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Category: Economy

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Latest News (18149 articles)

Economy Bloomberg
153d ago
Meta Sets Bond Sale at $30 Billion, Biggest Offering of the Year

Meta Platforms Inc. has set its public bond sale at $30 billion, after receiving $125 billion of orders for the …

Meta Platforms Inc. is issuing a $30 billion bond sale, exceeding initial expectations with $125 … High (90%)
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Economy Bloomberg
153d ago
Bessent Tells Investors It’s Their Turn to Rescue Argentina Now

The US made a profit on buying Argentine pesos. Wall Street banks, which spent a chunk of October in talks …

US investors have profited from buying Argentine pesos, and now US investment firm BNY Mellon's … High (70%)
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Economy Bloomberg
153d ago
Goldman CEO Says US Heading for Debt ‘Reckoning’ If Growth Flags

The mounting level of US debt risks a “reckoning” for the economy if the pace of growth doesn’t improve, according …

Goldman Sachs CEO warns of a potential 'reckoning' for the US economy if growth slows … High (80%)
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Economy Bloomberg
153d ago
Buffett Hands Off Annual Letter to Successor Abel, WSJ Reports

Warren Buffett will skip writing Berkshire Hathaway Inc.’s widely read annual letter in February, handing the duty to his successor, …

Warren Buffett will skip writing Berkshire Hathaway's annual letter, handing the task to Vice Chairman … High (80%)
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Economy Bloomberg
153d ago
Fund Manager Pleads Not Guilty to Defrauding Harvard Classmates

A former hedge fund manager pleaded not guilty to charges that he defrauded Harvard Business School classmates and other associates …

A former hedge fund manager has been charged with defrauding Harvard Business School classmates and … High (80%)
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Economy Bloomberg
153d ago
NBA Owners Approve $10 Billion Lakers Sale to Mark Walter

NBA owners signed off on Mark Walter’s $10 billion purchase of the Los Angeles Lakers from the Buss family, according …

NBA owners have approved a $10 billion sale of the Los Angeles Lakers to Mark … High (80%)
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Economy Bloomberg
153d ago
Travel Software Firm Navan Falls 12% After $923 Million IPO

Navan Inc. shares slumped 12% after the business travel and expense management software maker and some of its shareholders raised …

Navan Inc.'s stock fell 12% after its $923 million IPO, indicating a potential market correction … High (80%)
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Economy Bloomberg
153d ago
Goldman's Solomon Warns US Debt Path Will Cause 'Reckoning'

"I'm not sounding an alarm bell but I do think over time this is an issue if we continue on …

Goldman Sachs CEO David Solomon expressed concerns about the US federal deficit, stating it could … High (80%)
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Economy Bloomberg
153d ago
Summers 'Gratified' With Results of Argentina Elections

Former US Treasury Secretary Lawrence Summers says he was "gratified" with the results of the elections in Argentina. He says …

Former US Treasury Secretary Lawrence Summers expresses satisfaction with Argentina's midterm election results, viewing them … High (80%)
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Economy Bloomberg
153d ago
MEG Again Delays Vote on Cenovus Deal Over Regulatory Issue

MEG Energy Corp. said it was postponing for a second time on Thursday a meeting to announce the results of …

MEG Energy Corp. has delayed a shareholder vote on its acquisition by Cenovus Energy Inc. … High (70%)
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Economy Bloomberg
153d ago
Suriname Selling $1.6 Billion in Debt Amid Hunt for Yield

Suriname is returning to international debt markets with a two-part dollar bond sale, seizing on strong investor demand for high-yield …

Suriname is issuing $1.6 billion in debt through a two-part dollar bond sale, capitalizing on … High (90%)
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Economy Bloomberg
153d ago
Summers Happy the Trump-Xi Summit Didn't 'Spiral Out of Control'

Former Treasury Secretary Lawrence Summers says he's happy the meeting between US President Donald Trump and Chinese leader Xi Jinping …

Former Treasury Secretary Lawrence Summers is relieved that the Trump-Xi summit did not escalate into … High (80%)
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