Todas as matérias desta categoria, das mais recentes às mais antigas.
Representative Gabe Amo, a Rhode Island Democrat, called the US threat of sanctions against countries doing business with Iran more of the president's "piecemeal strategy" that's leaving the administration "grasping at straws."
OpenAI says the new Jalapeno chips performed better than Nvidia Corp.'s current lineup during testing, leading in two categories: the amount of AI work it could handle per unit of power and its speed at returning responses. OpenAI chip chief Richard Ho goes over the results with Ed Ludlow on "Bloomberg Tech."
Canada is matching new tariffs imposed by President Donald Trump. It's doubling existing counter-tariffs on US steel and aluminum products to 50%. American-made milk, furniture and other products will have new duties of 50% applied. Finance Minister Francois-Philippe Champagne spoke at a press conference in Ottawa with other leaders Tuesday.
United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan. Bloomberg's Siddharth Philip joins to discus.
Private schools in the US are increasing financial aid and advertising discounts to attract students, as soaring tuition and a declining population of school-age children intensify competition. Some schools, such as Brearley and Deerfield Academy, are offering free tuition to families earning under certain income thresholds, and using sliding scales to determine tuition for higher-earning families. Bloomberg's Erin Hudson joins Bloomberg's Intelligence to discuss.
Stanley Druckenmiller, the billionaire investor who mentored US Treasury Secretary Scott Bessent in his early career as a hedge fund trader, suggested his former pupil is making a mistake by wading into the bond market. Bessent has recently pledged to increase the Treasury's purchases of long-dated bonds, a move widely seen as an attempt to push down yields in the world's most important debt market. Jason Trennert, Chairman and CEO at Strategas Research Partners, discusses US Treasury Secretary Scott Bessent's focus on yields and what to expect from Jackson Hole and the Fed.
On this episode of Stock Movers: - Dick's Sporting Goods (DKS) shares are plummeting as it lowered its full-year outlook amid weakness at its recently acquired Foot Locker unit. - Apple (AAPL) shares are slightly lower as the tech giant is gearing up to launch a new version of its Mac mini desktop computer for the first time in almost two years, according to people familiar with the matter. - SpaceX (SPCX) shares are higher in the premarket as Elon Musk says SpaceX's first AI satellites, powered by Nvidia chips, will initially launch in the fourth quarter of next year and hit "significant scale" in 2028.
Thoma Bravo executives gave ground to lenders, resulting in 40 creditor-friendly changes to the deal documents for Proofpoint, including tighter limits on future borrowing and regular check-in calls. Sridhar Natarajan has more on "Bloomberg Open Interest."
US consumer confidence fell in August to the worst since the start of the year as the Conference Board's gauge of confidence decreased 0.8 points to 89.4 after a downward revision to the prior month. Michael McKee breaks down the data on Bloomberg Television.
Dan Suzuki, global investment strategist at iCapital, discusses the Treasury's recent attempts to lower long-term yields, arguing that the measures taken so far are insufficient and largely symbolic. Speaking on "Bloomberg Surveillance," Suzuki also says the Federal Reserve will have to start hiking rates at some point.
Trey Parker, chief investment officer and co-founder of Sycamore Tree Capital Partners, sees opportunities in credit related to the AI boom, along with risks. He tells Bloomberg's Julie Fine that he sees parallels to the late-1990s telecom collapse and favors short maturities and strong data-center tenant ratings.
Lisa Shalett, CIO at Morgan Stanley Wealth Management, discusses the US Treasury's move to increase the purchases of long-dated bonds and sees a reckoning for stocks "around at least multiples, valuation multiples, is coming, if, in fact, this 10-year pushes forcefully through 4.75 on its way to 5%." (Corrects spelling of guest's name in headline.)
