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Bank of America CEO Brian Moynihan said the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices.
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Iran likely to reverse-engineer captured US underwater drone Reuters
The yield gap between Chinese and US 10-year sovereign bonds widened to the most on record following a drop in Treasuries, underscoring the stark divergence between a global debt selloff and the stability of onshore yields.
Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official. Bloomberg's Erik Wasson has the latest. (Source: Bloomberg)
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Brent holds above $100 as tanker attacks deepen supply fear Reuters
While e.l.f. Beauty's roots are in color cosmetics, the company has recently focused on building its skincare portfolio: since 2022, its launched an in-house skincare line and acquired two other brands (most recently Hailey Bieber's Rhode for $1 billion in 2025). On Bloomberg Chief Future Officer, C
Developing new products and bringing them to market quickly has been an important ingredient in e.l.f. Beauty's rapid growth. On Bloomberg Chief Future Officer, CFO Mandy Fields tells Scarlet Fu how her finance team plays a key role in the company's innovation processes. (Source: Bloomberg)
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Multiple US military aircraft suffered damage in overnight strikes on Jordan air base, CBS says Reuters
Australia eased plans to force liquefied natural gas exporters to reserve supplies for domestic users, replacing a fixed requirement with an annual cap based on demand.
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Trump says activity seen at Iran's Pickaxe Mountain, urges Tehran 'not to get cute' Reuters