Business

Former Cambridge professor Jason Arday found dead

University’s youngest-ever Black professor had been under scrutiny following plagiarism allegations

Avoid Being Shaken Out Of The Market: Wilson

Mike Wilson, chief US equity strategist & chief investment officer at Morgan Stanley, joins Scarlet Fu and Tom Keene on "Bloomberg Money." (Source: Bloomberg)

Amazon’s New User Agreement Seeks to Curb Class-Action Suits

Amazon.com Inc. reintroduced a clause in its user agreement that seeks to prevent shoppers from filing class-action lawsuits against the online retailer, inserting a legal buffer between itself and plaintiffs attorneys that it removed five…

Freshmen Pay Thousands For Sorority Rush Coaches

Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how young women rushing sororities have been paying from $3K to $12K for coaches to teach them southern sororities unwritten rules in hopes of getting…

Berkshire Boosts Delta, Alphabet Stakes as Abel Taps Cash Pile

Berkshire Hathaway Inc. padded its holdings in Delta Air Lines Inc. and Google parent Alphabet Inc. during the second quarter as Greg Abel began tapping into the company’s massive cash hoard.

Gen Z Moves Money From Stocks to Sports Bets

Bloomberg's Zijia Song joins Scarlet Fu and Tom Keene on "Bloomberg Money." Sports betting is increasingly competing with traditional investing for younger Americans’ attention, with more than a quarter of Gen Z investors saying they see…

Hedge Funds Halved Short Bets on Yen Since Joint Intervention

Hedge funds further dialed back on their wagers against the yen, signaling a reduction in negative sentiment surrounding the currency after the US and Japan’s historic joint intervention.

Hanwha, Fincantieri shares rise after Trump opens Navy shipbuilding to foreign yards

Leveraged ETFs Snap Back as Casino Crowd Mints $50 Billion

Three weeks ago, Wall Street’s casino crowd took a beating. AI stocks buckled, semiconductor shares tumbled and leveraged trades unraveled.

'Field of Dreams,' 'Bronx is Burning': Must-Read Baseball Books

Scarlet Fu and Tom Keene discuss their must-read book on this weeks edition of "Bloomberg Money." They discuss "Shoeless Joe: The Inspiration for Field of Dreams" by W. P. Kinsella and "Ladies and Gentlemen, the Bronx Is Burning: 1977…

US Education Doesn't Teach People To Invest: Bitterly

Kristen Bitterly, head of global Wealth at Work at Citi, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss retirement and how some become indifferent to planning. (Source: Bloomberg)

Goldman’s latest cash cow is all about funding the AI infrastructure boom

Nvidia and Intel recently tapped the bank to help them meeting soaring demand for compute.