Business

Jon Ossoff’s Georgia race stirs talk of 2028 US presidential audition

Democrat’s media-savvy attacks on ‘crook president’ give him lead in state’s pivotal Senate election along with national…

How Prediction Markets Upstaged Election Polls

Voters, donors and media increasingly use the betting platforms Kalshi and Polymarket to forecast election outcomes. Cri…

Franklin CEO Says AI Payoff Remains Unclear

Franklin Templeton CEO Jenny Johnson says companies cannot afford to slow their adoption of AI even as questions persist…

Qatar Reshapes Its Wealth Fund Strategy With New Local Platform

Qatar is setting up a dedicated platform to manage and grow its wealth fund’s domestic portfolio worth hundreds of billi…

Billionaire Man United owner loses moral high ground after tax exile, Labour chair says

The billionaire businessman told the BBC he has lost confidence in the UK due to a combination of high taxes and high im…

Ed Davey calls for immediate 10p cut to fuel duty

Sir Ed blamed Donald Trump's war with Iran for damaging the UK economy and pushing fuel prices up.…

Billionaire Man United owner says he has lost confidence in the UK

Ineos founder Sir Jim Ratcliffe tells the BBC he thinks the country is "on the slide" and calls for more investment in t…

A Goldman M&A Banker Helped Bring the Olympics to Los Angeles

Gene Sykes on the TMT bubble and more.…

Odd Lots: Goldman’s Sykes on the 2028 Olympics Deal (Podcast)

We’re in an era of megadeals, with Goldman Sachs reporting a record year for big deal volumes as companies scramble to c…

Shoppers Rediscover Joy of Dressing Up, Suit Sales Jump

Bloomberg's Chris Rovzar joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the resurgence in suit sales …

Oil Remains Primary Risk Driving Higher Rates Says Haworth

Treasuries fell as anticipation of additional Federal Reserve interest-rate hikes stoked interest in wagers on rising yi…

'We simply don't know' - JP Morgan struggling to forecast oil prices due to US-Iran war

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling …

Ryanair boss Michael O'Leary apologises over 'high-fare rapists' remarks

O'Leary described his choice of language as "careless" and said "it won't happen again".…

Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'

Since taking control in 1965, Buffett grew a struggling textile mill into a global conglomerate.…

Earnings, Not the Fed, Are Driving Stocks: UBS's Lovell

Nadia Lovell, head of global equity strategy at UBS Global Wealth Management, says strong earnings and broadening profit…

Screwworm Reappears in New Mexico Ahead of Port Reopening

The New World screwworm resurfaced in New Mexico just as a major gateway for Mexican cattle imports is poised to open in…

Bowman Expects Finalized Fed Stress Test Revisions in ‘Coming Weeks’

Federal Reserve Vice Chair for Supervision Michelle Bowman said she expects the Fed to consider final revisions to the s…

Warren Buffett Steps Down as Berkshire Hathaway Chairman

Warren Buffett is stepping down as Chairman of Berkshire Hathaway Inc. and will be replaced by his son Howard. The billi…

Options Triple Witching Sees $7 Trillion Expiring on Friday

Around $7 trillion of US options notional value rolls off the books Friday, accounting for around a quarter of the marke…

Flight chaos caused by software defect, says air traffic control body

The failure led to more than 2,000 flights being cancelled and hundreds of thousands of passengers affected.…

Helios, Mavericks’ Ujiri Back $294 Million Sports Arena in Kenya

Zaria Group, a firm backed by Dallas Mavericks President Masai Ujiri and Helios Sports & Entertainment Group, plans …

What Is the Treasury Bonds Basis Trade, and Is It Over?

Global bond markets have been roiled since the Iran-US conflict began. Surging energy prices together with massive corpo…

There's a Mind-Boggling Number of Rich People in America

How two economists measured the actual amount of millionaires in America.…

FTSE 100 Live: UK Stock Futures Fall as Rally Set to Fade