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Latest news from trusted sources around the world

JPMorgan’s Co-Head of Shareholder Engagement Porretti Departs
Economy Bloomberg
JPMorgan’s Co-Head of Shareholder Engagement Porretti Departs

Alfredo Porretti, one of the leaders of JPMorgan Chase & Co.’s shareholder engagement team, has left the Wall Street bank, people familiar with the matter …

Iran War Oil Shock Threatens to Unleash Wave of Global Inflation
Economy Bloomberg
Iran War Oil Shock Threatens to Unleash Wave of Global Inflation

President Donald Trump’s war with Iran threatens to deal a severe blow to a global economy still grappling with the impact of his historic tariff …

NBA Legend Scottie Pippen on Sotheby’s Auction
Economy Bloomberg
NBA Legend Scottie Pippen on Sotheby’s Auction

NBA Hall of Famer Scottie Pippen discusses auctioning off his parts of his personal memorabilia collection, partnering with Sotheby's, and the state of the NBA. …

Presenting FedLock, A New Way to Measure Fedspeak With LLMs
Economy Bloomberg
Presenting FedLock, A New Way to Measure Fedspeak With LLMs

Check it out.

NYSE Owner Invests in Crypto Firm at $25 Billion Valuation
Economy Bloomberg
NYSE Owner Invests in Crypto Firm at $25 Billion Valuation

Intercontinental Exchange Inc. acquired a stake in OKX in a deal that values the cryptocurrency exchange operator at $25 billion.

War Roils Europe Bonds as Energy Crisis Upends Rate-Cut Bets
Economy Bloomberg
War Roils Europe Bonds as Energy Crisis Upends Rate-Cut Bets

A stabilization in European bond markets lasted just one day.

The Euro and the Loonie Tell You Where Investors See Risk
Economy Bloomberg
The Euro and the Loonie Tell You Where Investors See Risk

Common currency slumps on oil-price surge that lifts the Canadian dollar.

Rehn Says ECB Must Maintain 'Cool Head' Amid Iran War
Economy Bloomberg
Rehn Says ECB Must Maintain 'Cool Head' Amid Iran War

The European Central Bank should avoid knee-jerk reactions to the war in Iran and stick to its data-focused approach to setting interest rates, according to …

High-Grade Firms Snap Week-Long Absence from Europe Debt Market
Economy Bloomberg
High-Grade Firms Snap Week-Long Absence from Europe Debt Market

Borrowers including Baker Hughes Co. are offering Europe’s first high-grade corporate debt deals in a week, as activity cranks up following several days of near …

Asia’s Deepening Oil Crunch Triggers Fuel Hoarding, Price Hikes
Economy Bloomberg
Asia’s Deepening Oil Crunch Triggers Fuel Hoarding, Price Hikes

A deepening energy crunch across Asia is impacting all corners of the oil market, with suppliers of everything from shipping fuel to cooking gas beginning …

Emerging-Market FX Swings Top Developed Peers After Record Lull
Economy Bloomberg
Emerging-Market FX Swings Top Developed Peers After Record Lull

Emerging-market currency volatility has surged above that of developed-market peers this week for the first time since May, breaking a stretch that was the longest …

Markets Have One Clear Iran War Winner — America
Economy Bloomberg
Markets Have One Clear Iran War Winner — America

Owing largely to positioning before the conflict erupted, the US is reaping the gains.

Russian Oil Cargoes Swing Back to India as Iran War Hits Supply
Economy Bloomberg
Russian Oil Cargoes Swing Back to India as Iran War Hits Supply

Two Russian oil cargoes that had been signaling East Asia as a destination have switched to India, according to ship-tracking data, suggesting New Delhi is …

Iron Ore Rises as Beijing Vows Measures to Support Steel Sector
Economy Bloomberg
Iron Ore Rises as Beijing Vows Measures to Support Steel Sector

Iron ore rose as China renewed a pledge to tackle overcapacity in its world-leading steel sector and set a widely anticipated economic growth target for …

China Debt Plan Eases Oversupply Fears, Calms Bond Market
Economy Bloomberg
China Debt Plan Eases Oversupply Fears, Calms Bond Market

China’s 2026 debt issuance target is aligning with market expectations, easing over-supply concerns as demand is supported by ample liquidity and expectations of loose monetary …

Raízen Mulls Out-of-Court Restructuring, Holders Pledge Cash
Economy Bloomberg
Raízen Mulls Out-of-Court Restructuring, Holders Pledge Cash

Troubled Brazilian sugar and ethanol producer Raízen SA said it could go into an out-of-court restructuring process as it looks for a solution for its …

Gold Declines as Strong Dollar, Fed Outlook Outweigh War Premium
Economy Bloomberg
Gold Declines as Strong Dollar, Fed Outlook Outweigh War Premium

Gold declined, pressured by strength in the dollar and the prospect of less monetary easing as the war in the Middle East entered a sixth …

Oil Rises as Iran War Piles Further Stress on Energy Supplies
Economy Bloomberg
Oil Rises as Iran War Piles Further Stress on Energy Supplies

Oil gained as the deepening conflict in the Middle East disrupted crude flows to key buyers, with top importer China seeking to conserve fuel as …

Wall Street Sees No ‘Trump Put’ for Stocks Amid Iran War
Economy Bloomberg
Wall Street Sees No ‘Trump Put’ for Stocks Amid Iran War

As US stocks began paring back their deepest losses on Tuesday, it looked as if traders were once again starting to bet that President Donald …

US Stocks Waver as Oil Advances Amid Rising Yields: Markets Wrap
Economy Bloomberg
US Stocks Waver as Oil Advances Amid Rising Yields: Markets Wrap

US stocks struggled for direction as oil climbed amid mounting disruptions to energy markets from the war in the Middle East. Ten-year Treasury yields advanced …

How Gen Z is Fueling Coach's Next Chapter
Economy Bloomberg
How Gen Z is Fueling Coach's Next Chapter

Romaine Bostick and Katie Greifeld dive in on how Gen Z spending has helped revitalize the Coach brand. (Source: Bloomberg)

Antony Blinken Spent Years Trying to Avoid War With Iran. What He Says Could End It Now
Economy Bloomberg
Antony Blinken Spent Years Trying to Avoid War With Iran. What He …

On today’s Big Take podcast, former Secretary of State Antony Blinken discusses how war in Iran leaves the US exposed and the two factors that …

Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Economy Bloomberg
Fashion Startup Founder Pleads Guilty in $300 Million Fraud

The founder of fashion-rental and technology company CaaStle Inc. pleaded guilty to vastly inflating revenue figures to defraud investors who poured more than $300 million …

Former Secretary of State Antony Blinken on Iran
Economy Bloomberg
Former Secretary of State Antony Blinken on Iran

Former Secretary of State Antony Blinken says an off-ramp with Iran will be governed by two factors: munitions and markets. In an interview with Bloomberg’s …

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