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Lagarde Wants to Start New Career Phase, ECB’s Moulin Says
European Central Bank President Christine Lagarde resigned in order to start a new chapter in her career, according to the Bank of France chief.
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European Central Bank President Christine Lagarde resigned in order to start a new chapter in her career, according to the Bank of France chief.
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Marvell Technology Inc. has reached a deal to buy Lumentum Holdings Inc. at an enterprise value of $115 billion. Paul Sweeney breaks down the deal on Bloomberg Radio. (Source: Bloomberg)
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Cerca Trova Restaurant Group, once the biggest franchisee of Outback Steakhouse restaurants, filed bankruptcy Monday, blaming factors including rising food costs and California’s minimum wage law for its demise.
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Russia will temporarily allow the use of data centers outside of its borders after a series of Ukrainian attacks that targeted tech giant Yandex’s facilities.
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Source: Bloomberg, 0:00
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With stronger nominal growth, persistent inflation and an AI-driven investment boom reshaping the macro backdrop, investors may need to rethink traditional stock and bond allocations. Anwiti Bahuguna, co-chief investment officer of…
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Lenders are assessing measures that might be needed for the most affected customers.
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Anthropic PBC reported nearly $17 billion of revenue for the third quarter as of Sept. 30. The artificial intelligence lab saw a twelve-fold increase versus the same period a year ago ahead of their potentially record-breaking IPO…
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US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly…
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As gold heads toward its worst annual loss in more than a decade, investors are gauging the odds a political shift in the US will restore the precious metal’s haven allure.
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The credit chief for Canada’s largest pension sees signs of “bubble-like” exuberance in the rush to finance AI, cautioning that investors should scrutinize their exposure to the nascent technology.
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US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.
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President Donald Trump told Fox News he could become "Mr. Veto" if Democrats take control of Congress. Plus, a Democratic congresswoman flips and is now supporting a Republican for Michigan's US Senate seat. Bloomberg's Tyler Kendall…
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Source: Bloomberg, 0:00
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Source: Bloomberg, 3:58
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The US midterm elections are on Tuesday. The contest for control of Congress represents the biggest political test yet of President Donald Trump’s second term.
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Source: Bloomberg, 0:00
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Michigan Democrat Abdul El-Sayed’s Senate campaign said it raised $2.4 million on Sunday after his former primary opponent, US Representative Haley Stevens, withdrew her endorsement and publicly backed Republican Mike Rogers.
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Anthropic PBC reported third-quarter revenue of nearly $17 billion as of Sept. 30, a twelve-fold increase versus the same period a year ago that’s set to stoke anticipation for the artificial intelligence lab’s potentially record-breaking…
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Iran’s Supreme Leader Mojtaba Khamenei has given the government the go-ahead to hold peace talks, signaling a potential diplomatic opening as fears of a renewed conflict with the US and Israel grow.
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Greek stocks will suffer outflows as MSCI Inc.’s upgrade of the country to developed-market status forces emerging-market trackers to sell, according to JPMorgan Chase & Co. strategists.
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Federal prosecutors are about to take their second shot at convicting a man they claim started a fire that devastated the wealthy Los Angeles enclave of Pacific Palisades in early 2025, a high-stakes re-do after their first case fizzled.
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Charging infrastructure is anemic, the grid is spotty and renewed conflict could upend everything, but a major transformation is nevertheless underway.
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Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz could have played for a chance to make the World Series last month. Instead, both men will be headed to a Brooklyn courtroom, accused of rigging their pitches for paltry profits.
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