Financial Times
Homeland Security officials launch criminal investigation into the Minnesota representative in latest action against the president’s political enemies
Bloomberg Markets
Tina Fordham, founder of Fordham Global Foresight joined Bloomberg Open Interest to break down President Trump’s surprise diesel deal with Russia, Zelensky’s demand for an energy ceasefire, and fresh attacks in Ukraine and Saudi Arabia. We unpack what it all means for oil prices, markets, and US, Russia relations. (Source: Bloomberg)
Bloomberg Markets
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
Bloomberg Markets
Bloomberg's Sridhar Natarajan expects a mixed-bag when it comes to earnings results from Wall Street's big banks. JPMorgan, Goldman Sachs, Wells Fargo and Citi all report Tuesday. The banks are expected to unveil a quarterly-stock trading haul of nearly $19 billion. (Source: Bloomberg)
Bloomberg Markets
US mortgage rates increased for seven straight weeks for the first time in three years, adding pressure to an already weak housing market.
Selma Hepp, Chief Economist at Cotality, discusses home sales and the outlook for mortgage rates and refinancing. (Source: Bloomberg)
Bloomberg Markets
TotalEnergies SE will continue to bear down on pump prices in France through the current oil crisis, as it participates in a government-led release of strategic diesel reserves to further ease consumer costs, Chief Executive Officer Patrick Pouyanne said.
Bloomberg Markets
Michelle Weaver, head of US thematic research at Morgan Stanley, says the benefits of AI adoption are beginning to flow through to earnings, with the firm’s analysis showing high-materiality AI adopters on track for 460 basis points of EBIT margin expansion through year-end. She expects that advantage to continue into next year. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
MarketWatch
A new disclosure about Micron’s buyback plans appears meant to show shareholders that Micron is more generous with cash than one of its key rivals, an analyst said.
Bloomberg Markets
Saudi Arabia said it was dealing with new drone and missile attacks, following deadly weekend strikes on Riyadh airport claimed by Yemen's Houthis.
Simon Marks explains the challenge posed to Crown Prince Mohammed bin Salman. (Source: Bloomberg)
CNBC Finance
McDonald's is targeting growth in chicken and beverages, but Consumer Edge data shows Chick-fil-A and coffee chains gaining in customer spending.
NY Times Business
Social Security funds are on track to run short by 2032, which would mean a reduction in benefits. Here’s how four hypothetical households rely on the program in retirement.
Bloomberg Markets
Demand for crude oil may have peaked in 2025, partly as higher need for fuels is increasingly met by biofuels, according to FGE NexantECA.
Bloomberg Markets
Divya Singaravelu of Meridian 1305 Capital joins Vonnie Quinn to discuss the better-than-even odds that the 10-year yield hits 6% by late 2027, and a 1-in-10 chance it happens before New Year's. (Source: Bloomberg)
Bloomberg Markets
Delta Air Lines Inc. said it plans to delay the launch of its nonstop service between Atlanta and Saudi Arabia until next year due to drone and cruise missile attacks detected by the country on Monday.
NY Times Business
Consumers across the continent increasingly want to buy low-cost Chinese vehicles. Policymakers are seeking to slow them down.
Bloomberg Markets
Frasers Group Plc increased its stake in Burberry Group Plc, putting it on track to be the brand’s biggest investor in billionaire Mike Ashley’s latest bet on a rival.
CNBC Finance
Delta planned to begin the route on Oct. 23, in what would have marked the first nonstop commercial flight between the U.S. and Saudi Arabia.
Bloomberg Markets
Investors fled US mortgage bond funds at historic levels over the past three weeks, with outflows ranking among the seven worst since the start of 2021, as surging interest rates spur a flight from volatility.
Bloomberg Markets
Kazakhstan’s central bank is switching from being one of the world’s biggest buyers of gold to a seller, as high Treasury yields reinforce the need to rebalance its reserves.
Bloomberg Markets
DLA Piper is hiring three senior lawyers from Latham & Watkins to join its growing capital solutions business as it continues an aggressive push into the private credit market.