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Democrats are reveling in their victory in the midterm elections, while Republicans are pondering the consequences of a stunning defeat. But before Republicans turn over legislative power to their Democratic rivals, both parties will…
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The selloff that rocked Wall Street after the midterm elections wiped out $3.7 trillion in US market value in a single day. Justina Lee explains the chain reaction that fueled the rout. (Source: Bloomberg)
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ON Semiconductor Corp. scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at as much as $2 billion.
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European nations want Russia to halt its war against Ukraine before entertaining any talk of the Kremlin’s concerns about the continent’s broader security architecture, people familiar with the matter said, a stance that risks putting them…
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Representative Maxine Waters signaled she is open to expanding retail investor access to private companies while also reining in “bad private equity actors” if Democrats tap her to lead a key panel next year.
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An OpenAI engineer charged with planting a hidden recording device in one of the company’s offices pleaded not guilty in federal court.
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The US Supreme Court agreed to review a request by Goldman Sachs on whether bankruptcy courts can override arbitration agreements, setting up a high-stakes test of the Federal Arbitration Act’s reach.
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Quick Mart Plc saw demand for shares in its initial public offering exceed the number available by almost 23% as Kenya’s second-biggest supermarket chain concluded the nation’s second IPO of the year.
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The US added fresh sanctions targeting the few remaining foreign companies that do business in Cuba, expanding an economic pressure campaign that has left the island in dire financial straits.
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Yet again, the economic soothsayers couldn’t have been more wrong about the latest report on the state of the US labor market released Friday, adding to a mounting string of errant forecasts and raising an obvious question: Why do the…
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The Protect College Sports Act passed the Senate, but the House will likely be harder.
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Source: Bloomberg, 0:00
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Defense Secretary Pete Hegseth is facing growing criticism for the unpopular Iran war that he championed, with a former top Trump administration foreign policy official calling for his ouster after Tuesday’s GOP midterm election defeat.
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Vice President JD Vance is trying to distance himself from Trump — and the Iran war — after Republicans’ huge midterms loss. Bloomberg Opinion columnist Nia-Malika Henderson explains what that means for 2028. (Source: Bloomberg)
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President Donald Trump said he was tapping longtime aide Stephen Miller as his new chief of staff and that Susie Wiles will move to his political operation.
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AI emerged as a major issue in the midterm elections, but what that means for policy — and the massive data center buildout — remains uncertain. Atlantic Council senior fellow and former Federal Reserve System Chief Innovation Officer…
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Bloomberg’s Tim Stenovec takes a look at what's driving a rebound in tech stocks as dip buyers step in to support the battered AI trade. Plus, Anthropic's IPO plans are hit by the post-election selloff, prompting prospective investors to…
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As investors rushed out of US technology stocks on Thursday, selling by trend-following systematic strategies amplified what quickly became a record plunge by market value in the Nasdaq 100 index. Bloomberg's Natalia Kniazhevich joins Tim…
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French Interior Minister Laurent Nuñez said the state will deploy a large police presence across the country on Saturday as it seeks to avoid a repeat of last month’s violence when cost-of-living protests descended into rioting and looting.
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The Canadian dollar is poised for its biggest weekly loss since late September after Canada’s weaker-than-expected employment data reinforced concerns about the outlook for the country’s economy.
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As the dust settles after sweeping Democratic wins across the country, many are left to wonder — how will the power shift influence everything from the composition of the FOMC to AI development? Employ America's executive director Skanda…
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Anthropic's IPO plans are running into a punishing post-election selloff, prompting a rethink among prospective investors of the company's expected valuation, which could now be as low as $1.2 trillion, according to sources. Bloomberg's…
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A week after the WNBA was forced to play a Finals game on a weekday afternoon because a men’s team had higher priority at an arena, the NWSL is preparing to move playoff matches because of a similar scheduling pileup.
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With midterm wins, 29 states now have rules restricting transgender students from joining girls’ sports teams.
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