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Category: Economy

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Latest News (17975 articles)

Economy Bloomberg
151d ago
Hedge Funds Flee Bearish Oil Bets After US Sanctions Russia

Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on …

Hedge funds have reduced their bearish bets on oil after the US imposed sanctions on … High (80%)
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Economy Bloomberg
151d ago
Investing Heavily in AI as Models Improve: GoDaddy CEO

Aman Bhutani, GoDaddy CEO, says the company’s AI transformation is focused on generative AI tools. He tells Katie Greifeld and …

GoDaddy CEO Aman Bhutani plans to heavily invest in AI, aiming for 70% of its … High (80%)
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Economy Bloomberg
151d ago
Credit Derivatives on Meta Start Trading After Big Bond Sales

Derivatives allowing investors to bet against Meta Platforms Inc.’s bonds began actively trading for the first time this week, as …

Credit derivatives on Meta Platforms Inc. have started trading, allowing investors to bet against the … High (70%)
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Economy Bloomberg
151d ago
'Lot of Concerns' Around Mamdani for NYC Commercial Real Estate, Rithm CEO Says

Michael Nierenberg, CEO of Rithm Capital, says he has concerns around NYC mayoral frontrunner Zohran Mamdani's policies. Nierenberg also says …

Rithm Capital CEO Michael Nierenberg expresses concerns about NYC mayoral frontrunner Zohran Mamdani's policies, specifically … High (80%)
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Economy Bloomberg
151d ago
Stocks Rise After Strong Earnings | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, David Gura, …

The U.S. stock market experienced a rise following strong earnings reports from various companies, indicating … High (90%)
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Economy Bloomberg
151d ago
Wall Street Confronts Fed Doubts as Bill Gross Sells Treasuries

Wall Street closed out October on a high. AI optimism, solid earnings, and easier financial conditions lifted stocks to their …

Wall Street closes October on a high, driven by AI optimism, solid earnings, and easing … High (90%)
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Economy Bloomberg
151d ago
Steven Oh and William Smith on Meta’s Record-Breaking Bond Sale

Meta's record debt sale came at a time when the stock pulled back and skepticism is growing over AI-driven growth …

Meta's record-breaking bond sale occurred despite growing skepticism over AI-driven growth and a pullback in … High (80%)
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Economy Bloomberg
151d ago
Nobel Peace Prize Winner Says Maduro’s Time Is Up in Venezuela

Bloomberg's Mishal Husain breaks down her interview with Venezuelan opposition leader Maria Corina Machado, who told her that she supports …

Venezuelan opposition leader Maria Corina Machado believes US military escalation is necessary to oust President … High (75%)
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Economy Bloomberg
151d ago
Netflix Reportedly Weighing Bid for Warner Bros. Discovery

Netflix is actively exploring a bid for Warner bros. Discovery studio and streaming businesses, according to reports. Needham & Co. …

Netflix is reportedly considering a bid for Warner Bros. Discovery's studio and streaming businesses, with … High (70%)
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Economy Bloomberg
151d ago
Nvidia’s China Future Remains Unclear

Amy Webb, CEO of Future Today Strategy Group, discusses technology tensions that linger between the US and China, after the …

Nvidia's China business remains uncertain due to ongoing US-China technology tensions, despite recent diplomatic meetings … High (70%)
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Economy Bloomberg
151d ago
SNAP Funding Set to Expire, as States Try to Fill Gaps

Vermont Democratic Representative Becca Balint said that her state can only backfill SNAP benefits for a limited period of time …

The Supplemental Nutrition Assistance Program (SNAP) funding is set to expire, with Vermont's Representative Becca … High (70%)
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Economy Bloomberg
151d ago
Trump Admin Food-Aid Halt Likely Unlawful, Judges Say

Two federal judges ruled that Trump Administration officials must use contingency funding to at least partially keep food-aid benefits programs …

Two federal judges ruled that the Trump Administration must use contingency funding to keep food-aid … High (80%)
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