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The S&P 500 index closed at an all-time high on Tuesday. The Dow Jones Industrial Average and the Nasdaq Composite also posted gains. A weakening dollar has been a notable contributor to the bull market in recent weeks.
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US public pensions could pay out almost 90% of promised benefits over next six months. However, risks are also climbing, as investors consider the implications of large share sales in the private markets.
NASA is planning to send astronauts back to the moon for the first time in over 50 years. In Vietnam, banks are facing hidden risks due to the increasing number of debt guarantees they provide to borrowers. As lenders extend more credit, they assume more risk, which could lead to financial instability if borrowers fail to repay their debts.
Citi Research Global Chief Economist Nathan Sheets talks about the global economy. He discusses the impact of the global pandemic and the current economic recovery. Sheets also discusses the recent volatility in the stock and bond markets.
Yale University is making headlines for its tuition-free policy for low-income students. Citigroup strategist Daniel Tobon is predicting a stronger yen, depending on Japanese buyers' shift back to the nation's bond market. The interconnected nature of these two stories can be seen in the global financial landscape.
The price of copper has risen to a record high of $7,856 per ton. The price rise is due to the increase in demand for the metal.
The East Coast of the U.S. is experiencing a record-setting cold snap. The intensifying cold is expected to push electricity demand to unprecedented levels this weekend, straining power grids and driving up prices. The New York Independent System Operator has called on consumers to conserve energy wherever possible.
BNY CEO Robin Vince shared his insights on the robustness of the US economy and the importance of the Federal Reserve's independence during an interview at the 2026 World Economic Forum in Davos, Switzerland. Vince expressed optimism that there would be a continuity of economic policies that support growth and stability.
Bloomberg Surveillance is a daily news program that connects investors and executives with leaders and decision-makers from Wall Street to Washington and beyond. The show's format includes interviews with leaders from various industries, as well as in-depth discussions on current financial news.
The US trading day kicked off on January 27, 2026. Global stocks edged closer to record highs as earnings season reached its peak. Goldman Sachs' CEO outlined potential tailwinds and risks. GM's CEO discussed navigating tariffs post-earnings.
The markets have grown accustomed to the trade war rhetoric, and the tariffs have not had the intended effect on the U.S. economy or on China. The ongoing trade tensions could continue to be a significant issue in the lead-up to the election. The tariffs have been a contentious issue, with many Democrats criticizing Trump's approach.
American Airlines has had to cancel over 2,000 flights since the beginning of the year. The cancellations have resulted in frustration for passengers and financial implications for the airline. The company is focusing on enhancing its premium services to cater to the growing demand for a more comfortable flying experience.
Silver and other industrial metals experienced a significant surge in value during the past week. The price increase can be attributed to a combination of factors, including swelling physical demand and speculative interest in the relatively illiquid market. US natural gas prices took a dip in thin trading as forecasts for warmer weather emerged.
NextEra Energy Inc. is capitalizing on the red-hot demand from tech companies for nuclear energy. The company is offering substantial power for sale from its nuclear plants in Wisconsin and New Hampshire. Tech giants race to secure reliable and low-carbon energy sources to power their ever-expanding artificial intelligence data centers.
French environmental services giant Veolia is expanding in the US, buying Enviri's hazardous waste unit for $3 billion. American Airlines is forecasting strong earnings, record revenue, and premium upgrades. However, the bullish outlook is not without challenges. Severe weather conditions and missed estimates threaten to undermine the carrier's financial performance.
JPMorgan Chase & Co. is pushing its investment bankers to work harder on mergers and acquisitions deals. Apollo Global Management took a loss on a $170 million asset-backed financing for Amazon brand aggregator Perch.
Former Nigerian oil minister Diezani Alison-Madueke, 57, began her trial at the Southwark Crown Court in London on Monday, February 14, 2022. Prosecutors accused her of accepting bribes and receiving "vast quantities" of luxury perks in exchange for awarding lucrative government contracts during her tenure. Miller Tabak's Chief Market Strategist, Matt Maley, expressed his concerns about the credit market during an interview with Matt Miller on Bloomberg's "Bloomberg Open Interest
The Conference Board reported that US consumer confidence plunged to 84.5 in March. This figure, the lowest since May 2014, fell short of all estimates in a Bloomberg survey of economists. The decline in consumer confidence can be attributed to various factors.
As the world grapples with economic uncertainty, various sectors are experiencing significant changes. From the decline of "peak casual" fashion to the retirement of a legendary fund manager, and from the buildup of Russian oil at sea to the weakening of the US dollar, the global landscape is undergoing a transformation. This article synthesizes the latest news from around the world, providing insights into the current state of markets and trends.
Boeing's sales for the quarter totaled $27.3 billion, representing a 57% rise compared to the same period in the previous year. Boeing's financial recovery was further underscored by the company's cash generation in the fourth quarter.
The East Coast is preparing for another winter storm. The storm is expected to hit early next week. The region is still recovering from last week's storm.
European Securities and Markets Authority (ESMA) aims to reduce the cost and effort for hedge funds and private credit firms. New rules require alternative investment fund managers to submit more data to authorities. ESMA acknowledges that these requirements could be costly and time-consuming for firms.
Swedish Finance Minister Elisabeth Svantesson has announced her intention to launch an inquiry into the benefits and drawbacks of Sweden adopting the euro. The announcement comes at a time when economic discussions in Europe are centered around the potential expansion of the monetary union.
General Motors (GM) recently reported a robust fourth-quarter financial performance. CEO Mary Barra attributed the growth to the surging demand for full-sized SUVs and trucks. Barra reiterated GM's commitment to investing in EVs and hybrid vehicles.