Pimco Wins Big From Betting on Colombia While Other Funds Fled
Pacific Investment Management Co. is now the dominant foreign player in Colombia’s local debt market after a buying spree that more than offset outflows by other overseas investors.
Business News
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US Economy Can Keep Growing Despite Higher Rates, Says House
Wells Fargo’s Sarah House says Chair Kevin Warsh may use Jackson Hole to focus on longer-term questions facing the Federal Reserve rather than signal the next move on interest rates. She also...
Treasury Buybacks Are Not 'QE Lite,' Claudia Sahm Argues
Claudia Sahm, New Century Advisors chief economist, argues that the US Treasury's strategic debt buyback operations will only have a temporary, limited impact on markets. She speaks on "Bloomberg...
2026 FedEx Cup bonus money breakdown: Scottie Scheffler earns $23 million payout from $100 million pool
Scheffler earning the top spot in the season-long standings nets him a massive check
Trump Threatens Even Higher Tariffs on Canadian Exports After Talks Unravel
A renewed trade war between the U.S. and Canada has escalated.
Canadian Stocks Whipsaw After US Trade Talks Break Down
Canadian stocks flipped between gains and losses at Monday’s open after the collapse of talks with the US unleashed what threatens to become a widening trade war, with Prime Minister Mark Carney...
JPMorgan’s Berro Says Bond Market Can Handle High-Grade Stampede
The investment-grade bond market faces a busy September, but demand for corporate debt suggests anxiety about heavy supply may be overblown, according to Kelsey Berro, a portfolio manager at JPMorgan...
Guillermo del Toro, James Gunn, ‘Beyond the Spider-Verse’ Directors Set for Crunchyroll’s Inaugural Anime Future Forum
Anime giant Crunchyroll plans to dissect the growing business of anime with its first-ever thought leadership summit to be held as a precursor to New York Comic Con in October. The Crunchyroll Anime...
US Futures Drop as Investors Prep for Busy Week, Nvidia Earnings
US stocks traded lower before the bell on Monday as investors prepared for a busy week of economic data and important earnings from Nvidia Corp.
Treasury Cash Stockpile Is Option to Fund Buybacks, CNBC Says
The Treasury Department could opt to draw down some of its cash pile to fund expanded buybacks of higher-yielding, older securities, CNBC reported Monday, citing two senior Treasury officials.
Stocks Fall Ahead of High-Stakes Week; Canada Sees Long US Trade War | Bloomberg Brief 08/24/2026
US equity futures drag as investors await US Treasury Secretary Scott Bessent’s news conference on Iran on Monday as well as the PCE data, Nvidia earnings and Fed Chair Kevin Warsh's remarks later in...
US Set to Unveil Fresh Iran Sanctions | The Pulse 8/24/2026
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the...
Carry Trades Are Riding High on Wall Street
The popular but often risky strategy is getting a boost as investors bet the dollar will weaken.
Fed, Treasury Credibility Questioned by Markets, Says Rabobank’s Foley
Jane Foley, head of FX strategy at Rabobank, discusses market anxiety over the US Treasury and Federal Reserve in what she calls “a very interesting week” for the dollar. She speaks on “Bloomberg...
Goldman’s Bell Says Europe Is Underappreciated as a Performer
Goldman Sachs, says Europe is a trade that’s “worked better than people think this year,” as she sees positive returns going forward for European equities due to earnings growth. She speaks on...
Morgan Stanley’s Wilson Sees Higher Oil as Key Risk for Equities
A renewed spike in oil prices is the biggest risk facing US stocks, according to Morgan Stanley’s Michael Wilson, who recommended using energy shares to hedge portfolios.
Treasuries Gain With Bessent and Warsh Due to Set Direction
Treasuries gained at the start of a potentially pivotal week for the US bond market, with remarks from US Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh likely to determine...
Philippine Corporate Regulator Targets Stock Brokers in Next Reform Push
The Philippines’ corporate regulator is looking to increase the minimum capital requirement for stock brokers as it forges ahead with reforms despite pushback from some market participants.
Farmers Struggle to Get Basic Services From Depleted Agriculture Dept.
Mary and Zachariah Ben turned to private lenders when the low-interest loan they secured from the administration to buy property for their organic baby food business stalled for months.
Can ‘Argentina’s Texas’ Save the Country’s Economy?
Thousands of Argentines are flocking to a remote stretch of Patagonia, seeking work with only backpacks, tents and the hope that they and their country can turn around their fortunes.
How Argentina’s Oil Boom Is Changing Patagonia
Our correspondent Emma Bubola travels to northwest Patagonia, the epicenter of an oil boom that Argentina hopes will revolutionize its economy.
The Nigerian Industrial Behemoth That Could Reshape the African Economy
Earlier in August, it was reported that Nigeria's Dangote Refinery secured a $1 billion underwriting for its upcoming stock market listing, set to become Africa's largest IPO. According to the UN,...
Turkish Banks Rally as Central Bank Restores Cheaper Funding
Turkish banking stocks surged after the central bank moved to resume funding from its 37% policy rate, effectively lowering borrowing costs and aiding expectations for lenders’ profit margins.
The Nigerian Industrial Behemoth That Could Reshape the African Economy
Why everyone should pay more attention to Dangote.
Odd Lots: Dangote Could Reshape the African Economy (Podcast)
Earlier in August, it was reported that Nigeria’s Dangote Refinery secured a $1 billion underwriting for its upcoming stock market listing, which is set to become Africa’s largest IPO. Indeed, the...
European Stocks Steady as Investor Focus Shifts to Economic Data
European stocks were subdued, with the macro outlook back in focus as traders looked to data for clues about the health of the region’s economy.
Expect Volatility with a Negative Skew: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Tetra Pak Tycoons Slash US Stocks in $17 Billion Portfolio
The Rausing family, which made a fortune from Tetra Pak cartons, sold more than $1 billion of US equities in the second quarter, joining the global rich that are trimming bets in the world’s biggest...
Canada Braces for Lengthy Trade Standoff With the US | Insight with Haslinda Amin 8/24/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent...
Nvidia and Warsh Will Test a Stock Market That’s in Mid-Rotation
Two things are clear as stocks enter the most consequential week of summer: this market no longer trades on AI alone, and bond volatility has proved that catalysts are definitely not confined to the...
Siow: AD Ports Minority Investors Needn’t Be 'Upset'
Following the L'Imad wealth fund's proposed buyout of Abu Dhabi Ports, investors are wondering if it marks a shift in regional investment strategy. Alan Siow, Co-Head of Emerging Market Corporate...
Exxon, Apollo Among Suitors for Shell US Chemicals Unit, FT Says
Shell Plc is attracting interest from several potential buyers for its US chemicals business as the company seeks to divest underperforming assets, the Financial Times reported.
AI in Focus Amid Alibaba’s Record Share Sale and Nvidia’s Price Hike | The Asia Trade 8/24/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts and Paul Allen, getting...
PLS Group's Henderson: Lithium Market in Recovery
PLS Managing Director and CEO Dale Henderson says the lithium market is on its way to recovery from a recent trough. He speaks with Yvonne Man and David Ingles on "Bloomberg: The China Show."...
Why the Fed's Warsh Has 'No Good Options'
Pepperstone Research Strategist Dilin Wu describes the bond market as "ahead of the Fed," arguing that rising yields on treasuries is a structural issue in the economy. She also warns that Fed...
India’s $10 Billion Equity Rush Puts August on Track for Record
India’s equity capital market is heading for its best month on record, bucking a lackluster stock market as ample domestic liquidity continues to fuel demand for new shares.
FTSE’s Reshuffle May Give Vietnamese Stocks a $3 Billion Boost
Vietnamese stocks may be poised to shake off a lackluster year after securing a bigger-than-expected weighting in FTSE Russell’s semi-annual index review.
Treasury Market Still Functioning, Fed's Kashkari Says
Federal Reserve Bank of Minneapolis President Neel Kashkari has played down concerns over rising US Treasury yields, saying markets are functioning well. His most recent statements come after...
Australian Firms in Reset Mode Emerge as Earnings-Season Winners
Investors who kept faith with Australian companies pursuing restructuring and leadership changes are reaping the rewards, as signs of progress unveiled during the August earnings season sent their...
Gold Holds Near Three-Month High as Debasement Trade Returns
Gold traded near a three-month high after the US Treasury’s bold intervention in the bond market revived concerns about a weaker dollar and pushed investors toward alternatives.
US Futures Edge Lower With AI Spending in Focus: Markets Wrap
US equity futures dipped with the rising cost of the artificial-intelligence boom in focus, as Nvidia Corp. hiked prices and Alibaba Group Holding Ltd. launched a $10 billion share sale. The Canadian...
US Long Bonds Risk Deeper Selloff Without Clear Warsh Guidance
Bond investors will zero in on Kevin Warsh’s Jackson Hole speech this week, with a further selloff in long-dated Treasuries at stake as markets look for clues on the Federal Reserve chairman’s...
Pence says U.S.-Canada trade fight adds to affordability concerns for economy
“I think the last thing we need right now, as our economy is getting back on its feet, is a trade war with Canada,” the former vice president told CNN.
Fed Faces High Stakes Test at Jackson Hole
Fed Chair Kevin Warsh heads into Jackson Hole under heightened scrutiny after the Treasury’s intervention in the bond market raised questions about the traditional boundaries between fiscal and...
Treasury Buybacks Fail to Calm Bond Market
The Treasury’s surprise decision to at least double buybacks of longer-dated US debt briefly pushed yields lower, but much of that move quickly reversed as investors questioned whether the...
Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up
Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.
US Push to Isolate Iran Runs Into China
The Trump administration is preparing additional measures to isolate Iran’s economy, but further pressure could mean targeting China, the dominant buyer of Iranian oil. Joining Bloomberg This Weekend...
‘It’s a Carry World’: EM Trade Notches Longest Run Since 2008
Cathy Hepworth, who heads $1.5 trillion asset manager PGIM’s emerging-markets debt team, doesn’t hesitate when asked about her highest-conviction theme across the developing world: “Carry, carry,...