flash-finance

Argentine fashion entrepreneur-turned-developer Alan Faena sold a $30 million penthouse in his planned twin condo towers on the Miami River, a milestone in the mission to take his maximalist, theatrical brand worldwide.

Bloomberg reporters answer your questions about Nigeria’s world-beating stocks, and where investors are finding opportunities in African markets, in a Live Q&A on Friday, July 17 at 12 p.m. GMT

Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank

Gold eases as Middle East tensions revive inflation concerns Reuters

Nickel jumped to a three-week high as expectations for Federal Reserve interest-rate hikes faded, while uncertainty over mining policy in top producer Indonesia clouded the supply outlook.

The new chairman enlists heavy-hitters to fight a handful of gnarly problems

Kevin Warsh will struggle to reverse the effects of bond-buying

Lucid Group Inc., a maker of high-end battery electric vehicles, didn’t so much stare into the abyss this week as bungee-jumped it. An article on an obscure EV blog claiming Lucid was considering filing for bankruptcy touched off an intra-day 57% plunge in the stock on Tuesday. While the company has

June’s Monthly Treasury Statement, released this week, contained some unwelcome news for the head of the department that produced it. The report showed the federal deficit growing again, making Treasury Secretary Scott Bessent’s avowed goal of getting the shortfall down to 3% of gross domestic produ

The political realities point to the new PM going long — but not too long