Skip to main content

United States Breaking News

Bloomberg
Financial

India's Jaishankar Says China Not Giving Level Playing Field

Indian Foreign Minister Subrahmanyam Jaishankar says India and China are discussing whether they can settle some parts of their disputed border before reaching a deal on the entire boundary during an interview with Bloomberg Editor-In-Chief John Micklethwait at the Bloomberg New Economy Forum in New Delhi.

Read more: India's Jaishankar Says China Not Giving Level Playing Field
Bloomberg
Financial

We're Back to Normal Rates, Says Ed Yardeni

Yields in the US and other advanced economies have climbed to multidecade highs, tightening financial conditions, amid higher inflation triggered by the US-Iran war and concern about budget shortfalls. Traders have responded by paring rate-hike expectations, with the amount priced into swaps across eight major economies falling by almost 200 basis points since mid-September, according to data compiled by Bloomberg.  Ed Yardeni, President at Yardeni Research, discusses his S&P call and why he believes rates are 'back to normal' and not 'higher for longer.'

Read more: We're Back to Normal Rates, Says Ed Yardeni
Bloomberg
Financial

Domino's Drops on Sales Growth Miss; Bumble Goes Private | Stock Movers

On this episode of Stock Movers: - Domino's Pizza (DPZ) shares are lower after the restaurant chain reported total domestic stores comp sales growth for the third quarter that missed the average analyst estimate. - Johnson & Johnson (JNJ) shares are moving as the company reports earnings. J&J raised its profit guidance as demand for newer drugs in cancer and autoimmune diseases overshadowed more anemic growth in the company's medical device business. - Bumble (BMBL) shares are halted on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would "remain actively involved with Bumble" after the deal, which marks a significant change for the company that was valued at $14 billion when it went public.

Read more: Domino's Drops on Sales Growth Miss; Bumble Goes Private | Stock Movers
Bloomberg
Financial

New Mountain Bets on Defensive Growth

As investors reassess private credit, New Mountain Capital's Laura Holson says direct lending is offering attractive opportunities with wider spreads and improved lender protections. She joins Bloomberg Open Interest to explain why higher rates can benefit floating-rate investments, what risks borrowers face, and why her firm favors defensive-growth sectors such as industrial automation and animal health.

Read more: New Mountain Bets on Defensive Growth
Bloomberg
Financial

Rory McIlroy Would Welcome LIV Golfers Back to PGA Tour

Rory McIlroy, six-time major golf champion and career grand slam winner, says he would welcome back LIV Golf players to the PGA Tour. He says it would be good for the entire sport and business. He speaks to Mishal Husain, editor-at-large, Bloomberg; host of The Mishal Husain Show, at the Bloomberg New Economy Forum in New Delhi.

Read more: Rory McIlroy Would Welcome LIV Golfers Back to PGA Tour