Bloomberg Markets
Oil held a gain as a flare-up in attacks from Russia to the Middle East threatened supply that only recently recovered to near pre-war levels.
MarketWatch
Buckle up: Small-cap stocks just hit a market milestone they’d rather avoid.
Bloomberg Markets
A Canadian consumer lender has left creditors with potential claims of more than C$613 million ($430 million), while a court-appointed receiver struggles to account for the firms’ loans and determine how investor money was used.
NY Times Business
Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark.
Bloomberg Markets
While inflation numbers might not be disastrous, they’re still disappointing and moving in the wrong direction. Bloomberg Opinion columnist John Authers explains where this leaves the US, and if it will lead to any more rate hikes from the Fed. (Source: Bloomberg)
MarketWatch
The annual cost-of-living adjustment may soon be capped, curtailed, means-tested or scrapped altogether under various proposals being actively considered
Financial Times
Tech companies face off in court as ChatGPT maker prepares to unveil AI device designed by Sir Jony Ive
Bloomberg Markets
Japan’s biggest bank is tentatively getting back into the country’s benchmark government bonds, even as it remains concerned that yields could further spike due to fiscal and monetary policies in the nation.
Bloomberg Markets
Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels.
Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco’s headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that’s threatening a rebound in Gulf supply. We discuss the latest energy headlines with
MarketWatch
Baby boomers have been the biggest force driving home sales over the last few years. Many of them are moving to be close to family, and in particular, their grandchildren.
NY Times Business
The S&P 500 fell 1.1 percent on Wednesday, the steepest drop in more than two months.
Bloomberg Markets
The US stock market’s longest streak of tranquility since before the Covid-19 pandemic is over.
MarketWatch
Signs of stress in the high-yield “junk” bond market are rising, with recent borrowing tied to artificial intelligence falling under increased scrutiny.
MarketWatch
An analyst sees limited room for Dell and HPE shares to continue climbing, as dynamics could shift within the market for memory components.
Bloomberg Markets
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Bloomberg Markets
The Russell 2000 Index entered a correction with Wednesday’s plunge as rising inflation and interest rates push the riskiest stocks in the market below important averages.
Bloomberg Markets
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Fortress Co-CEO Managing Partner Drew McKnight, Ernst & Young Partner, Financial Services EY-Parthenon Elyse Reilly, Jefferies Head of FIG, M&A, Americas Nina Naydenova, and Oak Hill Advisors Founder & CEO Glenn August. (Source: Bloomberg)
Financial Times
A deal would have created an independent investment bank with market value of $6bn
Financial Times
Nvidia, Oracle and CoreWeave fall as fervour around the technology cools
Bloomberg Markets
Some of Virgin Media O2’s biggest creditors are getting legal advice from Milbank LLP after a UK regulator flagged concerns over a deal that would have provided the company with much-needed cash, according to people familiar with the matter.