Bloomberg Markets

Banks Head for $5 Billion Gold Trading Windfall in Record Year

Precious metals traders at the world’s top banks made record profits in the first half of this year, putting them on track for their best-ever annual result as surging investor interest and sharp price swings generate huge opportunities for dealers.

business  Oct 9, 2026

Bloomberg Markets

Aramco to Supply Full Oil Volumes to Europe Customers Next Month

Saudi Aramco has told European oil refiners it will provide them with all the crude they asked for in November after the kingdom’s key cross-country pipeline resumed operation following attacks, offering relief to customers who’ve been forced to find alternative supplies.

business  Oct 9, 2026

Bloomberg Markets

Once-in-a-Career Moves Stun Traders in Brazil’s Election Frenzy

As Brazilian markets opened for business on Monday, Pradeep Kumar watched a move unfold on his screen that was unlike anything he’d encountered in his two decades trading the country’s assets.

business  Oct 9, 2026

Bloomberg Markets

Delta Slides on FY Outlook; Humana Surges on Quality Ratings | Stock Movers

On this episode of Stock Movers: - Delta (DAL) shares are sliding after the company reduced its full-year earnings outlook due to high jet fuel prices stemming from the war in the Middle East. - Humana (HUM) is surging as the company improved its performance on crucial Medicare Advantage quality ratings that will boost future revenue. Shares of CVS meanwhile fell as ratings for some of its largest plans deteriorated, while UnitedHealth shares were little changed in premarket trading. - Apple (A

business  Oct 9, 2026

NY Times Business

Private Medicare Plans Are Raising Costs And Forcing Millions To Find New Insurance

As enrollment for Medicare Advantage begins this month, older Americans are confronting fewer options because insurers are discontinuing coverage in many areas.

business  Oct 9, 2026

MarketWatch

Here’s how much stocks could fall if the Democrats sweep Congress as expected, according to BofA

The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite, said Michael Hartnett, Bank of America’s chief equity strategist.

business  Oct 9, 2026

MarketWatch

Millions of Americans will have fewer options during Medicare open enrollment this year

There will be no Medicare Advantage plans in 181 counties in 2027, up from 67 in 2026.

business  Oct 9, 2026

NY Times Business

Trump Announces White House Inquiry Into Fed Governor Cook

President Trump said the White House would investigate unsubstantiated claims that Lisa D. Cook committed mortgage fraud and hold a hearing next month.

business  Oct 9, 2026

Financial Times

US telcos shed $45bn in value after SpaceX announces spectrum purchase

Elon Musk takes big step towards launching Starlink mobile service for US consumers

business  Oct 9, 2026

NY Times Business

China and Europe Agree to Deal to Limit Chinese Exports of Hybrid Cars

The European Union said that the deal could roughly halve Chinese shipments over four years. But it also could lead to an even stronger Chinese auto industry.

business  Oct 9, 2026

Bloomberg Markets

Verizon, AT&T Bonds Weaken on SpaceX’s Wireless-Service Plans

Bonds issued by Verizon Communications Inc. and AT&T Inc. weakened on Friday, following SpaceX’s announcement that it will buy US spectrum that will help the company become a “major mobile carrier” in the US.

business  Oct 9, 2026

Financial Times

Kennedy Center donor accused of fraud was secret FBI informant

Accused conman who donated $2mn to Trump-run performing arts centre was once a confidential FBI source with a checkered record

business  Oct 9, 2026

NY Times Business

How Correspondent Banking Can Enable Sanctions Evasion

The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U.S. sanctions.

business  Oct 9, 2026

Bloomberg Markets

Data Center Darling’s $30 Billion IPO Dream Crushed in 48 Hours

In 48 hours, Firmus Grid Ltd. went from a rising star of the artificial intelligence data center boom to one of the biggest deal flops in recent memory.

business  Oct 9, 2026

Financial Times

Delta slashes profit outlook as higher fuel prices bite

US airline warns over continued impact of Iran conflict even as third-quarter revenues rise

business  Oct 9, 2026

Bloomberg Markets

African Nations Explore Fresh Ways to Ease Pain at the Fuel Pump

African governments from Nigeria to Kenya are adding fresh measures to soften a rise in fuel prices caused by the Iran war.

business  Oct 9, 2026

Bloomberg Markets

Canadian Dollar Weakens as Soft Jobs Data Dims Higher Rate Bets

The Canadian dollar sank to its weakest level since April 2025 after a softer-than-expected reading of the nation’s labor market reduced the odds of an interest-rate increase by the Bank of Canada.

business  Oct 9, 2026

Financial Times

Donald Trump launches committee to investigate Fed governor Lisa Cook

Move comes after the Supreme Court in June rebuffed the president’s attempt to sack the central banker

business  Oct 9, 2026

Bloomberg Markets

NYC Mayor Mamdani Says ICE 'Makes Us Less Safe'

New York City Mayor Zohran Mamdani repeats his call for the abolishment of the Immigration and Customs Enforcement enforcement agency after an officer shot and wounded a man in front of a child on Thursday in the Bronx. Mamdani says ICE makes the city "less safe." ICE says the shooting happened as part of a targeted operation. The child was unharmed, the victim is in stable condition at a local hosptial. (Source: Bloomberg)

business  Oct 9, 2026

MarketWatch

As AT&T, Verizon and T-Mobile shares fall, Wall Street assesses the growing SpaceX threat

SpaceX still has a ways to go before it can seriously challenge the three major wireless operators, but it’s making moves to grow its capabilities.

business  Oct 9, 2026