Wall Street’s Momentum Train Hits Full Speed Into September
(Bloomberg) — Even after Friday’s stock dip, Wall Street’s risk-on momentum train is barreling into September at full…
UnitedHealth Ongoing Criminal Probe Is Broader Than Medicare
(Bloomberg) — The US Justice Department’s criminal division is digging into UnitedHealth Group Inc.’s prescription management services as…
US Inflation to Edge Up as Powell Shifts on Job Market
Jerome Powell arrives for a dinner during the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in…
Credit Fuels the AI Boom — and Fears of a Bubble
Sam Altman (Bloomberg) — Credit investors are pouring billions of dollars into artificial intelligence investments, just as industry…
China Emissions Fall While Chemicals Emerge as New Hotspot
Photo by China Photos/Getty Images) (Bloomberg) — A surge of renewable power led to declining emissions in China…
Funds With $617 Billion Turn Less Bearish on China, Survey Shows
Stock market information displayed at the Nasdaq MarketSite in New York, US, on Monday, Aug. 5, 2024. A…
US Retail Sales Point To Resilience
US retail sales posted solid advances in consecutive months for the first time this year, tempering concerns of…
Central Bankers Flock to Jackson Hole at Pivotal Moment
(Bloomberg) — A big week is coming up for the Federal Reserve and central bank enthusiasts. The Kansas…
How Switzerland’s tariff drama swung from hope to despair
(Bloomberg) — On July 4, as the US celebrated Independence Day, Switzerland’s top circle of ministers also had…
Trump’s Tariffs, BoE Cuts Rates, Brazil Hosts COP30 And More
The Bank of England reduced interest rates to a more than two-year low in a closer-than-expected decision that…
Apple Salaries Revealed: How Much AI Staffers, Engineers Make in 2025
As the race for AI supremacy consumes Big Tech, Apple lags behind many of its peers. Four of…
China Social Spending Hits Highest Level in Nearly 2 Decades
(Bloomberg) — China’s government spending has pivoted toward social welfare to a degree unseen for at least a…