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Latest news from trusted sources around the world

Economy Bloomberg
Space Capital CEO on What’s Next For Space Industry

Space Capital Founder and CEO Chad Anderson discusses what’s next for the industry of space exploration. He speaks with Romaine Bostick and Isabelle Lee on …

Economy Bloomberg
Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day

Stew Leonard Jr., president and CEO of Stew Leonard's, said that customers are still buying food ahead of Memorial Day celebrations, but they're also complaining …

Nasdaq Gets Approval From SEC to List Bitcoin Index Options
Economy Bloomberg
Nasdaq Gets Approval From SEC to List Bitcoin Index Options

The Securities and Exchange Commission has given the go-ahead for Nasdaq Inc. to list index options based on the price of Bitcoin, the latest sign …

Lantheus Explores Potential $7 Billion Sale Following Offer From Curium
Economy Bloomberg
Lantheus Explores Potential $7 Billion Sale Following Offer From Curium

Lantheus Holdings Inc. is weighing a sale after getting a takeover offer from Curium that values the radiopharma company at about $7 billion, according to …

Big Euro-Zone Economies Are Enduring Unfolding Inflation Shock
Economy Bloomberg
Big Euro-Zone Economies Are Enduring Unfolding Inflation Shock

Inflation in the euro zone’s four biggest economies probably either jumped in May or held to an already robust pace, fueling the case for an …

Traders Bet Warsh's Fed Will Hike Rates by December
Economy Bloomberg
Traders Bet Warsh's Fed Will Hike Rates by December

Bond traders are fully pricing in an interest-rate hike by the Federal Reserve this year, a sign of conviction in the market that incoming Chair …

ECB’s Muller Sees ‘Good Case’ for June Hike on Energy Surge
Economy Bloomberg
ECB’s Muller Sees ‘Good Case’ for June Hike on Energy Surge

There’s a solid argument for the European Central Bank to lift interest rates next month in response to the Iran war, according to outgoing Governing …

Wall Street Wagers on Weaker Canadian Dollar as Inflation Cools
Economy Bloomberg
Wall Street Wagers on Weaker Canadian Dollar as Inflation Cools

Strategists at Deutsche Bank AG, JPMorgan Chase & Co. and Nomura Holdings Inc. are piling up on bets that the Canadian dollar will decline further …

Mercuria Gets October UK Trial in Multibillion Dollar Hormuz Spat
Economy Bloomberg
Mercuria Gets October UK Trial in Multibillion Dollar Hormuz Spat

Commodity trader Mercuria Energy Group Ltd. was granted an early trial over an alleged distortion to the world’s benchmark oil tanker rate that it argues …

ECB Chief Says Inflation Expectations Remain On Target
Economy Bloomberg
ECB Chief Says Inflation Expectations Remain On Target

European Central Bank President Christine Lagarde stressed that long-term inflation expectations are still broadly in line with the 2% target, despite deepening fallout from the …

Euro-Zone Wage Growth Slowed Before War Drove Inflation Up
Economy Bloomberg
Euro-Zone Wage Growth Slowed Before War Drove Inflation Up

A key measure of euro-area pay growth slowed, providing some relief to European Central Bank officials worrying about emerging inflation risks from the Iran war.

China Scrutinizes Firms, Funds After AI-Fueled Stock Moves
Economy Bloomberg
China Scrutinizes Firms, Funds After AI-Fueled Stock Moves

China’s stock exchanges are scrutinizing recent stock rallies that have been fueled by artificial intelligence optimism, asking some listed companies and funds to give more …

Emerging Assets Post Positive Week as Hopes for Peace Deal Grow
Economy Bloomberg
Emerging Assets Post Positive Week as Hopes for Peace Deal Grow

Emerging-market stocks and currencies gained on the week as investors grew increasingly hopeful that the US and Iran are moving closer to a peace deal.

Indonesia to ‘Listen to Market’ on New Commodity Export Body
Economy Bloomberg
Indonesia to ‘Listen to Market’ on New Commodity Export Body

Indonesia is “listening very closely to the market” as it builds a body to oversee key commodity exports, according to Pandu Sjahrir, chief investment officer …

DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding
Economy Bloomberg
DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding

DeepSeek’s senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup will prioritize groundbreaking AI research …

Lenovo Shares Near All-Time High After Strong AI Growth
Economy Bloomberg
Lenovo Shares Near All-Time High After Strong AI Growth

Lenovo Group Ltd. shares were on track to close at their highest on Friday after the company reported strong growth in AI-related earnings that offset …

1,000% Stock Boom Frees Vietnam Tycoon to Pour Cash Into EVs
Economy Bloomberg
1,000% Stock Boom Frees Vietnam Tycoon to Pour Cash Into EVs

Vietnam’s richest person spent billions of dollars of his personal fortune on his emerging electric automaker and other ventures last year as the shares of …

North Carolina Sues VinFast Over Delayed, Downsized Factory
Economy Bloomberg
North Carolina Sues VinFast Over Delayed, Downsized Factory

North Carolina sued Vietnamese electric vehicle maker VinFast Auto Ltd., alleging the company breached agreements tied to a planned electric vehicle and battery manufacturing facility, …

S&P 500 Is Set for Longest Weekly Rally Since 2023: Markets Wrap
Economy Bloomberg
S&P 500 Is Set for Longest Weekly Rally Since 2023: Markets Wrap

Hopes for a deal between the US and Iran that will turn a fragile ceasefire into lasting peace fueled Wall Street optimism, driving stocks toward …

Oil Rises After Three-Day Drop With Iran-US Talks in Focus
Economy Bloomberg
Oil Rises After Three-Day Drop With Iran-US Talks in Focus

Oil rose, snapping a three-day decline, as Iran’s comments on uranium and the Strait of Hormuz pared earlier optimism over progress in peace negotiations with …

What to Know About the SpaceX IPO
Economy Bloomberg
What to Know About the SpaceX IPO

Elon Musk gave the financial world a lot to ponder as SpaceX made public its plans for an initial public offering. The IPO is poised …

Workday Rallies After Results Quiet Fears of AI Disruption
Economy Bloomberg
Workday Rallies After Results Quiet Fears of AI Disruption

Workday Inc., a maker of workplace management software, posted better-than-expected results in the first quarter, helping quell concerns that the company will be disrupted by …

US Races to Create Domestic Rare Earths Supply
Economy Bloomberg
US Races to Create Domestic Rare Earths Supply

Tripp Hornick, principal at Quince Street Strategy, said that the US allowed the mining and manufacturing of rare earth elements to be pushed overseas because …

UBS Hits Back Over Nazi-Accounts Probe Amid Senate Pressure
Economy Bloomberg
UBS Hits Back Over Nazi-Accounts Probe Amid Senate Pressure

UBS Group AG accused the US lawyer overseeing a six-year-old inquiry into Credit Suisse’s handling of Nazi-linked accounts of bias and exceeding his mandate, deepening …

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