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Telstra (ASX:TLS) reported a 2.7% full-year profit increase to $2.41 billion alongside a $1 billion share buyback.

Insurance Australia Group (ASX:IAG) reported a lower FY26 net profit of $1.02 billion due to elevated natural peril costs.

ANZ (ASX:ANZ) recorded a statutory profit of $1.95 billion for the third quarter ended June 30.

KPMG paid more than $500,000 to a former senior manager who alleged wrongdoing in the firm's tax division.

Global oil demand is projected to decline by 1.6 million barrels per day in 2026 due to ongoing disruptions in the Strait of Hormuz.

Bob Diamond, CEO of Atlas Merchant Capital & Elliott Lorenz, Co-Founder & CEO of Edge Focus discuss the new minority investment. They also discussed the role of private credit in consumer debt.

After leaving Wedbush, Dan Ives has launched a new merchant bank that he says will deliver the same research he's known for, but with people who want to innovate and grow in this "Fourth Industrial Revolution." The wide-ranging conversation touches on AI skepticism, China's role in the AI industry, and why he sees the AI industry going to heights that we may not yet be able to see.

In a groundbreaking collaboration, luxury fashion house Louis Vuitton and high-end automotive restoration company Singer have teamed up to create custom Porsche cars. This marks a first for both brands, as Louis Vuitton has never engaged in co-branding before, and Singer has not previously partnered on such a project. Rob Dickinson & Mazen Fawaz speak with Romaine Bostick on "The Close."

Dr. Debra Houry, Former Deputy Director for Program & Science at the CDC, discusses the ongoing cyclospora outbreak amid conflicting messages from health authorities. While the Department of Health and Human Services (HHS) declared the outbreak contained and stated that salad is safe to eat, CDC data through August 11 shows a 33% increase in confirmed cases, with nearly 14,000 reported and an additional 10,000 cases still under investigation. Dr. Houry explains that reporting of cyclospora cases to the CDC is no longer mandatory, leading to discrepancies between state and federal data, as states may include suspected but unconfirmed cases. She speaks with Romaine Bostick on "The Close."

Bank of America announced a $250 billion investment initiative aimed at enhancing critical infrastructure across the United States over the next 18 months. Karen Fang, the bank's Global Head of Infrastructure & Sustainable Finance, explained that the initiative focuses on three key areas: digital infrastructure including data centers, energy and power development, and core infrastructure. She speaks with Romaine Bostick & Isabelle Lee on "The Close."

CME Group is preparing to expand its 24/7 trading hours to include the 100-ounce silver futures contract, pending regulatory approval, following the recent launch of its around-the-clock one-ounce gold futures contract. Jin Hennig, CME Group Managing Director and Global Head of Metals, explained that strong retail demand and significant weekend trading volumes in gold futures, exceeding $200 million in notional value over recent weekends, have driven the decision to extend 24/7 trading to silver. She speaks with Romaine Bostick & Isabelle Lee on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec.