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Breaking News
ASICS COO discusses global growth strategies
Bloomberg's Isabel Reynolds interviews ASICS President and COO, Mitsuyuki Tominaga at an event for Bloomberg.com subscribers in Tokyo.
Rubio Says US to Investigate Deadly Cuba Speedboat Shooting
US Secretary of State Marco Rubio said Wednesday that the Department of Homeland Security and Coast Guard would be looking into an incident where Cuban forces killed four people who had opened fire on a military vessel from a speedboat with Florida tags. Mica Soellner of Bloomberg Government has more on Bloomberg Television.
'Pressure is for Tyres' LSEG CEO Says After Elliott Takes Stake
The London Stock Exchange Group has announced plans to buy back £3 billion of its own shares, as it reported full year results less than a month after it emerged that Elliott Investment Management had taken a stake. The company also hiked its final dividend 15.7% to 103 pence a share and set new guidance for the next two years. LSEG CEO David Schwimmer Spoke to Caroline Hepker and Stephen Carroll on Bloomberg Radio. Bloomberg LP, the parent company of Bloomberg News, competes with LSEG to provide financial news, data and information.
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
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.
Economy
SCOTUS dismantles Trump’s emergency tariffs in major rebuke
The U.S. Supreme Court delivered a historic blow to President Donald Trump’s economic agenda Friday, ruling 6-3 that the administration overstepped its constitutional authority by using a national emergency statute to impose sweeping global tariffs.
Economy
US jobs beat lands, but the real shock is underneath
The January US jobs report surprised to the upside, adding 130,000 roles as unemployment dipped to 4.3% and wages stayed contained.
Washington dodges shutdown, but the clock is already ticking again
Washington has pulled itself back from the brink, passing a $1.2 trillion stop-gap deal that reopened most of the US government after days of disruption.
