Janet Rilling, senior portfolio manager and the head of the Plus Fixed Income team at Allspring Global, joins Caroline Hyde and Isabelle Lee on "Bloomberg Real Yield." They discussed the growing chorus of energy executives and traders is warning that every day the Iran War rages on is bringing the world closer to crisis point with several predicting $100 oil within days.
Retired Army General Wesley Clark said the US-Israel offensive against Iran is off to a good start, but there's a lot more that needs to be done to isolate targets and the campaign is a "long way from being over." Clark said that the scope of the conflict makes it important to keep diplomatic lines of communication open, in the event that Iran wants to meet US objectives and "cry uncle."
The conflict in Iran is underscoring the risks of building data centers in the Gulf region, says Sam Winter-Levy, a fellow in the Technology and International Affairs Program at the Carnegie Endowment for International Peace. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Oracle is planning to cut thousands of jobs as it looks to manage a cash crunch driven by AI spending, according to sources. It's the latest major tech company to link layoffs to AI in some way. But Martha Gimble, executive director of the Yale Budget Lab, says data showing the tech is replacing human workers hasn't turned up yet. Gimble joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold.
The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety.
When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.
Well, pull out the party hats and dust off the stock tickers.
Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.
The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk.
This persistent "Musk Premium" has burned countless short-sellers.
Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.
Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.
U.S. Customs and Border Protection (CBP) will officially stop collecting billions in trade duties at 12:01 a.m. EST on Tuesday, following a landmark Supreme Court ruling that declared President Donald Trump’s use of emergency powers to levy tariffs illegal.
Nonfarm payrolls dropped by 92,000, analysts expected a gain of 55,000. The unemployment rate climbed to 4.4%. Bloomberg's Michael McKee reports.
Embraer (NYSE:EMBJ) reported fourth-quarter and full-year 2025 results on Friday that significantly outpaced Wall Street projections, fueled by a year-end surge in aircraft deliveries and expanding margins.
Hurco Companies (NASDAQ:HURC) reported a reduced net loss for the first quarter of fiscal 2026, finding a silver lining in a double-digit surge in domestic orders despite a dip in global sales.
Pfizer (NYSE:PFE) significantly expanded its metabolic footprint on Friday, announcing that Chinese regulators have approved its GLP-1 receptor agonist, Xianweiying (ecnoglutide), for long-term weight management in overweight and obese adults.
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