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Memo also reportedly mentions vaccines for flu and pneumonia.
Memo also reportedly mentions vaccines for flu and pneumonia.
Why the Tesla CEO sees opportunity in shares of Alphabet and Nvidia, which have enjoyed strong rallies this year.
Why the Tesla CEO sees opportunity in shares of Alphabet and Nvidia, which have enjoyed strong rallies this year.
Prediction markets give Hassett, a top economist in the Trump administration, a nearly 80% chance of becoming Fed chief.
Prediction markets give Hassett, a top economist in the Trump administration, a nearly 80% chance of becoming Fed chief.
New York Mets owner Steve Cohen won approval to operate a casino next to Citi Field in Queens, one of three projects the state gaming commission’s facility location board selected for gambling licenses in New York City.
New York Mets owner Steve Cohen won approval to operate a casino next to Citi Field in Queens, one of three projects the state gaming commission’s facility location board selected for gambling licenses in New York City. Bloomberg's Randall Williams joins to discuss. (Source: Bloomberg)
Mastercard says Black Friday retail sales jumped 4.
Mastercard says Black Friday retail sales jumped 4.1% this year — topping last year’s 3.4% gain and giving fresh insight into the consumer’s mood heading into the holidays. For a ground-level read on what shoppers are actually doing, Marc Rosen, the CEO of Catalyst Brands joined Bloomberg Open Interest. Catalyst is the parent of JCPenney, Brooks Brothers, Eddie Bauer, Aéropostale, Lucky Brand and Nautica. (Source: Bloomberg)
Ukraine started a process to exchange securities linked to economic growth into bonds as it seeks to restructure the terms of $3.
Ukraine started a process to exchange securities linked to economic growth into bonds as it seeks to restructure the terms of $3.2 billion debt after another round of talks with a group of private creditors.
President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts.
President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts. “I know who I am going to pick, yeah,” Trump told reporters on Air Force One on his way back to Washington, without naming his choice. “We’ll be announcing it.” Trump has frequently excoriated current Fed chief Jerome Powell for failing to lower rates swiftly and signaled...
US flyers arriving at the airport without a REAL ID will be offered the option to pay $45 for an alternative process to prove their identities, Transportation Security Administration officials said Monday.
US flyers arriving at the airport without a REAL ID will be offered the option to pay $45 for an alternative process to prove their identities, Transportation Security Administration officials said Monday.
The cost to pump a gallon of gas in the US is the cheapest in more than four years but remains well above President Donald Trump’s pledge to bring the price below $2.
The cost to pump a gallon of gas in the US is the cheapest in more than four years but remains well above President Donald Trump’s pledge to bring the price below $2.
LGT Capital Partners has initiated its first public equities impact strategy through the launch of the Article 9 LGT CP Impact Equity Global Fund, aiming to invest in companies that contribute positively to social and environmental goals. This strategic move underscores the importance of public markets in complementing private equity efforts to drive sustainable change.
Hogan Lovells has announced the appointment of Walid Salib as a partner within its Corporate & Finance team in Riyadh. Salib, a seasoned M&A professional with over 14 years of experience in the Middle East, brings extensive expertise from his previous roles at Eversheds Sutherland and Freshfields.
UBS US Economist Abigail Watt expects the Federal Reserve will cut rates in December and likely in January, then the tension between the labor market and inflation becomes more challenging for the FOMC.
UBS US Economist Abigail Watt expects the Federal Reserve will cut rates in December and likely in January, then the tension between the labor market and inflation becomes more challenging for the FOMC. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe.
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.
One of the four sons of imprisoned drug kingpin Joaquin “El Chapo” Guzman, is set to change his not guilty plea in a case charging him in a drug trafficking conspiracy, according to court documents.
One of the four sons of imprisoned drug kingpin Joaquin “El Chapo” Guzman, is set to change his not guilty plea in a case charging him in a drug trafficking conspiracy, according to court documents.
One of the four sons of imprisoned drug kingpin Joaquin “El Chapo” Guzman pleaded guilty in a case charging him in a drug trafficking conspiracy and agreed to cooperate with US law enforcement, according to court documents.
One of the four sons of imprisoned drug kingpin Joaquin “El Chapo” Guzman pleaded guilty in a case charging him in a drug trafficking conspiracy and agreed to cooperate with US law enforcement, according to court documents.
Middle East Institute Senior Fellow Paul Salem joins Bloomberg Markets to analyze President Trump’s high-profile White House meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman.
Middle East Institute Senior Fellow Paul Salem joins Bloomberg Markets to analyze President Trump’s high-profile White House meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman. Salem explains the significance of the elaborate welcome, the deepening strategic ties between Washington and Riyadh, and the potential economic impact of Saudi investment in U.S. technology, defense, and AI sectors. He also examines the political implications of a possible F-35 sale to Saudi Arabia, concerns over technology security,...
As European bourses fight to retain listings lured by US exchanges, one New-York based trading platform is offering itself as an ally.
As European bourses fight to retain listings lured by US exchanges, one New-York based trading platform is offering itself as an ally.
Iraq plans to invite a select group of major US oil companies for direct negotiations over the acquisition of Lukoil PJSC’s stake in the giant West Qurna-2 oil field, as Baghdad accelerates efforts to reshape ownership of one of its key energy assets.
Iraq plans to invite a select group of major US oil companies for direct negotiations over the acquisition of Lukoil PJSC’s stake in the giant West Qurna-2 oil field, as Baghdad accelerates efforts to reshape ownership of one of its key energy assets.
On this episode of Stock Movers with Lisa Mateo: - Shares of Airbus (AIR FP) declined ahead of the US market open after the company suffered a one-two punch on its most popular product, the A320 airliner after the company Monday revealed quality issue on some fuselage panels that require inspections — just days after flagging a software glitch on about 6,000 jets that needed emergency upgrades.
On this episode of Stock Movers with Lisa Mateo: - Shares of Airbus (AIR FP) declined ahead of the US market open after the company suffered a one-two punch on its most popular product, the A320 airliner after the company Monday revealed quality issue on some fuselage panels that require inspections — just days after flagging a software glitch on about 6,000 jets that needed emergency upgrades. - Shares of Nvidia (NVDA) dipped in the...
Invesco Chief Global Market Strategist Brian Levitt explains why he thinks private credit remains attractive amid stable inflation and easing policy.
Invesco Chief Global Market Strategist Brian Levitt explains why he thinks private credit remains attractive amid stable inflation and easing policy. Defaults are poised to rise across the $1.7 trillion private credit market next year as a growing number of middle-market firms are experiencing stress, according to Kroll Bond Rating Agency. A record 61 borrowers with private debt have a rating of CCC-, KBRA said in a report on Tuesday, which analyzed more than 2,200...