Saudi Aramco’s headquarters in Dhahran in eastern Saudi Arabia was hit during a missile attack by Yemen’s Houthi militants on Tuesday that caused a fire in a part of the complex, according to people with knowledge of the matter.
Bond traders added to bets on further losses in Treasuries before inflation data that will help shape expectations for Federal Reserve policy through year-end.
Bank of America failed to adequately monitor for potentially illegal activity in its accounts, according to the Treasury Department. The penalty is the third largest in department history.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Hema Parmar, Carol Massar and Tim Stenovec. (Source: Bloomberg)
La apuesta por una caída de las tasas no dio resultado. Ahora las AFP deben reducir sus posiciones en derivados justo cuando cerrar esos contratos resulta más costoso.
Mayor Zohran Mamdani and the New York City Council speaker reached a deal on legislation to ban horse-drawn carriages, potentially putting an end to a Central Park staple and tourist magnet that began operating more than 150 years ago.
Kelly Grieco, a senior fellow at global research firm the Stimson Center, said a ceasefire on attacking energy infrastructure between Russia and Ukraine benefits the Russians more as the country is able to sell oil to fund the war. Grieco said that even if Ukraine is not able to hit Russian energy infrastructure there are still ways to inflict damage including hitting at travel hubs like airports. (Source: Bloomberg)
Mexican President Claudia Sheinbaum said she’s addressing Trump administration concerns about the growing US trade deficit with its southern neighbor in order to ink a bilateral deal, primarily by buying more American goods.