Business

Stocks are sliding as this ‘negative risk trinity’ spooks investors

Investors are taking a more cautious tack as rising bond yields and and a calendar riddled with risks — from Federal Reserve meetings to the U.S. midterm elections — inspire many to adopt a more cautious position.

NYC Transit Agency Prepares $785M Mansion Tax Bond Sale

Bloomberg's Michelle Kaske joins Scarlet Fu on "Bloomberg Deals." New York City’s transit network is planning to offer $785 million of debt backed by a levy on sales of luxury real estate. (Source: Bloomberg)

Connecticut Surplus Deposits to State Pensions Top $11B

Bloomberg's Martin Braun joins Scarlet Fu on "Bloomberg Deals." Connecticut transferred about $1.3 billion in excess revenue this latest fiscal year to underfunded state employees’ and teachers’ pensions, bringing surplus deposits to more…

Credit Has Been 'Well Behaved': Griffiths

Margaret Steinbach, fixed income asset class lead at Capital Group, and Zachary Griffiths, head of US IG & macro strategy at CreditSights, join Scarlet Fu on "Bloomberg Deals." (Source: Bloomberg)

Exclusive-Silver Lake, Intel-backed Altera prepares IPO that could raise over $2 billion as early as 2026, sources say

iPhone Duo Hands-On: Apple's First Foldable Phone Makes Strong First Impression

The company’s $1,999-and-up foldable handset makes a strong first impression.

It’s not just Hormuz. Another war is providing fresh price shocks to fuel and food.

The Middle East conflict overshadows outages in Russia and a ‘massive impact’ on diesel supplies

Jim Cramer's least-favorite tech stock gets a new analyst endorsement — our take

Analysts at Piper called Broadcom the "ASIC compute king" in a new note to clients.

Mexican Government Slashes Pemex Aid by 70%

Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum’s proposed 2027 budget reduces support for state-owned oil company Petroleos Mexicanos, pledging 81 billion pesos ($4.8 billion) to help…

Atiku’s wife: Nothing working under Tinubu, I wonder how people are eating

Wife of the African Democratic Congress (ADC) Presidential Candidate, Titi Abubakar, has asked Nigerian youths to make her husband their choice in the 2027 presidential election. She said they would eventually demand that he stays beyond…

'The House Is Losing': Mike Contopoulos

Mike Contopoulos, head of multi-asset macro investing at Janus Henderson, and Kay Herr, US CIO of US GFICC JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Deals." This week Treasury Secretary Bessent announced that “I am the house…

Evening recap: Dangote lists 32 IPO channels, FG offers students 100MB daily data, D’Tigress players get $100,000 each…

Read the evening recap of top stories: Dangote lists IPO channels, FG offers students free data, D’Tigress players get paid, and more Nigerian news. Read More…