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Breaking News
Iran War Pushes Diesel Prices Over $5 a Gallon in US
US diesel prices are above $5 a gallon for the first time since December 2022 as the war in Iran continues to disrupt supplies. Oil and gas markets worldwide are feeling the pressure now. Bloomberg's Will Kennedy has more on how this is all impacting consumers and economies.
Private Credit Default Rates in Software Sector
Strategists at Morgan Stanley note that defaults are concentrated in software, which constitutes a significant portion of private credit. The sector had been supported by alternative asset managers for a decade due to perceived reliable revenue streams, but emerging AI disruptions have cast doubt on this stability. Bloomberg credit reporter Emily Graffeo discussed recent research highlighting rising default rates in the private credit sector, particularly within software.
Investors Can't Ignore Washington, Sonders Says
Charles Schwab Chief Investment Strategist Liz Ann Sonders says investors can't ignore politics and Washington these days. That's why she says portfolio positioning is so important. She speaks on "Bloomberg Surveillance."
Insights
What’s behind the panic-buying of gold?
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.
Surprise! Lithium gets a recharge
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.
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Billionaire bears take a swipe at Tesla
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.
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Can Bitcoin bring down the global financial system?
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.
Economy
Oil records biggest weekly surge since 2022
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.
Economy
Oil prices steady amid escalating Middle East conflict
Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.
Economy
U.S. Customs to halt invalidated tariffs as Trump pivots to new 15% global levy
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.
