Hassett Emerges as Frontrunner in Trump Fed Chair Audition
Kevin Hassett (Bloomberg) — White House National Economic Council Director Kevin Hassett is seen by advisers and allies…
Alphabet AI Chips, Gemini Model Position It to Rival Nvidia
(Bloomberg) — A rally in Alphabet Inc. shares is poised to shake up the ranking of the world’s…
White House Asks Congress to Reject Bill Curbing Nvidia Exports
(Bloomberg) — White House officials are urging members of Congress to reject a measure that would limit Nvidia…
Oil Holds Biggest Loss in a Week as US Product Stockpiles Swell
An oil refinery and petrochemical plant in Houston, Texas. Photographer: Mark Felix/Bloomberg (Bloomberg) — Oil held the biggest…
Bitcoin Erases Year’s Gain as Crypto Bear Market Deepens
Bitcoin fell below $93,714 on Sunday. (Bloomberg) — Just a little more than a month after reaching an…
It’s Not Just Affordability, Americans Anxious Over Jobs Too
(Bloomberg) — Voter frustration over affordability fueled Democratic wins in last week’s state and local elections, and on…
Trump’s 50-Year Mortgage Loses Steam as Industry Questions Costs
(Bloomberg) — Days after Donald Trump’s party lost several key election contests that centered on cost-of-living concerns, the…
Nexperia chips have begun flowing to Europe again, auto suppliers say
The first shipments of Nexperia chips are already on their way to Europe after Beijing granted exemptions to…
Lilly, Novo to Lower Obesity Drug Prices in Trump Deal
(Bloomberg) — Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash…
China Services Gauge Extends Growth Streak Even as Economy Slows
Pedestrians cross a road in the Bund in Shanghai. Photographer: Qilai Shen/Bloomberg (Bloomberg) — China’s services activity expanded…
Wall Street CEOs Flag High Market Valuations, Pullback Risk
Buildings along Wall Street in New York, US. (Bloomberg) — Wall Street chief executives said investors should brace…
BOE Set to Hold Rates as UK Budget Looms Over Decision
(Bloomberg) — The Bank of England is expected to skip an interest-rate cut on Thursday, further slowing the…