The S&P 500 remains down this year despite its recent rebound.
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The S&P 500 remains down this year despite its recent rebound.
One-Dyas BV has started production from a second well at its platform in the North Sea, lifting annual output at the site to about 1 billion cubic meters of gas.
Two Sigma Investments’ biggest hedge funds generated standout returns during a frantic month for markets, edging out peers even as the firm grapples with executive infighting.
Broadcom said it agreed to produce future versions of Google artificial intelligence chips, and announced an expanded deal with Anthropic.
Just because the U.S. is a net exporter of certain fuels doesn’t mean its economy won’t feel some serious blowback from higher global energy costs driven by the conflict in Iran.
Phillips 66 estimated nearly $1 billion in losses from its short position in oil and other related commodity derivative contracts in the first quarter as the war in Iran sent crude and fuel prices skyrocketing.
Goldman Sachs Group Inc. says a reliance on stickier, more patient institutional investors, rather than wealthy individuals, helped its $15.7 billion private credit fund narrowly escape the broader exodus plaguing peers this year.
On Location President Paul Caine discusses the economic ripple effects of the FIFA World Cup, why 2026 is set to be a monumental year for sporting events, and the growth of sports related travel. He talks with Romaine Bostick and Isabelle Lee on “The Close.” (Source: Bloomberg)
Commerce Secretary Lutnick originally claimed to have cut off contact with Jeffrey Epstein in 2005. But he and his family had lunch with the predator in 2012.
OpenAI sent a letter to the California and Delaware attorneys general, urging them to investigate "anti-competitive behavior" by Elon Musk and his associates.
The Strait of Hormuz saw an uptick in traffic over the weekend, as a looming U.S. deadline for Iran to reopen the key waterway kept markets on edge.
The US Medicare program will pay private insurers 2.48% more in 2027, a meaningful improvement over the initial rates the agency proposed in January. Michelle Cortez has more on "Bloomberg The Close." (Source: Bloomberg)
Lenders are trying to prevent defaults and foreclosures that risk deepening the country’s housing crisis.
Former US Energy Secretary Ernest Moniz discusses the high likelihood of increased inflation if the conflict in Iran persists, and why the US should be prepared for a 'very long impact.' He talks with Romaine Bostick and Isabelle Lee on "The Close." (Source: Bloomberg)
Before the U.S and Israel began their war against Iran, about 20% of the world's oil was shipped through the narrow Strait of Hormuz.
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: State Street Investment Management Global Head of Research Strategist Matt Bartolini and PIMCO Generalist Portfolio Manager Dave Braun. (Source: Bloomberg)
The 45-day ceasefire proposal, which could lead to an end to the war, is reportedly being discussed by the U.S., Iran and a group of regional mediators.
The White House is moving to scrap a program that helps low-income people pay their utility bills at a time when Americans’ energy costs are surging.
In the seven and a half years since Apple Inc.’s market capitalization broke through the $1 trillion mark, investors have become accustomed to seeing big tech companies command 13-digit valuations in public markets.
OpenAI sent a letter to the California and Delaware attorneys general, urging them to investigate "anti-competitive behavior" by Elon Musk and his associates.
OpenAI sent a letter to the California and Delaware attorneys general, urging them to investigate "anti-competitive behavior" by Elon Musk and his associates.
Before the U.S and Israel began their war against Iran, about 20% of the world's oil was shipped through the narrow Strait of Hormuz.
Activist fund MAK Capital, led by Michael A. Kaufman, has urged the leadership of German biotech firm Evotec SE to list its US unit and speed up its cost cutting program after the shares have lost about 85% over the past five years.