Business

Bloomberg Surveillance 8/19/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

Ken Fisher’s Firm Seen Behind $4 Billion Contrarian Bond Trade

Billionaire Ken Fisher’s eponymous firm appears to be betting that the longest-dated US bonds will rally, a contrarian stance that seeks to capitalize on yields close to their highest in two decades.

Defense-Tech Firm Lyntris Shares Plunge 11% After Downsized IPO

Lyntris Inc. shares fell 11% in its trading debut, after the company and some of its shareholders raised $297.5 million in a downsized initial public offering.

Markets Rally After U.S. Treasury Tries to Ease Bond Market Stress

Government bond yields fell and stocks jumped on a move by the Treasury Department to double the amount of debt that it can buy back from investors.

TrueCar CEO Says Discounts Buoy 'Very Soft' Auto Market

Scott Painter, chief executive officer of TrueCar, says automakers' incentives in "very soft new-car market'' are helping cushion consumers from the blow of tariffs like those being threatened by President Donald Trump against Canada. He…

Target Raises Sales Outlook as Turnaround Gains Strength

Joe Feldman, senior research analyst and assistant director of research at Telsey, says there is a “strong signal that the turnaround is working” at Target. The retailer lifted its full-year guidance after results outpaced estimates in the…

Irish lawmakers summon TikTok over videos glorifying dangerous driving

Chile’s Lithium Producer SQM Posts US$660 Million Quarterly Profit

Chilean lithium producer SQM earned US$660.0 million in the second quarter of 2026, up 646.4% on the year, as prices recovered and sales volumes hit a record. The post Chile’s Lithium Producer SQM Posts US$660 Million Quarterly Profit…

I want to be a snowbird, but I’m not sure my $2 million nest egg can sustain two homes

It’s not the purchase price that’s the biggest obstacle, but rather the continuing costs.

Novak, Siluanov comment on Russia’s GDP growth, additional support for regions

TASS has compiled the key statements on the economic situation in Russia

We're booking a five-fold profit on one of drug stock's rally to record highs

This trim doesn't reflect any change in our positive long-term view.

Reform says we need to choose between climate and economy. It's wrong | Larry Elliott

The party’s deputy leader Richard Tice says we should stop worrying about extreme heat and enjoy it. This dangerous nonsense will wreck our finances and the planet So now we know: the smart response to the UK’s summer of record…