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Latest news from trusted sources around the world

Economy Bloomberg
Former NY Fed President on Remembering 9/11

William Dudley discussed his experience on a diverted flight during the FAA ground stop after the 9/11 attacks. Dudley said the plane was unable to …

Economy Bloomberg
KBW CEO on Re-Building Manhattan After 9/11

Tom Michaud describes how KBW responded in the aftermath of Sept. 11 by focusing first on helping the families of victims and then on rebuilding …

Economy Bloomberg
KKR Wraps Up $2.1 Billion Leveraged Loan for Integer Acquisition

KKR & Co. Inc. finalized a $2.1 billion loan to help fund its pending acquisition of medical-device maker Integer Holdings Corp. after securing more-favorable terms, …

Economy Bloomberg
Jon Ledecky Reflects on Sept. 11 and NYC Sports Scene

Jon Ledecky, NHL team New York Islanders co-owner, sat down with Bloomberg's Romaine Bostick to remember the events on Sept. 11, the power of sports …

Economy Bloomberg
Finding Stability in Investing: Masters in Business with Seth Bernstein

Barry speaks with Seth Bernstein, Chief Executive Officer of AllianceBernstein. They discuss his tenure at JPMorgan Chase where he was managing director and global head …

Economy Bloomberg
Bill Dudley Expects Fed to Raise Rate by 25 Bps

Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal …

Economy Bloomberg
The First Interesting Consumer Sentiment Report in a Long Time

Even Republicans are souring on the economy.

Economy Bloomberg
Hassett Sees Fiscally Responsible Path to $5,000 Payment

White House National Economic Council Director Kevin Hassett says President Donald Trump’s suggestion of sending $5,000 checks to every adult US citizen “is a serious …

Economy Bloomberg
Oraclum Hedge Fund Founder Charged With Lying About Returns

Vuk Vukovic, a founder of New York hedge fund Oraclum Capital LLC, was charged by federal prosecutors with lying to investors about his fund’s performance.

Economy Bloomberg
US Stocks Rally as Oil Decline Offers Relief After CPI Release

US stocks rose as retreating oil prices and a revenue beat from Oracle Corp. boosted sentiment in the face of a report that showed accelerating …

Economy Bloomberg
In Post 9/11 Era, NYC's Downtown Forges Life Beyond Wall Street

Twenty-five years after 9/11, New York City's Financial District is thriving again, transformed by housing, culture and business. Nacha Cattan reports. (Source: Bloomberg)

Economy Bloomberg
AI is Accelerating Drug Discovery: McKernan

SV Health Investors’ Ruth McKernan says wearables and health data are helping move medicine from the general to the personal. She says AI is already …

Economy Bloomberg
India RBI Rejects Some Short Bond Bids As Cash Drain Fears Mount

India’s central bank rejected some bids at a sale of shorter papers amid growing worries over stronger steps by the authority to remove excess banking …

Economy Bloomberg
EssilorLuxottica Managers Defend Their CEO After Heir Lashes Out

Twenty top lieutenants to EssilorLuxottica SA Chief Executive Officer Francesco Milleri came to their boss’s defense in an escalating war of words with Leonardo Maria …

Economy Bloomberg
Aareal Works With Alvarez & Marsal on SRT Amid Push for Growth

Aareal Bank is working with Alvarez & Marsal on a deal to offload credit risk as the German lender pursues growth across European property markets …

Economy Bloomberg
Iron Ore Heads For Weekly Loss With Margins Under Pressure

Iron ore was headed for its steepest weekly loss since June as steel mill margins deteriorated and hot metal output remained seasonally weak.

Economy Bloomberg
DeepSeek Hands Memory Stock Investors Fresh Reason for Caution

Fund managers wading back into South Korean memory makers’ stocks got a fresh gut check after DeepSeek’s latest artificial intelligence model raised doubts on the …

Economy Bloomberg
China Halts New Battery Factories on Capacity Concerns

China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported.

Economy Bloomberg
Global Bond Selloff Sends 10-Year Treasury Yields to Cusp of 5%

Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal …

Economy Bloomberg
Gold Rises Ahead of US CPI Print That Could Shape Fed Rate …

Gold rose as traders waited for the August US inflation report for a clear signal on whether the Federal Reserve may hike interest rates next …

Economy Bloomberg
Stocks Climb as Oil Drop Outweighs Inflation Worry: Markets Wrap

The final stretch of a jittery week on Wall Street saw stocks rising, with a decline in oil prices tempering concerns about inflationary pressures ahead …

Economy Bloomberg
Latest Oil Market News and Analysis for Sept. 11

Brent oil dropped but was still on course for a substantial weekly gain as the Iran war and Houthi threats to Saudi Arabia keep traders …

Economy Bloomberg
Fanatics’ King on Sports Betting and Prediction Markets

Fanatics’ Betting and Gaming CEO Matt King discusses the company’s newly launched all-in-one app, which combines sports betting, casino, and prediction markets. King discusses Fanatics’ …

Economy Bloomberg
Strahan and Schwartz-Morini on Athlete Economy

Constance Schwartz-Morini, Co-Founder and CEO of SMAC Entertainment and Michael Strahan, Pro Football Hall of Famer, Broadcaster and Entrepreneur discuss turning athlete brands into scalable …

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