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OpenAI sent a memo to investors blasting chief rival Anthropic for "operating on a meaningfully smaller curve."

The World Bank Group could mobilize $20 billion to $25 billion in rapid financing to countries grappling with the economic fallout of the war in Iran, according to the bank’s top official.

Retired Rear Admiral Susan Blumenthal said that lung cancer has surpassed breast, ovarian and cervical cancer as the leading cancer cause of death in women and that it is part of the health inequity that has emerged in cancer research and prevention. Blumenthal said more system need to be in place in order to detect early and treat cancers in women. (Source: Bloomberg)

Rockefeller International Chairman Ruchir Sharma discusses why this oil shock is different, the rise in bond yields reflecting debt concerns, and how high oil prices will hit the consumer. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)

Iran has effectively closed the Strait of Hormuz in the war with the U.S. and Israel, creating an oil supply crunch and sending global energy prices soaring.

HelloFresh Group Global President Assaf Ronen discusses consumer spending, grassroots marketing, and how consumers are using the brand to 'hedge' food costs. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)

These signals for investors will make or break the truce — and oil prices.

Market timers are too bullish about the outcome of the war — and May marks the start of the worst six-month stretch for markets historically.

Chobani sold an $800 million junk bond Thursday as the yogurt maker redeems debt due in 2029.

Iran doesn’t stand to make much money with traffic through the Strait of Hormuz nearly at a standstill, but it can rake in billions in Chinese yuan, or hundreds of millions in U.S. dollars per month, once the transit of tankers through the crucial waterway is restored to normal.

The first lady acknowledged writing an email to Jeffrey Epstein's accomplice, Ghislaine Maxwell, in 2002, referencing a New York magazine profile about him.

As billions pour into platforms such as Kalshi and Polymarket, the line between betting and trading is rapidly disappearing.

Nvidia’s stock trades meaningfully below its 52-week high, suggesting to one analyst that it could see sustained gains if the AI trade comes back alive.

Initial debt-restructuring negotiations between Ukrainian Railways and its bondholders have ended without a deal after investors rejected an opening proposal from the state-owned rail operator, according to statements from both parties.

Shares of Brown-Forman had their best day in years on Thursday, after the U.S.-based spirits seller Sazerac reportedly expressed interest in doing a deal of some kind with the maker of Jack Daniel’s.

The USPS is facing a severe financial crisis and could run out of money early in 2027. The agency has proposed hiking stamp prices along with other measures.

The damage to Saudi infrastructure will only compound the disruption to global oil supplies trigged by Iran's attacks on tankers in the Strait of Hormuz.

Four food-supply chokeholds are squeezing investor portfolios. Here’s what to do before your grocery bill proves it in October.

As baby boomers retire, they will go from buyers of stocks to sellers.

The married filing separately status could affect eligibility for President Donald Trump's tax breaks this season. Here's what filers need to know.

After releasing its first major AI model in a year called Muse Spark, Meta now has to figure out how to turn it into a business.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)