Installing tech billionaires Elon Musk and Palmer Luckey to Pentagon defense board raises conflict of interest concernsBy installing tech billionaires Elon Musk and Palmer Luckey to advisory roles in a Pentagon project about the future of warfare, defense secretary Pete Hegseth bestowed extraordinar
I'm pretty sure I won't be buying the $1,299 Meta VR Glasses. That's too rich for my blood in today's economy, and my feelings about Meta are… conflicted. But I want you to understand that Meta just changed the game. We've had glasses, but we've never had glasses like this. The Meta VR Glasses are [
The benchmark KBW Bank Index shed as much as 2.4% to the lowest intraday since late May in Thursday trading, as investors assessed the impact to the economy and banks’ businesses from relentlessly climbing Treasury yields.
US state and local government debt posted its worst month in nearly two decades after inflation concerns, fueled by the ongoing US-Iran conflict, and fears of interest-rate hikes triggered a widespread bond selloff.
The SEC wants retail investors to access private markets, and with all the hype around tech darlings going public, there's plenty of potential reward and risk.
Lake Mead is at its lowest level since it was filled nearly 90 years ago, Lake Powell also at a historic lowIt was 42C (108F) degrees as we motored across Nevada’s Lake Mead in our rented pontoon boat. Colby Pellegrino with the Southern Nevada Water Authority wanted to show us something we shouldn’t
President Trump's 75-minute interview with Time revealed his latest thinking on the Iran war, the AI race (or in his words, SI), the media and more.Why it matters: The interview with one of America's most historic news publications gives voters insight into the direction of the country roughly a mon
American manufacturers are expanding and have plenty of new orders, but high energy prices and new Trump tariffs appear to be blocking even faster growth.
Federal Reserve Bank of Kansas City President Jeff Schmid says the Fed hasn't fulfilled its promise on the inflation side of its mandate at the Richmond Fed's Investing in Rural America conference. (Source: Bloomberg)
A rally in oil prices spurred renewed bond volatility and drove stocks lower, with the market extending losses after data showed factories are contending with inflationary pressures. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, talks about her market outlook and staying invested a
The U.S. job market has been stuck in what economists call a low-hire, low fire mode for the past two years — and the September employment report is likely to be in line with this unusual trend.
The economic impact of climate change is undeniable and must be factored into monetary policy, according to European Central Bank Governing Council member Olaf Sleijpen.
Norway’s sovereign wealth fund was a key investor in an initial public offering underwritten by Tera Yatirim Menkul Degerler AS just two months before the brokerage firm became the center of the biggest fund scandal in Turkish history.
For more than 30 years, Lacy Hunt was behind one of the US bond market’s most enduring bullish wagers. Now, the 84-year-old economist and his colleagues at Hoisington Investment Management have emerged as some of the most committed bears.
Dan Suzuki, global investment strategist at iCapital, warns that the latest ISM manufacturing report is not good news for markets. He also talks about oil prices and says higher interest rates are starting to bite lower-quality segments of credit markets and equities. He speaks on "Bloomberg Open In
The U.S. Treasury Department will soon begin automatically enrolling children in “Trump accounts,” which could cause the ranks of those enrolled to grow nearly tenfold. Though parents previously had to submit an IRS form to open this new type of tax-advantaged investment account, Treasury released t
The base Galaxy S26 with 256GB of storage costs nearly $1,000 after Samsung raised prices in the US by $100 or more, Phone Arena reports. The Galaxy S26 and S26 Plus were already $100 more expensive than their S25 predecessors when they launched earlier this year, which Samsung said RAM price hikes
US manufacturing activity expanded at a slightly slower pace in September as factories balanced robust demand with resurgent costs and shipping delays.
A near $100 billion rout in September has left South Africa’s benchmark stock index at its most oversold level in 17 months, according to a momentum indicator that measures the speed and magnitude of recent price moves.