Market News
The statements came 14 years apart, but they almost could have been written from the same template.
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Beijing says it will take ‘all necessary measures’ if Washington expands crackdown on business with Tehran
Volkswagen Chief Executive Officer Oliver Blume told workers at the main Wolfsburg factory on Tuesday that roughly half of the carmaker’s additional workforce reductions will need to happen in Germany. William Wilkes reports on Bloomberg Television. (Source: Bloomberg)
OpenAI has launched ChatGPT for Teens, complete with various safety features. But this implies that the main concern of kids using AI is their access to damaging content. If only.
Bond traders have begun to treat Mexican debt like junk after the government has spent $130 billion to bail out state-owned oil giant Petroleos Mexicanos. Bloomberg's Scott Squires explains. (Source: Bloomberg)
Bitcoin has just wiped out three months of losses in 1 week
“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”
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Investors shrug off US sanctions plan for Iran, bitcoin powers on
Treasury Secretary Scott Bessent’s recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller — his long-time ally and mentor.
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Dollar edges higher as investors weigh Iran sanctions, Treasury buybacks