Apple leadership transition unlikely in near term; Tim Cook to decide retirement timing: Mark Gurman
Tim Cook, Apple’s CEO since 2011, is not expected to step down in the near future, according to…
Space Race With China Drives Antenna-Building Boom in Arctic
The Canadian government’s Inuvik Satellite Station Facility in the Northwest Territories. (Bloomberg) — Satellite operators are looking north. Way north.…
Is The Dollar Dying Soon? | Economy
It is the product of years of accumulated unease that has now crossed a psychological tipping point. (AI…
Consumers Feel Pinch at Pump as Russia Drives Oil Refining Boom
The Valero Houston refinery. Valero Energy Corp. and Turkiye Petrol Rafinerileri AS have seen stellar rises, while Orlen…
China Property Loans of $1 Billion Risk Default in Latest Scare
(Bloomberg) — Banks in Asia are getting caught in the latest flare-ups in China’s real estate crisis, as…
Bessent Deflects Inflation Concerns, Sees Better Times in 2026
US Treasury Secretary Scott Bessent (Bloomberg) — US Treasury Secretary Scott Bessent deflected concerns about high costs under…
Inflation Flip Gives Emerging Markets Edge Over Rich Nations
Gains in some markets, including Hungary, Brazil and Egypt are topping 20%. (Bloomberg) — A rare turn in…
China’s Deflationary Spiral Hurts Economy Harder Than Official Numbers Suggest
Bloomberg analysis shows deflation on the ground feels more pronounced than official data show, with prices of everyday…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
China Services Gauge Extends Growth Streak Even as Economy Slows
Pedestrians cross a road in the Bund in Shanghai. Photographer: Qilai Shen/Bloomberg (Bloomberg) — China’s services activity expanded…
Nvidia Shares Soar as Trump Fuels Hopes of China Blackwell Sales
(Bloomberg) — Nvidia Corp.’s shares extended their dramatic ascent to a record after US President Donald Trump said…
North America Set to Cut Rates as Rest of G-7 Looks On
The Marriner S. Eccles Federal Reserve building in Washington, DC. (Bloomberg) — Policymakers in Washington and Ottawa will…