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Latest news from trusted sources around the world

Economy Bloomberg
Keeneland CEO on Annual Yearling Sale

Shannon Arvin says Keeneland’s yearling sale is running ahead of last year’s pace and is on track to top $550 million, making it the largest …

Economy Bloomberg
Jev, an AI Model That Can’t Chat, Takes On Bigger Rivals

Jev, an AI model built by a former OpenAI researcher, went viral over the past week with the promise of a cheaper and faster alternative …

Economy Financial Times
Walmart chief rules out personalised pricing as AI transforms retail

Largest US retailer issues open letter saying it will not use electronic shelf labels to change costs based on shopper identity

Economy Bloomberg
Investing For The Great Wealth Transfer: Masters In Business

Barry speaks with Adam Frank, Managing Director and Head of Wealth Planning and Advice at J.P. Morgan Wealth Management. They discuss his time at Bear …

Economy Bloomberg
Wall Street’s ‘80/20’ Shift Finds Fresh Fuel in Stock Bounceback

Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, …

Economy Bloomberg
The Tiny Magnet Maker That Attracted $1.6 Billion From Lutnick

In late January, the week before Commerce Secretary Howard Lutnick announced a $1.6 billion government commitment to fund a US magnet maker, bankers at his …

Economy Bloomberg
Great Bond Shakeout Locks In a 5% World ‘Until Something Breaks’

As yields on US Treasuries soar past one high after the next, a reality is sinking in deeper across Wall Street and Washington: More than …

Economy Financial Times
Iran offers US new seven-day ceasefire proposal

Foreign minister says plan could see Strait of Hormuz reopen within a week

Economy Financial Times
Houthis promise not to target European ships

Pledge comes as container shipping through key Bab al-Mandeb Strait reaches highest level in almost three years

Economy Financial Times
US bond sell-off pushes long-term yields to highest since 2004

Investors ‘don’t want to hold risk going into the weekend’, said one investor, as market heads for worst week since 2024

Economy Financial Times
Blackstone’s top private equity executive prepares exit for possible public service move

Joseph Baratta, one of the company’s best-paid employees, plans to leave the group after almost three decades

Economy Financial Times
Soaring bond yields ‘not even close’ to cooling red-hot US economy, investors …

Rising borrowing costs so far show no sign of putting a brake on activity in world’s biggest economy

Economy Financial Times
Blair’s think-tank offers political access to $25,000-a-year corporate members

BP, Uber and Amazon are among corporate members of the non-profit’s membership programme, the Global Network for Change

Economy Bloomberg
SK Hynix’s Solidigm Is Said to Weigh US IPO as Soon as …

SK Hynix Inc.’s Solidigm is considering a US initial public offering as soon as next year, according to people familiar with the matter.

Economy Bloomberg
Japanese Finance Minister: Takaichi is ‘Not a Reflationist’

Japanese Prime Minister Sanae Takaichi is not a reflationist, her finance minister said, pushing back against investor concerns over the government’s spending plans and its …

Economy Bloomberg
The Untapped Value of Tennis Stars

Winners Alliance CEO Ahmad Nassar joins Bloomberg Open Interest to explain why professional tennis needs wholesale reform. He says the sport remains too fragmented, and …

Economy Bloomberg
Bond Selloff Fades as Oil Cools, Lifting Stocks

The final stretch of a jittery week on Wall Street saw a rebound in stocks as oil prices fell, easing a selloff in bonds that …

Economy Financial Times
Russia targets Ukraine’s data centres

Kyiv residents experience two days of internet disruptions, raising fears over access to banking and other online services

Economy Financial Times
Pope makes rare address at France’s Élysée Palace

Pontiff praises diversity as he visits European countries grappling with rise of far right

Economy Financial Times
Brussels pushes Trump to maintain ‘free flow’ of diesel

Bloc’s energy commissioner warns the continent is already facing its ‘worst winter’ for energy prices since 2022

Economy Financial Times
The challenge for Burnham: words are no longer enough

His speech to Labour conference must paradoxically offer more than just a promise of action

Economy Financial Times
UK graduates paying 50% more of university costs since 2012

New analysis raises questions over fairest way to split bill for higher education

Economy Bloomberg
Treasury Volatility Eyes Biggest Jump in Year as Bonds Churn

A measure of Treasury volatility is heading for its biggest jump in more than a year after bond yields rose to multi-decade highs, jolting the …

Economy Bloomberg
This Is a World Many Bond Investors Have Never Seen Before

Bond yields at 5% are the new norm, if not the floor.

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