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Hillary Clinton Deposed by House Panel About Epstein
Economy Bloomberg
Hillary Clinton Deposed by House Panel About Epstein

Former Secretary of State Hillary Clinton was deposed behind closed doors by the House Oversight Committee about her ties to disgraced financier Jeffrey Epstein. Her …

Stocks Fall on Credit, War Jitters as Oil Surges: Markets Wrap
Economy Bloomberg
Stocks Fall on Credit, War Jitters as Oil Surges: Markets Wrap

Wall Street traders shunned riskier corners of the market, with stocks falling on geopolitical concerns and any issues related to private credit — a key …

Celsius CEO Discusses Doubling Sales, Soaring Stock
Economy Bloomberg
Celsius CEO Discusses Doubling Sales, Soaring Stock

Celsius soared after posting sales which more than doubled from a year earlier following its acquisition of Alani Nu, allaying concerns that a change in …

Retail Traders Rush to Buy the Dip in Beaten-Down Software Stocks
Economy Bloomberg
Retail Traders Rush to Buy the Dip in Beaten-Down Software Stocks

Wall Street has been dumping software stocks over artificial intelligence disruption fears, but non-professional investors have been snapping them up.

RBC Seeks to Bet on New Defense, Energy Projects in Canada
Economy Bloomberg
RBC Seeks to Bet on New Defense, Energy Projects in Canada

Royal Bank of Canada is eyeing Canada’s expected boom in defense infrastructure and energy spending as one way to deploy its capital.

Lazard Veteran to Launch Hedge Fund for EM Bets at Bramshill
Economy Bloomberg
Lazard Veteran to Launch Hedge Fund for EM Bets at Bramshill

Arif Joshi, the former co-head of emerging-market debt at Lazard Asset Management, is joining Bramshill Investments LLC to help launch a hedge fund focused on …

Treasuries Rise Before Auction as US Technology Shares Slump
Economy Bloomberg
Treasuries Rise Before Auction as US Technology Shares Slump

Treasuries rose, sending longer-maturity yields toward their lowest levels of the year, amid a fresh slump in US technology shares.

Blackstone Fund Markets Bond Amid Software Tumult
Economy Bloomberg
Blackstone Fund Markets Bond Amid Software Tumult

A publicly-traded private credit fund managed by Blackstone Inc. is marketing a new bond one day after the fund disclosed continued signs of stress in …

Stock Investors Are Hedging a Drop. Strategists See a Buy Signal
Economy Bloomberg
Stock Investors Are Hedging a Drop. Strategists See a Buy Signal

The S&P 500 has been stuck in a range for the better part of four months, and investors are paying up to protect against the …

Erste Shares Slip on Cautious Outlook as Bank Touts Dividend
Economy Bloomberg
Erste Shares Slip on Cautious Outlook as Bank Touts Dividend

Erste Group Bank AG shares slipped on Thursday after the company announced an outlook that was in line with analyst estimates, tempering expectations after closing …

Drax Beats Forecasts Despite Lower Profit, Impairment Hit
Economy Bloomberg
Drax Beats Forecasts Despite Lower Profit, Impairment Hit

Drax Group Plc’s profit declined last year but exceeded analyst estimates, helping lift the shares to their highest level in almost two decades despite significant …

Sony Expands Buyback Plan Through May to $1.6 Billion
Economy Bloomberg
Sony Expands Buyback Plan Through May to $1.6 Billion

Sony Group Corp. is expanding its ongoing share buyback program to as much as ¥250 billion ($1.6 billion), up from its previously announced ¥150 billion, …

Hong Kong Exchange’s Quarterly Profit Rises 15% on Trading Jump
Economy Bloomberg
Hong Kong Exchange’s Quarterly Profit Rises 15% on Trading Jump

Hong Kong’s stock exchange posted a 15% gain in net income as a flood Chinese firms sought to sell shares and trading jumped.

UBS Sees 20% Upside for China Stocks on Reflationary Potential
Economy Bloomberg
UBS Sees 20% Upside for China Stocks on Reflationary Potential

Chinese stocks may gain another 20% as rising inflation expectations translate into better earnings, according to UBS Securities Asia Ltd.

Yen Outperforms G-10 Peers After Report Sustains Rate Hike Bets
Economy Bloomberg
Yen Outperforms G-10 Peers After Report Sustains Rate Hike Bets

The yen led gains among Group-of-10 currencies as a media report backed expectations that the Bank of Japan remains on a tightening path.

World’s Top Money Managers Favor Emerging Markets, Citi Says
Economy Bloomberg
World’s Top Money Managers Favor Emerging Markets, Citi Says

Global asset managers who collectively oversee more than $20 trillion of assets have grown more bullish across emerging-market equities, currencies, domestic bonds and credit, potentially …

Australian Capex Powered by Renewables, Backing RBA Stance
Economy Bloomberg
Australian Capex Powered by Renewables, Backing RBA Stance

Australian business investment rose more than expected in the final three months of last year, buoyed by a surge in renewable energy projects and suggesting …

Oil Climbs as US-Iran Nuclear Talks Keep Investors on Edge
Economy Bloomberg
Oil Climbs as US-Iran Nuclear Talks Keep Investors on Edge

Oil inched higher on signs that talks between the US and Iran remain tense, rekindling fears of a military conflict that could disrupt supplies from …

Gold Steadies as Traders Eye US Tariffs and Iran Nuclear Talks
Economy Bloomberg
Gold Steadies as Traders Eye US Tariffs and Iran Nuclear Talks

Gold steadied, as traders weighed geopolitical tensions in the Middle East and the impact of US tariffs on global trade.

Anthropic Drops Hallmark Safety Pledge in Race With AI Peers
Economy Bloomberg
Anthropic Drops Hallmark Safety Pledge in Race With AI Peers

Anthropic, which for years billed itself as a safer alternative to artificial intelligence rivals, has loosened its commitment to maintaining its guardrails, one of the …

Optimum Says Kirkland Quitting Proves Wall Street ‘Cartel’
Economy Bloomberg
Optimum Says Kirkland Quitting Proves Wall Street ‘Cartel’

Optimum Communications Inc. said a top law firm’s withdrawal from representing it under pressure from Apollo Global Management, Ares Management, Oaktree Capital Management and others …

Zoom Gives Weaker Profit Outlook in Push to Expand Product Suite
Economy Bloomberg
Zoom Gives Weaker Profit Outlook in Push to Expand Product Suite

Zoom Communications Inc. gave a profit outlook that fell short of analysts’ estimates, suggesting higher costs for the company while it aggressively pitches its expanded …

BlueScope Calls Revised Takeover Bid Inadequate, Open to Deal
Economy Bloomberg
BlueScope Calls Revised Takeover Bid Inadequate, Open to Deal

Australia’s BlueScope Steel Ltd. said a revised bid from Steel Dynamics Inc. and SGH Ltd. undervalues the company, but remains open to a better offer.

CME Restarts Gas and Metals Futures Trading After Glitch
Economy Bloomberg
CME Restarts Gas and Metals Futures Trading After Glitch

Trading in US natural gas futures was halted for more than half an hour on Wednesday, the second major disruption in a month in one …

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