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Latest news from trusted sources around the world

Dow Average Hits Peak as Jobs Ease Fed-Hike Worry: Markets Wrap
Economy Bloomberg
Dow Average Hits Peak as Jobs Ease Fed-Hike Worry: Markets Wrap

A sharp slowdown in the US jobs market spurred gains in most stocks on Wall Street amid speculation the Federal Reserve won’t be forced to …

Oil Extends Slide as More Barrels Flow Through Strait of Hormuz
Economy Bloomberg
Oil Extends Slide as More Barrels Flow Through Strait of Hormuz

Oil extended its slide to pre-war levels as flows through the Strait of Hormuz increase and traders grapple with signs of oversupply.

Hikers Turn to AllTrails App to Navigate Nature
Economy Bloomberg
Hikers Turn to AllTrails App to Navigate Nature

AllTrails CEO Liz Hamren is joined by Bloomberg's Adam Thompson to discuss how to navigate the summer hiking season and break down how to visit …

Economy Financial Times
Trump made up to $1.4bn in stock purchases in 2025

FT analysis shows US president declared more than 22,000 share transactions last year

Meta Platforms Getting Into Cloud Infrastructure Business | Closing Bell
Economy Bloomberg
Meta Platforms Getting Into Cloud Infrastructure Business | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. …

Chuck E. Cheese CEO Highlights Growth in Birthday Party Business
Economy Bloomberg
Chuck E. Cheese CEO Highlights Growth in Birthday Party Business

Scott Drake, CEO of Chuck E. Cheese, discussed the company's strategy to connect with customers through family-friendly, clean, and safe entertainment options. He highlighted the …

Japan's $13 Billion Global Anime Merchandise Goal
Economy Bloomberg
Japan's $13 Billion Global Anime Merchandise Goal

Anime has become a global entertainment powerhouse, attracting billions of dollars in investment and fans worldwide. Now, companies including Marubeni are targeting the fast-growing $13 …

South Korean Banks Expand Trading Floors for 24-Hour Won Market
Economy Bloomberg
South Korean Banks Expand Trading Floors for 24-Hour Won Market

South Korea’s biggest lenders are boosting trading desks in London and Seoul to prepare for the won’s round-the-clock trading starting next week.

Economy Financial Times
KNDS postpones IPO after investors balk at €12bn-plus valuation

Franco-German tank maker says it will wait for ‘more favourable’ market conditions

Economy Financial Times
Shares in Uber-backed Lime climb after it raised $167mn in IPO

Bike and scooter group’s shares were initially priced at $25 in deal underwritten by Goldman Sachs, JPMorgan and Jefferies

Economy Financial Times
Mega takeovers drive record $2.8tn in dealmaking

Companies and investors turn to M&A as they adjust to economic shifts driven by the rise of AI

Tankmaker KNDS Delays IPO as Investors Cool on Defense Stocks
Economy Bloomberg
Tankmaker KNDS Delays IPO as Investors Cool on Defense Stocks

Tankmaker KNDS postponed its initial public offering, as weakness in European defense stocks derailed what was expected to be the biggest first-time share sale in …

Economy Financial Times
World Bank to phase out China lending

Decision from global development institution follows years of pressure from the Trump administration

Economy Financial Times
Supreme Court checks Trump, but empowers the presidency

Despite losses on tariffs and birthright citizenship, the executive has emerged stronger

Economy Financial Times
Zelenskyy urges EU to sanction Russian-owned alumina plant in Ireland

Call on the opening day of Dublin’s EU presidency adds to pressure over Aughinish Alumina smelter

One Almost-Goldilocks Report
Economy Bloomberg
One Almost-Goldilocks Report

While we wait for the jobs data.

New York, Chicago Grids Strain as Record Heat Wave Expands
Economy Bloomberg
New York, Chicago Grids Strain as Record Heat Wave Expands

Power grids from Chicago to New York City are bracing for sky-high demand as sweltering heat begins to build across the eastern half of the …

Warsh Taps Ex-BOE Chief King for New Fed Communications Task Force
Economy Bloomberg
Warsh Taps Ex-BOE Chief King for New Fed Communications Task Force

Federal Reserve Chairman Kevin Warsh has tapped former Bank of England Governor Mervyn King to co-chair the US central bank’s new task force on communications.

Economy Financial Times
Inside Le Lappe – Remy Renzullo’s first hotel

The interiors wunderkind has turned his eye to a ‘wonderful blank spot’ in Tuscany – we get the first look

Economy Financial Times
Millennium and Point72 gain as hedge funds rebound from Iran war

Izzy Englander and Steve Cohen’s firms post double-digit returns in first half of year

Economy Financial Times
FedEx strikes $1.4bn deal to sell logistics unit to CMA CGM

French shipping group aims to expand in US and strengthen foothold in supply chain

Economy Financial Times
Democratic socialist wins Colorado primary

Melat Kiros’s victory is latest challenge to Democratic Party leaders ahead of crucial US midterm elections

US Stocks Rise as Traders Weigh Warsh Remarks, Manufacturing
Economy Bloomberg
US Stocks Rise as Traders Weigh Warsh Remarks, Manufacturing

US stocks pared earlier losses as fresh economic data painted a picture of resilience, while traders assessed commentary from Federal Reserve Chairman Kevin Warsh.

Economy Financial Times
Germany woos Trump with plan to make US weapons in Europe

Talks on ‘joint production concepts’ accelerate ahead of Nato summit

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