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Latest news from trusted sources around the world

Hannah Elliott Highlights Tinnitus Risks
Economy Bloomberg
Hannah Elliott Highlights Tinnitus Risks

Bloomberg Pursuit staff writer Hannah Elliott says Tinnitus affects more than 50 million Americans, remains underdiagnosed and underfunded, and can have profound effects on mental …

McCaul Backs Deeper US Ukraine Defense Ties
Economy Bloomberg
McCaul Backs Deeper US Ukraine Defense Ties

Rep. Michael McCaul says Ukraine is gaining momentum on the battlefield but urgently needs more Patriot interceptors and stronger air defenses to counter Russia's escalating …

Navy Chief Says US Needs More Warships
Economy Bloomberg
Navy Chief Says US Needs More Warships

Chief of Naval Operations Adm. Daryl Caudle says the US Navy needs a larger fleet, faster shipbuilding and expanded munitions production to meet growing global …

US Iran Talks Face Persistent Impasse
Economy Bloomberg
US Iran Talks Face Persistent Impasse

Bloomberg Economics analysts Becca Wasser and Dina Esfandiary say the US and Iran remain far apart on key issues, with intermittent strikes and negotiations likely …

Can the Tax System Keep Up with Trillionaires?
Economy Bloomberg
Can the Tax System Keep Up with Trillionaires?

Elon Musk has become the world’s first trillionaire following SpaceX’s record-breaking IPO, creating a fortune unlike anything seen in modern history. Nobel Laureate Paul Krugman …

Hormuz Reopening Faces Costly Hurdles
Economy Bloomberg
Hormuz Reopening Faces Costly Hurdles

Senior Fellow at the Council on Foreign Relations Clara Gillespie says Gulf energy flows face an uncertain recovery as producers work to clear ships, bring …

Hormuz Dispute Clouds US Iran Diplomacy
Economy Bloomberg
Hormuz Dispute Clouds US Iran Diplomacy

Bloomberg News Middle East reporter Dan Williams says negotiations between the US and Iran remain focused on securing freedom of navigation through the Strait of …

Fuel Prices Are Slamming Consumers Even as Crude Crisis Fades
Economy Bloomberg
Fuel Prices Are Slamming Consumers Even as Crude Crisis Fades

Prices for gasoline, diesel and jet fuel are rebounding even as crude oil eases, a rare divergence that’s swelling costs for peak-season travelers and threatening …

Stocks Priced for ‘Sunshine and Rainbows’ Now Face Earnings Test
Economy Bloomberg
Stocks Priced for ‘Sunshine and Rainbows’ Now Face Earnings Test

Wall Street is anticipating a near-record earnings season, but for investors a key question remains: Will it be enough to keep stock market bulls running?

The World’s First Trillionaire and the Company He Won’t Let Go
Economy Bloomberg
The World’s First Trillionaire and the Company He Won’t Let Go

Elon Musk made history last month.

EasyJet Has Private Equity Firms Going Out of Their Comfort Zone
Economy Bloomberg
EasyJet Has Private Equity Firms Going Out of Their Comfort Zone

The aviation industry has seen plenty of deals activity in recent years, but the battle between two US funds for EasyJet Plc stands out because …

China Tells Refiners to Keep Fuel Output High as Iran War Drags
Economy Bloomberg
China Tells Refiners to Keep Fuel Output High as Iran War Drags

China instructed some major refiners to keep fuel production high, according to people familiar with the matter, in an effort to protect domestic consumers as …

Eni’s Descalzi Says Energy Crisis May Worsen in Short Term: Sole
Economy Bloomberg
Eni’s Descalzi Says Energy Crisis May Worsen in Short Term: Sole

The global energy situation could deteriorate further as oil inventories decline and competition for supplies intensifies, Eni SpA’s Chief Executive Officer Claudio Descalzi told Italian …

China Power Load Hits Early Record as Data, EV Demand Rises
Economy Bloomberg
China Power Load Hits Early Record as Data, EV Demand Rises

China’s nationwide electricity load reached a record high for the first time this year on July 10, hitting 1.518 billion kilowatts, the National Energy Administration …

VW CEO Under Pressure as Labor Unions Torpedo Revival Plan
Economy Bloomberg
VW CEO Under Pressure as Labor Unions Torpedo Revival Plan

Volkswagen AG Chief Executive Officer Oliver Blume is facing an uphill battle to push through a fundamental overhaul of Europe’s biggest carmaker after failing to …

Xi Says China’s Backing for Kim and North Korea Won’t Change
Economy Bloomberg
Xi Says China’s Backing for Kim and North Korea Won’t Change

President Xi Jinping said China’s commitment to its friendship with North Korea, support for Kim Jong Un’s leadership and determination to safeguard the two countries’ …

Kazakh Tycoon Turlov’s Freedom Raises $300 Million for Expansion
Economy Bloomberg
Kazakh Tycoon Turlov’s Freedom Raises $300 Million for Expansion

Kazakhstan billionaire Timur Turlov’s Freedom Holding Corp. raised $300 million in a share sale to help fund its ongoing international expansion.

India, NZ Plan Strategic Partnership Including Maritime Security
Economy Bloomberg
India, NZ Plan Strategic Partnership Including Maritime Security

India and New Zealand will elevate their relationship to a “strategic partnership,” as both seek closer trade and security ties.

SK Hynix Rises After Record US Offering | The Close 7/10/2026
Economy Bloomberg
SK Hynix Rises After Record US Offering | The Close 7/10/2026

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall …

MGM Resorts Engaged in Deal Talks With Diller, WSJ Says
Economy Bloomberg
MGM Resorts Engaged in Deal Talks With Diller, WSJ Says

MGM Resorts International is engaged in deal talks with Barry Diller’s People Inc. after the entertainment mogul offered to acquire the part of the casino …

S&P Global: FIFA to Offer Short-Term Economic Boost
Economy Bloomberg
S&P Global: FIFA to Offer Short-Term Economic Boost

Nora Wittstruck, Chief Analytical Officer for Governments at S&P Global, joined Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' to provide insights on FIFA's …

Pro Shop's Chad Mumm on 'Full Swing,' Golf in 2026
Economy Bloomberg
Pro Shop's Chad Mumm on 'Full Swing,' Golf in 2026

Chad Mumm, Co-Founder of Pro Shop and Producer of the Netflix series 'Full Swing,' talks about the world's number-one ranked golfer, Scottie Scheffler, missing the …

Gensler: Big Deals a Sign of 'High-Valuation Market'
Economy Bloomberg
Gensler: Big Deals a Sign of 'High-Valuation Market'

Gary Gensler, Former SEC Chair and professor at MIT Sloan School of Management, joins Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' and discusses …

Nuclear Energy Services Firm Holtec Joins Sector’s IPO Rush
Economy Bloomberg
Nuclear Energy Services Firm Holtec Joins Sector’s IPO Rush

Holtec Nuclear Corp. filed for a US initial public offering, becoming the latest in the sector to try to capitalize on data centers’ growing power …

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