How the bubble bursts
AI-fuelled market euphoria is a new telling of an old story that will not play out differently this time, writes John Plender — but it may have some way still to go...
Jan 3Financial Timeseconomics
AI-fuelled market euphoria is a new telling of an old story that will not play out differently this time, writes John Plender — but it may have some way still to go...
The US president announced plan to acquire and sell between 30 and 50 million barrels of oil from Venezuela. Venezuela's acting leader Delcy Rodriguez said her government, not a "foreign agent," contr...
President Trump wants more U.S. oil companies to "go in" to Venezuela. But there are economic, historical, and climate reasons that may not be easy. Here's what you need to know about oil in Venezuela...
The new government in Prague wants to change the constitution to anchor the Czech crown as the country's legal tender and guarantee the right to use cash, not just cards. Why has it made this pledge a...
The new government in Prague wants to change the constitution to anchor the Czech crown as the country's legal tender and guarantee the right to use cash, not just cards. Why has it made this pledge, ...
Jamba Juice's former CEO said middle management is important for maintaining company culture. Smith Collection/Gado/Getty Images Jamba Juice's former CEO, James D. White, said he's all for middle mana...
Amazon is pushing forward with its own brand of chips called Trainium. Noah Berger/Getty Images for Amazon Web Services Amazon says that some employees stranded in India due to visa delays can work re...
US President Donald Trump has taken his battle with the Federal Reserve to another level. Fed Chair Jerome Powell announced on January 11 that Trump's Department of Justice has served the central bank...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Schwab Center for Financia...
Mehdi Paryavi, CEO of the International Data Center Authority, says overusing AI may make workers look more productive while quietly eroding the confidence and thinking skills their careers depend on....
Frederick Baba, a trader at Jane Street and former Goldman Sachs partner. Courtesy of Goldman Sachs Former Goldman partner Fred Baba shared the goodbye note he sent colleagues. He left Goldman in 2023...
Scott Bessent said that institutional investors won't have to sell current single family homes. Alex Wong/Getty Images Scott Bessent clarified Trump's plan to ban Wall Street firms from purchasing hom...
Protests around Iran over its economy have continued on January 6, with demonstrators holding a sit-in at Tehran's Grand Bazaar, later dispersed by security forces. It all comes down to a currency in ...
The fascination with cryptocurrencies shows no sign of fading. With the passage of the Guiding and Establishing National Innovation for US Stablecoins (Genius) Act in July, US lawmakers added to the s...
Juan Barreto/AFP via Getty Images; Mateusz Slodkowski; Alyssa Powell/BI It certainly looks like an insider may have cashed in big by betting on Venezuelan President Nicolás Maduro's American-orchestra...
For a long time, you could make plenty of money and sleep easy at night with a simple 60/40 portfolio. You put 60% of your money in stocks and 40% in Treasuries. The stocks generally went up. The Trea...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
Lincoln County, Kansas is paying remote workers $4,500 cash to move to there. d3sign / Getty Images Some companies are keeping remote work policies even as other firms call people back to the office. ...