As Wall Street’s fixed-income desks struggled in the third quarter, their rivals in equities seized a rare opening to outshine their market brethren.

It would be foolish to think the Wall Street giants can’t outrun the threat of AI

Formula 1 will return to Africa, with a first race set to take place in Rwanda in the early 2030s. Jennifer Zabasajja reports. (Source: Bloomberg)

In a sovereign-debt crisis, even understanding politics may not be enough

The Deal with Alex Rodriguez and Jason Kelly showcases intimate conversations with business titans and sports champions that reveal their investment philosophies, missed opportunities and more. (Source: Bloomberg)

Indian Foreign Minister Subrahmanyam Jaishankar told Bloomberg Editor-in-Chief John Micklethwait that trade negotiations with the US were close to a conclusion, though final details remained to be resolved. They spoke at the Bloomberg New Economy Forum in New Delhi (Source: Bloomberg)

The artificial-intelligence boom is wobbling even if the bosses of big US banks don’t see it. Chipmakers’ stock prices have dropped in recent days, and there were signs of a hiccup in the third-quarter earnings of Goldman Sachs Group Inc., JPMorgan Chase & Co. and others on Tuesday.

Harley Bassman, pioneer of one of the most widely followed indicators for US Treasuries, warns that a little-noticed feature of the market is threatening to worsen a monthslong selloff and push bond yields even higher.

Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026

In a capital-intensive industry where money is the weapon that catapults startups to scale and overwhelms rivals, financiers can have a lot of sway.