Italy’s government is nearing decisions on who will lead major state-backed companies worth about €250 billion ($287 billion), with shakeups expected at some of the firms.
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Italy’s government is nearing decisions on who will lead major state-backed companies worth about €250 billion ($287 billion), with shakeups expected at some of the firms.
Ken Kencel, Churchill Asset Management president and CEO, says the rise of redemption requests from private credit funds are slowing down growth. He speaks to Dani Burger on Bloomberg Open Interest. (Source: Bloomberg)
Treasuries rallied after Federal Reserve Chair Jerome Powell said that President Donald Trump’s sweeping tariffs resulted in a one-time price bump and that the central bank has little control over supply shocks such as the war-driven surge in oil prices.
The US bond market rallied back from its deepest selloff in 17 months as traders ditched wagers that the Federal Reserve will hike interest rates, with the focus shifting to speculation the Iran war will deepen an economic slowdown.
The US bond market rallied back from its deepest selloff in 17 months as traders ditched wagers that the Federal Reserve will hike interest rates, with the focus shifting to speculation the Iran war will deepen an economic slowdown.
Top iron ore miner Vale SA is aiming to boost its business in India by ramping up shipments to the country and seeking to trade its ore globally, tapping into one of the world’s fastest growing steel markets.
Ackman's bullish stance comes at a time when markets have been rattled by rising energy prices and sticky inflation concerns.
Ending “regulation by litigation” may erode some protections for workers.
The International Monetary Fund warned that the US-Israeli war against Iran threatens a “global, yet asymmetric” shock, dimming the outlook for economies that were just recovering from previous crises.
The North Atlantic Treaty Organization intercepted an Iranian missile over Turkey on Monday, the Turkish Defense Ministry said in a statement, eliminating a fourth such threat against the country in less than a month.
The North Atlantic Treaty Organization intercepted an Iranian missile over Turkey on Monday, the Turkish Defense Ministry said in a statement, eliminating a fourth such threat against the country in less than a month.
Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
Alcoa’s stock rallied Monday after Iranian missile strikes on two large Middle East aluminum sites sent prices of the industrial metal higher.
Federal Reserve Governor Stephen Miran spoke Monday on CNBC's "Squawk on the Street."
To show how expensive and complicated it can be to watch all of an MLB team’s games, we looked at the Yankees, who will appear on 10 different networks or streaming platforms this season.
Sysco’s stock sinks after announcing a $29.1 billion cash-and-stock deal to buy Jetro Restaurant Depot.
Federal Reserve Chair Jerome Powell said there’s tension currently between the central bank’s two main objectives.
Federal Reserve Chair Jerome Powell said longer-term inflation expectations appear to be in check but that the central bank is carefully monitoring them as it assesses the effect from the US and Israel’s war against Iran.
This will be one of Powell's final scheduled public appearances before his term ends in May.
Sysco Corp. is acquiring Jetro Restaurant Depot LLC for $29.1 billion from billionaire Nathan "Natie" Kirsh. The deal will create one of the largest food-service groups in the US. Liana Baker reports. (Source: Bloomberg)
Donald Trump warned the U.S. will completely obliterate all of Iran's electric generating plants, oil wells and Kharg Island if a peace deal is not reached.
Aluminum hit prices not seen since 2022 after Iranian attacks on two Middle Eastern producers over the weekend, amid fears of a supply crisis.
The Texas joint venture between QatarEnergy and Exxon Mobil Corp. has started liquefied natural gas production from the first of its three trains at the facility, marking a major milestone for US exports of the fuel as global supplies dwindle.
The joint venture between QatarEnergy and Exxon Mobil Corp. has started liquefied natural gas production from the first of its three trains at a facility in Texas, marking a major milestone for US exports of the fuel as global supplies dwindle.