Stocks Flounder Amid Trump’s Fed Rebuke, Trade War: Markets Wrap
(Bloomberg) — US stocks churned as traders poured through the latest batch of earnings reports while trying to…
Big Banks Lift Stocks Despite Lingering Trade Risk: Markets Wrap
(Bloomberg) — Stocks edged up as solid results from big banks offset news pointing to an escalation of…
Tariff-Fueled Market Rout Cost Chicago’s Pensions $1 Billion
(Bloomberg) — Four Chicago pension funds are estimated to have lost nearly $1 billion amid the market rout…
Oil Edges Lower With Trade War Risks and Iran Talks to the Fore
(Bloomberg) — Oil fell as traders weighed the latest US moves in the trade war, as well as…
Apple, Nvidia score relief from US tariffs with exemptions
(Bloomberg) — President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing…
Dollar Sinks and Gold Soars in Spiraling Trade War: Markets Wrap
(Bloomberg) — The dollar tumbled on concern its status as the world’s reserve currency is being eroded as…
Retailer Five Below Cancels Orders Amid US-China Trade War
(Bloomberg) — Five Below Inc. has asked vendors to turn away products waiting for shipment in China before…
Gunvor Shakes Up Leadership After Crude Oil Trading Losses
(Bloomberg) — Gunvor Group is renewing its leadership team after taking some hits in crude oil trading last…
Europe’s Stock Surge Outpaces Wall Street in Historic Run
(Bloomberg) — This was a historic quarter for European stocks. Investors are now wondering if there will be…
Trump Brings European Wineries to Their Knees Even Before Tariffs Hit
(Bloomberg) — When President Donald Trump posted his 200% tariff threat on European wine, growers were already struggling…
Oil Holds Gain as US Posts Biggest Drop in Stockpiles This Year
(Bloomberg) — Oil held a gain after US crude inventories fell the most since December, countering demand concerns…
Hungary’s MBH Bank Said to Tap Citi as State Mulls Stake Sale
(Bloomberg) — Hungary’s MBH Bank Plc is working with advisers at Citigroup Inc. on a potential share offering,…