the tax cuts.
A senior Glencore Plc executive last year urged counterparts at Radiant World not to communicate by email, according to WhatsApp messages from the company’s head of iron ore seen by Bloomberg News.
The problem for investors: much of what's flowing through the airwaves is noise and won't help you make money.
Bloomberg's Shruti Singh joins Scarlet Fu on "Bloomberg Real Yield." Blackstone-owned QTS proposed a massive data center in Clinton, Iowa, that would bring thousands of construction jobs and provide nearly $200 million in property taxes in its…
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