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Latest news from trusted sources around the world

US Judge Denies Pirro Motion to Revive Quashed Fed Subpoenas
Economy Bloomberg
US Judge Denies Pirro Motion to Revive Quashed Fed Subpoenas

The Justice Department lost its bid to continue an investigation into building-renovation cost overruns by the Federal Reserve, setting the stage for an appeal that …

Bloomberg Surveillance 4/3/2026
Economy Bloomberg
Bloomberg Surveillance 4/3/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better …

It May Take a Year to Restore Abu Dhabi Aluminum Output, EGA Says
Economy Bloomberg
It May Take a Year to Restore Abu Dhabi Aluminum Output, EGA …

The Middle East’s biggest aluminum producer said it may take as long as a year to restore full output at its Abu Dhabi plant, following …

Economist Slok Sees ‘Nike Swoosh’ Recovery for US
Economy Bloomberg
Economist Slok Sees ‘Nike Swoosh’ Recovery for US

Torsten Slok, chief economist at Apollo, explains the three factors he sees supporting US economic growth despite the impact of the war in Iran. (Source: …

US Adds 178,000 Jobs in March, Unemployment Rate Falls to 4.3%
Economy Bloomberg
US Adds 178,000 Jobs in March, Unemployment Rate Falls to 4.3%

US hiring beat forecasts in March as nonfarm payrolls increased 178,000 and the jobless rate declined to 4.3%, according to Bureau of Labor Statistics data …

NEC’s Hassett on Jobs Report, Oil Exports, US Economy
Economy Bloomberg
NEC’s Hassett on Jobs Report, Oil Exports, US Economy

National Economic Council Director Kevin Hassett reacts to the US March jobs report and discusses oil market supply disruptions related to the war in Iran …

NEC’s Hassett Sees Positive Momentum Behind Jobs Report
Economy Bloomberg
NEC’s Hassett Sees Positive Momentum Behind Jobs Report

National Economic Council Director Kevin Hassett discusses the policy points he sees supporting the labor market as the US added 178,000 jobs in March, with …

Labor Market ‘Stable, With a Lot of Volatility,’ Economist Roth Says
Economy Bloomberg
Labor Market ‘Stable, With a Lot of Volatility,’ Economist Roth Says

Stephanie Roth, chief economist at Wolfe Research, reacts to the US March jobs report that saw the unemployment rate fall to 4.3% as hiring beat …

US Bonds Fall as Strong Jobs Data Undermines Fed Cut Outlook
Economy Bloomberg
US Bonds Fall as Strong Jobs Data Undermines Fed Cut Outlook

Bond traders ended the week betting that the Federal Reserve will keep interest rates steady this year, on signs of a stabilizing US labor market …

Oil Market Stress Threatens Shortages in Asia, Europe
Economy Bloomberg
Oil Market Stress Threatens Shortages in Asia, Europe

Paul Sankey, president at Sankey Research, explains the factors causing physical stress in the global oil market and breaks down the difference in pricing between …

Russia’s Oil Revenues Halved in March Before Iran War Boost
Economy Bloomberg
Russia’s Oil Revenues Halved in March Before Iran War Boost

Russia’s oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin’s financial strain just before the Middle East …

Songyee Yoon on Power of Compounding
Economy Bloomberg
Songyee Yoon on Power of Compounding

Barry speaks with Songyee Yoon, founder and managing partner of Principal Venture Partners. They discuss her venture firm's focus on AI-native companies, and understanding technological …

Italy Deficit at 3.1% Breaches EU Ceiling in Setback for Meloni
Economy Bloomberg
Italy Deficit at 3.1% Breaches EU Ceiling in Setback for Meloni

Italy’s deficit breached the European Union’s ceiling last year in the biggest fiscal setback for Prime Minister Giorgia Meloni’s government since she took office in …

UAE Gas Plant, Kuwait Oil Refinery Hit in Latest Iran Attacks
Economy Bloomberg
UAE Gas Plant, Kuwait Oil Refinery Hit in Latest Iran Attacks

Abu Dhabi suspended operations at the United Arab Emirates’ largest natural gas processing facility following an attack that sparked a fire, hours after strikes hit …

Iran Strikes Gulf Energy Sites as Trump Warns of Further Attacks
Economy Bloomberg
Iran Strikes Gulf Energy Sites as Trump Warns of Further Attacks

Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian infrastructure to …

Middle East Conflict Weighs on Global Food Prices, FAO Says
Economy Bloomberg
Middle East Conflict Weighs on Global Food Prices, FAO Says

Global food prices rose in March, driven by higher energy prices and an increase in freight costs linked to war in the Middle East.

France Weighs Targeted Fuel Aid as Iran War Pushes Up Costs
Economy Bloomberg
France Weighs Targeted Fuel Aid as Iran War Pushes Up Costs

French Prime Minister Sebastien Lecornu has asked ministers to prepare measures to help individuals who depend on cars after fuel prices surged on the Iran …

Meloni Visits Gulf to Bolster Energy Ties to War-Hit States
Economy Bloomberg
Meloni Visits Gulf to Bolster Energy Ties to War-Hit States

Italian Prime Minister Giorgia Meloni flew to Saudi Arabia on a surprise two-day visit to the Gulf, with plans to meet leaders including Crown Prince …

French and Japanese-Owned Ships Make First Hormuz Crossings
Economy Bloomberg
French and Japanese-Owned Ships Make First Hormuz Crossings

A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits since the …

Indonesia Flags Tightly Held Companies in Effort to Satisfy MSCI
Economy Bloomberg
Indonesia Flags Tightly Held Companies in Effort to Satisfy MSCI

Indonesia took fresh steps to provide more stock market transparency by naming a clutch of companies including tycoon-linked PT Barito Renewables Energy and PT Dian …

Indonesian Finance Minister Purbaya on Growth, Stability
Economy Bloomberg
Indonesian Finance Minister Purbaya on Growth, Stability

Indonesia will hold off raising subsidized fuel prices despite ongoing oil shocks from the Iran war, with Finance Minister Purbaya Yudhi Sadewa warning any hike …

China Services Gauge Slows After Boost From New Year Holiday
Economy Bloomberg
China Services Gauge Slows After Boost From New Year Holiday

China’s services activity expanded at a weaker pace in March, a private survey shows, pointing to sluggish consumer demand after a lift from a long …

Japan Power Retailers Halt New Industrial Clients on Fuel Risks
Economy Bloomberg
Japan Power Retailers Halt New Industrial Clients on Fuel Risks

At least two of Japan’s biggest power retailers have temporarily stopped accepting new industrial clients, pending greater clarity on fuel markets upended by the war …

Japan’s Fast Retailing Profit Grows on Uniqlo, Seven & i Mixed
Economy Bloomberg
Japan’s Fast Retailing Profit Grows on Uniqlo, Seven & i Mixed

Japan kicks off its earnings season with the owners of Uniqlo and 7-Eleven stores. Earnings from the retail giants are expected to be a mixed …

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