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Stocks Post Worst Day Since March as Bonds Get Hit: Markets Wrap
Economy Bloomberg
Stocks Post Worst Day Since March as Bonds Get Hit: Markets Wrap

A selloff in global bonds halted a rally in stocks, with concern intensifying that central banks will be forced to tighten policy to keep inflation …

Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson
Economy Bloomberg
Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson

George Mattson, CEO of private aviation company Wheels Up, said that his company is 'immunized' from the impact of fuel cost spikes because they are …

Winklevosses Invest $100 Million in Battered Gemini Exchange
Economy Bloomberg
Winklevosses Invest $100 Million in Battered Gemini Exchange

Tyler and Cameron Winklevoss, the billionaire twins who founded Gemini Space Station Inc., made a $100 million “strategic investment” into the money-losing crypto exchange.

World Bank Team to Visit Venezuela to Meet Government Officials
Economy Bloomberg
World Bank Team to Visit Venezuela to Meet Government Officials

A group of representatives from the World Bank will visit Caracas to engage with government authorities for the first time since reestablishing formal relations last …

Why Rare Earths Are China’s Trump Card in Trade War
Economy Bloomberg
Why Rare Earths Are China’s Trump Card in Trade War

Rare earths are among the most critical raw materials on the planet, deeply embedded in the technologies that underpin modern life — from iPhones and …

Pound Tumbles as Burnham Escalates Labour Revolt Against Starmer
Economy Bloomberg
Pound Tumbles as Burnham Escalates Labour Revolt Against Starmer

A potential challenge to UK Prime Minister Keir Starmer’s leadership from one of the nation’s most popular Labour Party politicians sent the pound tumbling by …

Active Debate Is Important at the Fed, Shah Says
Economy Bloomberg
Active Debate Is Important at the Fed, Shah Says

Investors are underpricing the prospect that the Federal Reserve may have to abandon its bias to cut interest rates. Seema Shah, Chief Global Strategist at …

Cuba Runs Out of Fuel, Plunging Country Into Darkness and Protests
Economy Bloomberg
Cuba Runs Out of Fuel, Plunging Country Into Darkness and Protests

Cuba said the country has completely run out of the diesel and fuel oil it needs to keep its power plants running, with civil unrest …

New Fortress Energy Takes $6.5 Billion Debt Plan to Court
Economy Bloomberg
New Fortress Energy Takes $6.5 Billion Debt Plan to Court

Billionaire Wes Edens’ New Fortress Energy Inc. won permission from a UK court to arrange creditor votes on a sweeping restructuring that will see the …

Singapore Airlines Net Profit Dragged Down by Air India Woes
Economy Bloomberg
Singapore Airlines Net Profit Dragged Down by Air India Woes

Singapore Airlines Ltd. posted a drop in annual net profit as widening losses at Air India weighed on results amid the broader impact of the …

BlackRock Says French Equities Are ‘Attractively Priced’
Economy Bloomberg
BlackRock Says French Equities Are ‘Attractively Priced’

BlackRock portfolio manager Tom Becker discusses the outlook for euro-zone equities, including in France. "The underperformance of the CAC over the last one, three years, …

Trump Says China Offered Help With Iran as Ship Seized Near UAE
Economy Bloomberg
Trump Says China Offered Help With Iran as Ship Seized Near UAE

US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and …

Poland’s Economic Growth Miss Set to Temper Rate-Hike Bets
Economy Bloomberg
Poland’s Economic Growth Miss Set to Temper Rate-Hike Bets

Poland’s economic growth slowed more than anticipated in the first quarter, with the fading momentum set to moderate expectations regarding interest-rate increases amid a flare-up …

Britain’s Political Crisis Spooks Crucial Overseas Bond Buyers
Economy Bloomberg
Britain’s Political Crisis Spooks Crucial Overseas Bond Buyers

Bond-market volatility sparked by the UK’s latest political crisis is serving up a reminder that the government can’t take foreign demand for granted.

ECB to Hike If Oil Deanchors CPI Expectations, Kazaks Says
Economy Bloomberg
ECB to Hike If Oil Deanchors CPI Expectations, Kazaks Says

The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council …

Space Stock Craze Comes to Europe as One UK Fund Quadruples
Economy Bloomberg
Space Stock Craze Comes to Europe as One UK Fund Quadruples

It’s not just US retail investors piling into any asset connected to space exploration. Europeans want in, too.

Xi Says Common Interests Outweigh Difficulties
Economy Bloomberg
Xi Says Common Interests Outweigh Difficulties

Donald Trump and Xi Jinping made their opening remarks at the Great Hall of the People, with Xi saying the common interests between the United …

What India’s Top Three Mutual Funds Bought and Sold in April
Economy Bloomberg
What India’s Top Three Mutual Funds Bought and Sold in April

Indian investors plowed money into equity funds for a 62nd straight month in April, though inflows eased from the previous month.

Iran War Gives Xi The Chance to Rekindle Gas Sales With Trump
Economy Bloomberg
Iran War Gives Xi The Chance to Rekindle Gas Sales With Trump

As the leaders of the world’s two largest economies meet in Beijing, energy markets will be watching closely for any breakthrough in a dispute that …

Sarah Beran on US-China Summit
Economy Bloomberg
Sarah Beran on US-China Summit

Sarah Beran, Former US Embassy Deputy Chief of Mission in Beijing and Partner at Macro Advisory Partners, says both Washington and Beijing have significantly lowered …

S&P 500 Tops 7,500 as AI Fuels Record-Breaking Run: Markets Wrap
Economy Bloomberg
S&P 500 Tops 7,500 as AI Fuels Record-Breaking Run: Markets Wrap

A revival of the artificial-intelligence trade kept fueling momentum in stocks, with the market also rising after retail sales showed signs of consumer strength despite …

Rare Earth Minerals Expected to be Central to Trump, Xi Talks
Economy Bloomberg
Rare Earth Minerals Expected to be Central to Trump, Xi Talks

Lipi Sternheim, CEO of rare earth mining company REAlloys, said that his company is racing to build infrastructure to mine rare earth minerals in North …

Further Flight Cuts Mulled as Air NZ Forecasts Full-Year Loss
Economy Bloomberg
Further Flight Cuts Mulled as Air NZ Forecasts Full-Year Loss

Air New Zealand expects a substantial full-year loss as the Middle East conflict stokes jet-fuel costs, forcing it to cut costs and reduce services.

Venezuela Kickstarts $170 Billion Debt Restructuring Process
Economy Bloomberg
Venezuela Kickstarts $170 Billion Debt Restructuring Process

Venezuela hired a financial adviser as it launches one of the world’s largest-ever debt restructurings, aiming to rework an estimated $170 billion of defaulted bonds …

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