Bloomberg Markets

G7 Pledges €2.5 Billion for Fertilizers, Food as War Hits Supply

The Group of Seven nations allocated €2.5 billion ($2.8 billion) to provide fertilizers and bolster food security for poorer countries, especially in Africa, French Finance Minister Roland Lescure said.

business  6d ago

Bloomberg Markets

Wall Street on Alert for Treasury’s Scott Bessent to Act on Bond Yields Again

Wall Street traders wrong-footed by Treasury Secretary Scott Bessent’s surprise August decision to upsize purchases of older securities are game-planning for more activism, with key clues potentially surfacing Friday as the department prepares to update its debt management plans in November.

business  6d ago

Financial Times

Donald Trump rules out live-streamed execution

US president overrules defence secretary Pete Hegseth after widespread backlash

business  6d ago

Bloomberg Markets

Thames Water Seeks £2.4 Billion More Funds as Debt Talks Drag On

Thames Water is seeking to raise £2.4 billion ($3.2 billion) of additional funding from its creditors to stay afloat while it negotiates a long-term solution for its debt burden.

business  6d ago

CNBC Finance

Southwest is overhauling its frequent flyer program. Here's what's changing

Southwest Airlines is overhauling its loyalty program and replacing A-List and A-List Preferred with three new tiers.

business  6d ago

Financial Times

France and Germany to allow UK in EU car policy if it aligns on China tariffs

Paris and Berlin strike deal on bloc’s ‘Made in Europe’ subsidy programme and combustion engine phaseout

business  6d ago

Bloomberg Markets

IEA Agrees to Release of Outstanding 100 Million Barrels of Oil

The International Energy Agency said that members agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March aimed at calming global markets.

business  6d ago

Bloomberg Markets

Fed Won't Raise Rates at Next Meeting, Strategist Amoroso Says

Anastasia Amoroso, Partners Group chief investment strategist, says the Federal Reserve is unlikely to raise interest rates at its next meeting, even after hotter-than-expected producer price data. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)

business  6d ago

Bloomberg Markets

US Pump-and-Dump Crackdown Aimed Abroad Meets Homegrown Protests

Nasdaq’s attempt to delist tiny foreign companies with volatile trading records has run headlong into criticism that it will kick out legitimate homegrown businesses.

business  6d ago

Bloomberg Markets

Dubai Builds Up Financial Center With New $1.4 Billion District

Dubai is doubling down on its financial center with a new $1.4 billion district, looking past the Iranian attacks that rattled the city’s residents earlier this year and drove down property sales.

business  6d ago

Bloomberg Markets

ADP's Richardson: This Is a Lopsided Economy

ADP Chief Economist and ESG Officer Nela Richardson says the US has a lopsided economy. She says new data shows inflation is running hot while paychecks are not keeping up. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

business  6d ago

Bloomberg Markets

GTCR, Elliott Acquire Software Firm CCC for $4.6 Billion

GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion.

business  6d ago

Bloomberg Markets

Five Questions with Blackstone President Jonathan Gray

Would Blackstone President Jonathan Gray hire someone who brought iced coffee to an interview? We caught up with Gray at the Bloomberg #NewEconomyForum for Five Questions. (Source: Bloomberg)

business  6d ago

Bloomberg Markets

India’s RBI Clarifies Scope of Forex Curbs After Market Swings

India’s central bank said its recent derivative restrictions will only apply to deals for hedging forex risk and not for market-making, providing a clarification after sharp swings in currency forward markets.

business  6d ago

Financial Times

Investors dump data centre bonds as AI borrowers face ‘Darwin moment’

Debt issued by AI infrastructure providers and neocloud companies has sunk towards stressed territory

business  6d ago

Bloomberg Markets

NYC Comptroller Calls for Anthropic to Pause IPO for AI Safety

Anthropic PBC should pause its initial public offering until it has fully addressed risks around the safety, governance and pace of development of artificial intelligence, according to New York City’s comptroller.

business  6d ago

Bloomberg Markets

India May Raise Fuel Prices in November, Oxford Economics Says

India may raise fuel prices moderately in November, a brief window to do so before crucial state elections early next year, Oxford Economics said.

business  6d ago

MarketWatch

Medicare open enrollment is here. What to know about deadlines, options and more.

The open-enrollment period goes from Oct. 15 to Dec. 7.

business  6d ago

Bloomberg Markets

A $1 Trillion Chip Rout Draws Billions Into Leveraged ETF Bets

As chip stocks shed $1 trillion in market value, ETF investors are pouring billions into the selloff, putting a fund that triples their daily exposure to the sector on pace for record weekly inflows.

business  6d ago

NY Times Business

Midterms Could Shift Focus of Epstein Abuse to Banks’ Role

With an eye on retaking control of Congress, Democrats are introducing a bill that would hold banks accountable for their handling of Jeffrey Epstein’s finances.

business  6d ago