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Breaking News
Trump Wants 'Unconditional Surrender' From Iran
President Donald Trump said he won't seek a negotiated end to the war with Iran, demanding in a post on social media that Tehran capitulate as US and Israeli airstrikes continue. Michelle Jamrisko reports on "Bloomberg Open Interest."
Fed's Goolsbee Weighs In on Jobs Report, Stagflationary Concerns
Federal Reserve Bank of Chicago President Austan Goolsbee reacts to the latest US employment report and warns the economic shocks like the recent surge in oil prices can lead in a stagflationary direction. He speaks with Mike McKee on "Bloomberg Open Interest."
Goolsbee Hopeful Fed Rate Cuts Can Start by End of Year
Federal Reserve Bank of Chicago President Austan Goolsbee calls the employment report a "tough miss" and says it would be a concern if the US sees several months of similar jobs data during an interview with Mike McKee.
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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.
