Block Inc. lifted its annual profit guidance on Wednesday after delivering quarterly results that topped expectations due to growth in both its Square and Cash App businesses.

Fuel-makers enjoying skyrocketing profits will likely keep reaping standout margins through the next quarter and beyond, according to an executive from a top US refiner.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. (Source: Bloomberg)

Acquisition Strengthens AXIS' Casualty Platform with High-Performing Book, Ensuring Continuity for Brokers and Policyholders Acquisition Strengthens AXIS' Casualty Platform with High-Performing Book, Ensuring Continuity for Brokers and Policyholders

Two private credit funds managed by Blue Owl Capital Inc. bought back a combined $90 million of shares, marking a consecutive quarter of repurchases as the asset manager sought to steady the vehicles’ value amid turbulence in the sector.

Zillow Group Inc. said Wednesday that second-quarter revenue jumped 18% from a year earlier to $772 million, as the online real estate company sees rental agreements growing more quickly than home purchases on its website and app.

Four Corners Property Trust acquires 5 Novant Health Urgent Care properties for $11.7M

CME Group Inc. and FanDuel are scaling back a joint effort to take on prediction market startups after failing to gain traction in a booming industry that has quickly come to represent a threat to both Wall Street exchanges and traditional sportsbooks.

The Japanese yen will strengthen about 6% against the dollar by year-end following coordinated currency intervention, according to revised expectations from Bank of America Corp.

The $19 billion market for menopause treatment is booming. But the gold rush is leaving some women behind. (Source: Bloomberg)