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Category: Economy

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Latest News (16096 articles)

Economy Bloomberg
111d ago
Petco Rises After Boosting Full-Year Adj. Ebitda Guidance

Petco Health & Wellness Co. climbed after raising its full-year earnings guidance, signaling progress in its turnaround.

Petco Health & Wellness Co. has raised its full-year earnings guidance, leading to a rise … High (82%)
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Economy Bloomberg
111d ago
Traders Crowd Into Fed Futures Targeting a December Rate Cut

Investors are betting big that the Federal Reserve will cut interest rates again when policymakers meet next month, erasing doubts …

Investors are increasingly betting on a December rate cut by the Federal Reserve, leading to … High (80%)
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Economy Bloomberg
111d ago
Korean PE Industry Proposes to Self-Regulate After Homeplus Woes

South Korea’s private equity fund industry promised new “self-regulation” after a string of controversies including the abortive Homeplus Co. buyout …

South Korea's private equity fund industry is proposing self-regulation in response to recent controversies, including … Medium (67%)
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Economy Bloomberg
111d ago
Google's AI Emergence Puts Nvidia Under Pressure | Bloomberg Businessweek Daily 11/25/2025

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss White House National Economic Council Director Kevin …

The article does not directly discuss Google's AI emergence and its impact on Nvidia, but … Medium (69%)
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Economy Bloomberg
111d ago
Ackman’s Pershing Targets $5 Billion IPO for Closed-End Fund

Billionaire hedge fund manager Bill Ackman aims to raise $5 billion for his US-listed closed-end fund, including $2 billion from …

Bill Ackman's Pershing Square is planning a $5 billion IPO for a closed-end fund, with … Medium (68%)
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Economy Bloomberg
111d ago
Majority of Affluent Women Say Giving is a Priority, Reveals HSBC Report

Racquel Oden, head of international wealth and private banking at HSBC US, says that giving trends vary by gender and …

A recent HSBC report found that 60% of affluent women prioritize giving, with a focus … High (74%)
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Economy Bloomberg
111d ago
Fortress, Ares Face Total Loss on Platinum Equity Toilet Deal

Three Wall Street heavyweights are poised to suffer a total loss on a deal for a portable-toilet company orchestrated by …

Fortress Investment Group, Ares Management, and Platinum Equity are facing a total loss on a … High (77%)
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Economy Bloomberg
111d ago
Lilly Endowment Is First to Hit $100 Billion Mark on Stock Surge

Eli Lilly & Co.’s stock has reached new highs in recent days, becoming the first pharmaceutical company to hit a …

Eli Lilly & Co.'s stock has reached a new high, surpassing $1 trillion in valuation, … High (80%)
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Economy Bloomberg
111d ago
Kalshi Is Subject to Nevada Gaming Regulation, Judge Rules

A federal judge in Las Vegas dealt a blow to Kalshi Inc.’s sports-betting business in Nevada by allowing state gaming …

A federal judge has ruled in favor of Nevada gaming regulators, allowing them to take … High (77%)
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Economy Bloomberg
111d ago
Fed Frontrunner Hassett a 'Credible' Economist, Says Citi's Kaiser

White House National Economic Council Director Kevin Hassett is seen as the frontrunner to be the next Federal Reserve chair.. …

Kevin Hassett is viewed as a strong candidate for the next Federal Reserve chair, with … Medium (65%)
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Economy Bloomberg
111d ago
Apple Cuts Jobs Across Its Sales Organization

Apple has eliminated dozens of sales roles in a rare layoff. Bloomberg’s Mark Gurman discusses the reason behind the cuts …

Apple has cut dozens of sales roles in a rare layoff, indicating a shift in … High (70%)
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Economy Bloomberg
111d ago
Best Buy Gains As Improved FY Guide Beats Consensus

Best Buy raised its guidance for the current fiscal year, as demand for the latest consumer technology drove revenue and …

Best Buy raised its FY guidance, driven by strong demand for consumer technology, beating Wall … High (81%)
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