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Senate Democrats Want Housing Chief Pulte to Testify Soon

Senate Democrats are pressing their Republican colleagues to summon the Trump administration’s top housing regulator to Capitol Hill for questioning about his turbulent tenure overseeing the nation’s $13 trillion mortgage market.

Senate Democrats are pressing their Republican colleagues to summon the Trump administration’s top housing regulator to Capitol Hill for questioning about his turbulent tenure overseeing the nation’s $13 trillion mortgage market.

Chinese Hospital Ship Visits Jamaica as US Gunboats Ply Caribbean

A Chinese hospital ship quietly docked in hurricane-hit Jamaica this week, projecting soft power into the heart of the Caribbean where a US armada is conducting a controversial anti-narcotics mission targeted at Venezuela.

A Chinese hospital ship quietly docked in hurricane-hit Jamaica this week, projecting soft power into the heart of the Caribbean where a US armada is conducting a controversial anti-narcotics mission targeted at Venezuela.

Key Oil-Price Firm Platts Will Ignore Fuel From Russia Crude

One of the world’s main companies for setting benchmark prices of physical commodities said it will start to ignore fuel that’s made from Russian crude when making its assessments.

One of the world’s main companies for setting benchmark prices of physical commodities said it will start to ignore fuel that’s made from Russian crude when making its assessments.

Goldman, Morgan Stanley Sweeten Healthcare Firm’s Debt Deal

A group of banks including Goldman Sachs Group Inc.

A group of banks including Goldman Sachs Group Inc. and Morgan Stanley has improved the terms of a debt offering for Sevita Whole Health LLC after an initial struggle to sell a loan for the healthcare services firm, according to people familiar with the matter.

Musk’s X Fined €120 Million by EU in First Content-Law Penalty

Elon Musk’s X social network was slapped with a lower-than-expected €120 million ($140 million) fine for violating the European Union’s controversial content-moderation law, in a move still set to raise tensions with the White House over free speech and tech regulation.

Elon Musk’s X social network was slapped with a lower-than-expected €120 million ($140 million) fine for violating the European Union’s controversial content-moderation law, in a move still set to raise tensions with the White House over free speech and tech regulation. Bloomberg's Tamlin Bason joins to discuss. (Source: Bloomberg)

Belgian Government Approves 20% Belfius Stake Sale

The Belgian government has given the nod to the sale of a 20% stake in state-owned bank Belfius, eying a ramp-up in defense spending as the nation’s debt continues to grow.

The Belgian government has given the nod to the sale of a 20% stake in state-owned bank Belfius, eying a ramp-up in defense spending as the nation’s debt continues to grow.

CDC group no longer recommends hepatitis B shot for newborns. This is what it means.

The committee also changed its recommendations for which babies should get the vaccine.

The committee also changed its recommendations for which babies should get the vaccine.

The Quiet Giant Behind AI

Flex has quietly become the backbone of the global AI boom — building the hardware behind the world’s biggest compute stacks.

Flex has quietly become the backbone of the global AI boom — building the hardware behind the world’s biggest compute stacks. CEO Revathi Advaithi joined Bloomberg Open Interest to break down how she transformed the company powering every major hyperscaler… and helped drive a massive jump in its stock since taking over in 2019. (Source: Bloomberg)

UBS Billionaire Clients Shift Focus: Reducing Private Equity Allocations Amid Economic Challenges

A significant survey by UBS reveals that nearly one-third of its billionaire clients plan to cut back on private equity fund investments over the next year due to rising interest rates and sluggish exit conditions. However, many are simultaneously pivoting towards more direct private equity deals, signaling a strategic shift in investment approaches.

Operational Hurdles Challenge Growth in Cross-Border Private Credit Transactions

Cross-border private credit transactions are set for robust growth, according to CSC’s report, yet operational complexities pose significant challenges. While 79% of general partners (GPs) anticipate sector expansion, limited operational readiness among limited partners (LPs) raises concerns over investment opportunities.

Netflix Rewrites Hollywood

Netflix is buying Warner Bros.

Netflix is buying Warner Bros. Discovery in a $72 billion mega-deal that reshapes the streaming landscape. Brian Wieser, Principal at Madison and Wall joined Bloomberg Open Interest to talk about deal and its implications. (Source: Bloomberg)

An S&P 500 shakeup is due soon. These stocks could join the index.

Marvell and Carvana are intriguing candidates, but the index committee could opt for some smaller names if it chooses to announce changes Friday afternoon on its quarterly cadence.

Marvell and Carvana are intriguing candidates, but the index committee could opt for some smaller names if it chooses to announce changes Friday afternoon on its quarterly cadence.

You may have made this big tax mistake. How to recover and still lower your RMD.

There’s still time to make use of this strategy before the end of the year.

There’s still time to make use of this strategy before the end of the year.

They raced to retire decades early — but soaring health-insurance costs are wrecking their plans

With pandemic-era subsidies for Obamacare set to end in 2026, people in the FIRE community are adjusting their plans to account for bigger health-insurance premiums.

With pandemic-era subsidies for Obamacare set to end in 2026, people in the FIRE community are adjusting their plans to account for bigger health-insurance premiums.

Here’s how the best investors protect their money from market bubbles and FOMO

Managing risk and avoiding ‘volatility drag’ is absolutely critical to achieving long-term financial goals.

Managing risk and avoiding ‘volatility drag’ is absolutely critical to achieving long-term financial goals.

UBS Shares Rise on Report Swiss May Ease Part of Capital Package

UBS Group AG shares rose after Reuters reported that the Swiss government was considering easing part of a bank regulation package that would add billions to the lender’s capital requirements.

UBS Group AG shares rose after Reuters reported that the Swiss government was considering easing part of a bank regulation package that would add billions to the lender’s capital requirements.

This Tesla move could help the EV maker shake a sales slump

Elon Musk’s company hopes an “ultra-low cost” trim of a best-selling EV can help it stem market-share losses.

Elon Musk’s company hopes an “ultra-low cost” trim of a best-selling EV can help it stem market-share losses.

Are Warner takeovers the harbingers of financial apocalypse?

We don’t know.

We don’t know

Shein Says France Suspension Case Is Political Overreach

Shein, the online fast-fashion retailer, said the French government was overreaching in its attempt to suspend the platform by capitalizing on a political furor over sales of a childlike sex doll and weapons.

Shein, the online fast-fashion retailer, said the French government was overreaching in its attempt to suspend the platform by capitalizing on a political furor over sales of a childlike sex doll and weapons.

Markets Bet Bank of Canada Hikes by Late 2026 After Jobs Surprise

Markets increasingly expect the Bank of Canada’s next move will be a rate hike next year, as the country’s unexpected labor market strength suggests further monetary easing may not be needed despite US tariffs.

Markets increasingly expect the Bank of Canada’s next move will be a rate hike next year, as the country’s unexpected labor market strength suggests further monetary easing may not be needed despite US tariffs.