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Economy Bloomberg
Griffin Wants to Buy an Old Cottage Across From New Headquarters

Ken Griffin has gone to extraordinary lengths to assemble parcels of land around his planned Citadel headquarters in Miami, including buying up all 138 units …

Economy Bloomberg
US Gasoline Prices Are Heading to $4 a Gallon Again

It’s the middle of summer driving season, when Americans typically embark on road trips and burn through millions of barrels of gasoline each day. They’ll …

Economy Bloomberg
Foundever Strikes Deal With Creditors to Cut Debt Load

Troubled business services giant Foundever Group has reached an agreement with a group of creditors to reduce its multi-billion dollar debt load, with the company’s …

Economy Bloomberg
Hedge Fund Blasts SEC Settlement After ‘Gag Rule’ Lifted

Connecticut hedge fund Deccan Value Investors is speaking out about its 2022 settlement of Securities and Exchange Commission claims that it breached its fiduciary duty …

Economy Bloomberg
Anglo Selects Penny’s Group as Preferred Bidder for De Beers

Anglo American Plc has selected a group led by De Beers’ former boss Gareth Penny as the preferred bidder for its sale of the world’s …

Economy Bloomberg
Apple Briefly Tops Nvidia as World’s Most Valuable Company

Apple Inc. briefly overtook Nvidia Corp. as the world’s most valuable company, a title the chipmaker has held since May 2025.

Economy Bloomberg
Chips Stocks Sink Into Bear Market as 105% AI Rally Fizzles

A closely watched index of semiconductor stocks fell into a bear market, unwinding a chunk of the blistering memory-led rally that saw the gauge more …

Economy Bloomberg
Dangote Taps $2.5 Billion in Private Share Placement Before IPO

Aliko Dangote has nearly completed a $2.5 billion private stock placement for his refinery business, according to people familiar with the matter, as the company …

Economy Bloomberg
Citi’s Manthey Says Broadening Requires Sharp Stock Rotations

Sharp stock rotations are necessary for the equity rally to broaden beyond the tech sector, according to Citigroup Inc.’s Beata Manthey.

Economy Bloomberg
Airbus Wins Major Order from Air China to Firm Regional Hold

Airbus SE won an order from Air China for 15 A350-900 widebody aircraft as well as 40 A320neo series for its Shenzhen Airlines subsidiary, with …

Economy Bloomberg
US Stocks End Week Lower on Fears of Another ‘DeepSeek Moment’

US stocks finished the week lower as semiconductor names dipped following the reveal of an artificial-intelligence model from a Chinese startup.

Economy Bloomberg
Crop Markets Mixed on Shipping Worries, US-China Trade Concerns

Crop markets were mixed Friday amid lingering tensions in the Black Sea and Strait of Hormuz, as well as concerns over US trade ties with …

Economy Bloomberg
‘Sea of Red’ Hits Emerging Stocks as AI Concerns Jolts Markets

Emerging-market stocks slumped, with a key gauge sliding into technical correction on mounting concerns the outlook for artificial intelligence no longer justifies the industry’s elevated …

Economy Bloomberg
Hong Kong Stocks’ Discount to China Widens on Liquidity Pressure

Hong Kong stocks’ valuation discount to their mainland-listed counterparts is widening, driven largely by liquidity strains and Beijing’s crackdowns on capital outflows.

Economy Bloomberg
India Chemical Shares Surge on Hormuz Disruption, Better Pricing

For the broader rally to sustain, demand will need to recover too.

Economy Bloomberg
Industrial Metals Decline as Traders Weigh Fed Rate Outlook

Base metals retreated on Friday as traders weighed the likelihood of higher interest rates and their negative impact on demand.

Economy Bloomberg
Gold Trims Weekly Drop on Dip-Buying Despite Rate Hike Odds

Gold trimmed its weekly loss as some investors bought on dips after the precious metal broke below a key price level, even as escalating war …

Economy Bloomberg
Chip Stocks Slide Into Bear Market in AI Unwind: Markets Wrap

A selloff in chipmakers gathered pace, driving the high-profile group of stocks to a bear market on worries that the artificial-intelligence spending spree is becoming …

Economy Bloomberg
Latest Oil Market News and Analysis for July 17

Oil headed for its biggest weekly advance since April as the escalating conflict between the US and Iran disrupted supply from the Middle East.

Economy Bloomberg
CoreLogic Wraps Up $5.25 Billion Debt Deal With Hefty Yields

CoreLogic Inc. raised $5.25 billion from a debt sale after amending the terms and offering some of the year’s highest yields in response to lukewarm …

Economy Bloomberg
How the Iran War Is Rewiring the Oil Market

The US-Israel war with Iran was supposed to blow up energy markets, but that hasn’t happened yet. In this weekly documentary, Bloomberg Originals explains why.

Economy Bloomberg
Sweetgreen Shares Slide to Three-Month Low on Cyclosporiasis Outbreak Fears

Sweetgreen Inc. has lost more than a quarter of its market value in just four days as investors dump the stock due to fears about …

Economy Bloomberg
Spain Extends Welcome Mat for Chinese Carmakers to Its Workers

Spain’s biggest Chinese industrial investment will rely on workers brought in from China during construction, according to a government report that lays out Madrid’s blueprint …

Economy Bloomberg
Balbec Secures $930 Million in Commitments for Asset-Based Credit Fund

Alternative asset manager Balbec Capital LP has obtained commitments of more than $930 million for its latest flagship fund that will invest in a variety …

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