Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
The Oracle offices in Redwood City, California. (Bloomberg) — Oracle Corp. shares tumbled after a report that the…
Gold Powers Toward $4,000 on US Federal Shutdown and ETF Buying
(Bloomberg) — Gold rose to a record — fast closing in on the $4,000-an-ounce mark — — as…
Bond Traders Dare to Go Longer Before 4% Yield Disappears
(Bloomberg) — Bond investors have ridden a profitable playbook this year to score big wins on Federal Reserve…
Subdued US Job Growth Expected in Advance of Fed Meeting
Commuters wait for a red line train at a metro station in Washington, DC, on Sept. 23. (Bloomberg)…
China to stop claiming special WTO benefits that rankled U.S.
China will no longer claim the benefits available to developing nations at the World Trade Organization, removing a…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
‘Hedge America’ Trade Fuels Global Rush Into Short-Dollar Wagers
(Bloomberg) — It turns out that all the “Sell America” angst swirling in markets earlier this year was…
Swiss Exports to US Collapsed in First Month of 39% Tariff
Compared to July, Switzerland exported 8.6% fewer watches. (Bloomberg) — The highest US tariff among developed nations dealt…
Apple and Citi CEOs Join Trump and King Charles at State Dinner
(Bloomberg) — King Charles III urged the defense of Ukraine and the environment as he welcomed US President…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…