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Daniel Fried, former US ambassador to Poland, said 'Iranians have little incentive in the near term' to allow the Strait of Hormuz to open and that a solution to the conflict will require patience. Fried, who also served as the assistant Secretary of State for Europe, also said that when it comes to

Stripe confirms OpenRouter acquisition, terms undisclosed

Dominion Energy upgraded at TD Cowen on favorable merger odds

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record of the central bank’s most recent policy debate showed. The next Fed decision comes in September. Bloomberg's Michael McKee re

Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs

Vietnam's economy is on a roll. Hanoi, basking in the kind of praise that Southeast Asian peers won prior to the region’s financial crisis in the 1990s, wants still more rapid growth. But leaders should be careful — such enthusiasm might well hasten the boom's undoing.

Bloomberg's Katherine Chiglinsky joins Dani Burger on "Bloomberg Deals." Goldman Sachs struck its second deal in a week as the firm pushes ahead with plans to grow its $4 trillion money-management arm. (Source: Bloomberg)

Bloomberg's Norah Mulinda joins Dani Burger on "Bloomberg Deals." Fast-fashion retailer Shein is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar with the matter, a sharp drop from its peak value. (Source: Bloo

3-2-1 crack spread near $70 a barrel: what it means for refining stocks

SA analyst upgrades/downgrades: MU, GS, DDOG, GWRE