Venezuela’s creditor group has been expanding and now accounts for nearly 40% of all the debt outstanding, putting it in a stronger position as fresh optimism builds that the nation’s long-delayed restructuring is high on the agenda in Washington and Caracas.
Peter Orszag, chairman and CEO of Lazard joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss AI, retirement reform, Trump Accounts, and the next generation of investment bankers. (Source: Bloomberg)
Hurricane Isaias is lifting to US Gulf Coast crude prices, with nearly three-quarters of oil production in the region shut in.
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Pact between Washington and Moscow comes just weeks before critical midterm elections in the US
Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss "Pee Wees: Confessions of a Hockey Parent" by Rich Cohen and "The Stories of John Cheever" by John Cheever. (Source: Bloomberg)
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Despite the growing backlash against data centers, Kalshi odds show the buildout will continue to expand.