Business

Bond Yields at 19-Year High After Fed Holds; Tech Earnings Lift Stocks | Bloomberg Brief 07/30/2026

30-year Treasury yields stay elevated after the Fed kept interest rates unchanged for a seventh consecutive month. US equity futures rise as Microsoft earnings reassure investors that AI spending is paying off. Andrew Hollenhorst of Citi…

A ‘Credibility Shock’ Looms Over the Fed

Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.

UniAbuja students turn to business amidst rising cost of living

The rising cost of living and delayed financial support have driven University of Abuja students into entrepreneurship, with many now combining lectures with small businesses to stay afloat. Students who spoke with the News Agency of…

Nearly half of small-cap and midcap stocks are losing money

Wall Street is evolving into a winner-take-all contest.

Hitachi and Toshiba mark new high-speed train shipment to Taiwan

Featuring orange and black lines on a white body, the N700ST train was put on display at the ceremony held at Hitachi's Kasado Works in the city of Kudamatsu, Yamaguchi Prefecture.

European Banks Want a Slice of AI Profits, But Less of the Risk

Europe’s top banks want to earn more from the debt-fueled artificial intelligence boom, while seeking ways to limit and offset exposures to the red-hot sector.

India summons Meta executives over briefly restricted Modi Facebook post

Japanese power firm execs visit Wawa pumped storage project

Prime Infra and subsidiary Olympia Violago Water & Power Inc. (OVWPI) hosted executives from Kansai Electric Power Co., Inc. (KANSAI), Japan’s second-largest electric power company, for a visit to the Wawa pumped storage hydropower project…

Futures Climb With Boost From Microsoft’s Surging Cloud Growth

US futures rose on Thursday as Microsoft Corp. jumped 9.8% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., rallied as well.

Bank of England holds UK interest rate steady at 3.75% — but policymakers see upside inflation risk

The Bank of England on Thursday held U.K. interest rates steady at 3.75%, in line with economists' expectations.

Wealth managers face a new challenger: their clients’ AI chatbots

Large language models may give financial advisors a run for their money, but wealth management leaders say the human touch can't be replaced.

AI-Fueled Corgi Chases BlackRock’s ETF Crown With 500-Fund Push

Corgi Funds does not look much like a traditional asset manager. Its parent company runs 24-hour cafes in San Francisco and Atlanta, operates a bus to the Y Combinator office and grew out of an artificial-intelligence insurance startup.