TSA funding update: House GOP spikes DHS funding proposal, extending shutdown that's caused airport delays
President Donald Trump on Friday issued an executive order to pay Transportation Security Administration agents during the shutdown.
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President Donald Trump on Friday issued an executive order to pay Transportation Security Administration agents during the shutdown.
Demand for bitcoin as a corporate treasury asset is once again concentrated in Michael Saylor's Strategy as the company steps up its bitcoin buying pace.
Tiger Woods was involved in a rollover car crash in Florida on Friday, the Martin County Sheriff said in a statement.
Major US industrial and transportation stocks fell into a correction, in a bad sign for the broader stock market as concern mounts about the economic impact of the continuing war in the Middle East.
The announcement comes as long lines for TSA screening of air travelers at airports around the United States persist.
A partial U.S. government shutdown that has caused chaos at airports was looking like it could persist on Friday, after the Republican-run House of Representatives voiced objections to a Senate deal that aimed to fund the TSA but not all parts of the Department of Homeland Security.
Jim Caron, CIO of the Portfolio Solutions Group at Morgan Stanley Investment Management, says the recent surge in oil prices has triggered a price shock, leading to a corresponding decline in equity prices as future cash flows are discounted more heavily. He speaks on "Bloomberg The Close." (Source: Bloomberg)
The Securities and Exchange Commission today approved an amendment to the National Market System Plan governing the Consolidated Audit Trail (“CAT”) and provided exemptive relief from certain requirements of Rule 17a-1 under the Securities Exchange Act…
US corporate bonds are at risk of posting their longest weekly losing streaks in years, highlighting March’s woeful performance for fixed income as the Iran war has fueled inflation concerns. Winnie Cisar, global head of credit strategy at CreditSights, and Dominique Toublan, head of US credit strategy at Barclays, join Scarlet Fu on "Bloomberg Real Yield" to discuss credit conditions. (Source: Bloomberg)
The cybersecurity sector has slumped this year on fears that new AI will massively disrupt their business models.
Private credit funds already under strain from heavy redemptions have a new pain point: losses in February are shaping up as the worst in more than three years.
A lawsuit filed in Northern California alleges that Google's AI features generated contact information for Epstein victims.
Canadian startup Xanadu Quantum Technologies Inc. rallied after a rocky start in public markets, buffeted by souring sentiment toward equities.
Dominique Toublan, head of US credit strategy at Barclays, says the concerns surrounding private credit are not systemic. He joins Scarlet Fu alongside Winnie Cisar, global head of credit strategy at CreditSights, on "Bloomberg Real Yield." (Source: Bloomberg)
The war in Iran has reshaped the dynamics between the United States and China, delaying a planned summit between President Trump and President Xi and exposing competing priorities. Former US Ambassador to China Nicholas Burns says Beijing is balancing its political ties to Iran with its deeper economic reliance on Gulf energy supplies, while avoiding direct involvement in the conflict. As Washington and Beijing look ahead to renewed talks on trade, supply chains, and security, the episode highlights both the limits of China’s global influence and the broader competition between the two powers. (Source: Bloomberg)
CreditSights Global Head of Credit Strategy Winnie Cisar discusses risks in credit and junk bonds in an interview with Scarlet Fu on "Real Yield." (Source: Bloomberg)
Elizabeth Rembert discusses how the most successful college basketball programs, particularly those in the Sweet 16, are predominantly housed at financially powerful universities. These institutions benefit from large endowments, strong investment-grade credit ratings, and growing student enrollment, which collectively support the increasing expenses associated with college athletics. Rising costs include student athlete salaries, name, image, and likeness (NIL) deals, higher coaching salaries, and intensified recruiting efforts due to greater athlete mobility. This financial strength creates a cycle where well-funded programs continue to attract top talent, reinforcing the dominance of teams from power five conferences. While there are occasional exceptions, the trend strongly favors universities with deep financial resources. (Source: Bloomberg)
Yesway Inc., a convenience store and gas station operator focused on rural communities in the Midwest and the Southwest, filed for an initial public offering.
The app includes a link to report tips to Immigration and Customs Enforcement.
Amy Gower, metals and mining commodity strategist at Morgan Stanley, discussed the recent trends in the gold market and what it means around central banks. She speaks with Francine Lacqua. on "The Pulse." (Source: Bloomberg)
How a small fee cut on SPYM attracted billions.
Investors are waking up to the harsh realities and the financial penalties of a reordered, reactionary world.
The giant multistrategy hedge fund Citadel parted ways with credit portfolio manager Zachariah Barratt after a series of losses, including a soured bet on Spirit Aviation Holdings Inc., according to a person familiar with the matter.
A partial U.S. government shutdown that has caused chaos at airports was looking Friday like it could persist as the Republican-run House of Representatives voiced objections to a Senate deal that aims to fund the Transportation Security Administration but not all parts of the Department of Homeland Security.