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Category: Economy

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Latest News (18149 articles)

Economy Bloomberg
153d ago
Fed’s Bowman Moves to Reduce Bank-Supervision Unit By About 30%

The Federal Reserve’s top bank cop announced plans to reorganize the agency’s supervision and regulation division and shrink the unit’s …

The Federal Reserve plans to reduce its bank-supervision unit by approximately 30% through reorganization, which … High (70%)
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Economy Bloomberg
153d ago
Digital Euro Could Be Curtailed Under EU Lawmaker’s Proposal

A fully-fledged digital euro should only be launched if the private sector doesn’t come up with its own solution to …

The European Union's lead lawmaker on the digital euro has proposed that the central bank-issued … High (80%)
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Economy Bloomberg
153d ago
Trump Orders Nuclear Weapons Trials After Russia Tests

Massachusetts Democrat Representative Jake Auchincloss says that President Trump's announcement of nuclear testing is 'saber rattling' to distract from imbalanced …

President Trump's announcement of nuclear testing has been met with criticism from Massachusetts Democrat Representative … High (80%)
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Economy Bloomberg
153d ago
China’a Top Metals Group Calls for Ceiling on Copper Capacity

China should consider imposing a ceiling on domestic copper, zinc, lead capacity to tackle cutthroat domestic competition, said the country’s …

China's top metals group is calling for a ceiling on domestic copper capacity to address … High (80%)
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Economy Bloomberg
153d ago
Globalstar Draws SpaceX Interest in Sale Process

Globalstar Inc. is exploring a potential sale and has held early talks with Elon Musk’s SpaceX among other potential suitors, …

Globalstar Inc. is exploring a potential sale and has held early talks with SpaceX, indicating … High (80%)
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Economy Bloomberg
153d ago
Trump-Xi Truce Buys Time, Meta's Bond Sale Draws Record $125B | Bloomberg Markets 10/30/2025

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's …

A truce between Trump and Xi has bought time for markets, while Meta's record-breaking $125 … High (70%)
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Economy Bloomberg
153d ago
General Atlantic Leads $2 Billion Shutterfly Private Credit Deal

Private credit lenders led by General Atlantic are in talks to provide about $2 billion of debt to Shutterfly, according …

General Atlantic is leading a $2 billion private credit deal for Shutterfly, indicating a significant … High (90%)
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Economy Bloomberg
153d ago
'US Blinked' in Trump, Xi Meeting, Says Mary Lovely

Mary Lovely, nonresident senior fellow at the Peterson Institute for International Economics, said that the US 'blinked' as the Trump …

The US is perceived to have compromised its negotiating position in trade talks with China, … High (80%)
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Economy Bloomberg
153d ago
Fed Balance-Sheet Decision Cements Funds Rate as Preferred Tool

The Federal Reserve’s decision to end its balance-sheet runoff after a drop in bank reserves suggests officials are doubling down …

The Federal Reserve has decided to end its balance-sheet runoff, indicating a shift towards relying … High (80%)
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Economy Bloomberg
153d ago
Goldman CEO Sees No Threat to US Dollar as Reserve Currency

Goldman Sachs Chair and CEO David Solomon comments on the future of the US dollar as the reserve currency of …

Goldman Sachs CEO David Solomon expressed confidence in the US dollar's status as the world's … High (85%)
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Economy Bloomberg
153d ago
Big Tech's $78 Billion AI Spend | Bloomberg Open Interest 10/30/2025

Signs of a trade truce: President Trump calls his meeting with China’s Xi “truly great,” sending markets higher. Big Tech’s …

Big Tech companies such as Meta, Microsoft, and Google are investing $78 billion in AI, … Medium (65%)
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Economy Bloomberg
153d ago
Meta's Jumbo Bond Sale Draws Record Orders, $125B

Meta Platforms Inc. has received orders of about $125 billion for a corporate bond sale, according to people with knowledge …

Meta's record-breaking corporate bond sale has drawn massive interest from investors, with orders exceeding $125 … High (90%)
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