President floats idea as voter anger over rising costs threatens Republican hopes in November midtermsDonald Trump said on Tuesday his administration was considering suspending the federal gasoline tax, a sign the president is noticing voter anger over fuel costs a month before the midterm elections
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Jess Menton. (Source: Bloomberg)
Amazon’s October Big Deal Days are underway (lasting through tomorrow night), and we spotted a ton of Apple products and accessories in the sale, ranging from laptops and headphones to desktops and more. Some of the deals are only for Prime members, but other retailers are often matching or beating
After trading sideways for much of the past year, the “Magnificent Seven” have been staging a comeback, helping to re-energize a bull market threatened by rising bond yields and stubbornly high crude-oil prices.
If you’re planning to fly for Thanksgiving but haven’t booked a ticket yet, you might actually be in luck. Travelers could still have a few weeks before they hit the sweet spot for booking their Thanksgiving flights, according to new data from KAYAK. But wait too long, and those potential savings co
A Wells Fargo analyst warns of a near-term profit hit from AI infrastructure spending and legal costs — but thinks that will set up massive gains by 2028.
The deeply distressed tail of the leveraged loan universe has grown to levels not seen since the beginning of the pandemic, with technology the single biggest sector under pressure.
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Stocks push toward new highs, but Ray Dalio is sounding the alarm on bonds. JPMorganChase Chairman & CEO Jamie Dimon joins us exclusively on rising debt, dealmaking and AI’s growing cyber threat. Plus, Nvidia nears
For six decades, I’ve worked on product design and manufacturing for companies such as Polaroid, Seiko, and Apple, as well as startups. When I worked at Polaroid and Apple, they still had their own factories and chose to go to Asia to build products. As noted in Patrick McGee’s bestseller Apple in C
As interest rates and bond yields rise, dividend stocks many boomers rely on for income are taking a beating. There are ways to blunt the portfolio impact.
Musk could buy everyone on the planet a pair of Apple AirPods, a three-course dinner, or a nice pair of Levi’s jeans, and he’d still be the world’s richest with $298 billion.
Treasury Secretary Scott Bessent’s assurance that US economic growth combined with spending restraint can rein in the federal deficit met with skepticism by market strategists who highlighted the scale of current borrowing.
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 than "Bloomberg Surveillance." (Source: Bloomberg)
California leaders blasted President Trump after he said during a Monday rally about Iran, "Let them take out Los Angeles. Let them take out San Diego."The big picture: The backlash — and the White House's insistence that Trump was misunderstood — underscored the ambiguity of his meandering speech:
Former Treasury Secretary Janet Yellen criticized President Donald Trump’s treatment of US allies, and backed the idea of retaliation for protectionist moves.
Investors are betting Brazil’s election-fueled rally has just begun — a wager that ultimately hinges on a fiscal overhaul markets have long demanded, but still know little about.
París enfrenta una factura creciente por su deuda justo cuando la política dificulta una solución. Los mercados se preparan para una volatilidad que podría prolongarse hasta las elecciones.
The higher the wall of worry, the faster US stocks have climbed it, clocking its first record since August on Tuesday. But to Jim Paulsen, the cumulative pressure from $100 oil prices, 5% Treasury yields and an elevated dollar is yet to be felt in a major way.