Business
Kalshi’s COO thinks prediction markets can beat the polls
Prediction markets incentivize truth. Everything else incentivizes clickbait. That’s the core argument Luana Lopes…
Business
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Business
Samsung just did something no tech company has ever done, and investors still aren’t satisfied
Since the stock peaked in June, Samsung shareholders have been unimpressed with record profits and shareholder return pr…
Business
Oil prices are jumping again. How the S&P 500 has performed on days crude has seen big gains may be surprising.
The S&P 500 moves on days oil prices have gained 3% may come as a surprise.…
Business
Oil Spike Would Be Just The Worst: Market Analysis
Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The O…
Business
Jeff Bezos Claims AI Could Allow For 3-Day Workweeks And One-Income Families
In an interview with Fox News, the Amazon founder said he disagreed with the assessment that AI will lead to large-scale…
Business
Ukrainian FPV Strike Drone Boosts Range By Dropping Used Batteries
Ukrainian makers Stellarion are now shipping FPV drones which use the simple technique of dropping expended batteries to…
Business
I’m a 68-year-old widow. My two adult children keep asking me for money. Are they taking advantage of me?
“I also have $310,000 in an IRA and $46,000 in savings. My house is paid off.”…
Business
Simone Biles and Jonathan Owens find a buyer for $1.2 million Texas home—in less than a week
Olympic gymnast Simone Biles and her NFL star husband, Jonathan Owens, have landed a buyer for their sprawling Texas pro…
Business
Chelsea FC Co-Owners Settled Dispute With Robey as Key Mediator
In between advising on multibillion-pound FTSE takeovers, investment banker Simon Robey this year found himself playing …
Business
Legacy Private Credit Loans Face Refinancing Risks as Rates Rise
Private credit borrowers that loaded up on debt when interest rates were low could face refinancing pressure as they app…
Business
Ace Hardware Stores are closing in 2026: See updated list of doomed locations
While Ace Hardware is celebrating record growth, some of its longest-standing stores are shutting their doors for good. …
Business
As companies spend more on AI, many spend less on workers
As organizations race to adopt AI, some are investing in workforce development to complement the technology, while other…
Business
Samsung Posts Record Profit but Investors Question Sustainability of AI Spending
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloom…
Business
Meloni Can’t Afford Defeat in Parliament, Citi Economist Says
Italian Prime Minister Giorgia Meloni needs to win a confidence vote on Thursday to avoid further bond-market tensions, …
Business
FC Barcelona Knows Manchester United Wonderkid JJ Gabriel’s Price
FC Barcelona knows how much it will cost to land highly-rated, 16-year-old wonderkid JJ Gabriel from Manchester United…
Business
Why Global Bond Yields Hit The Highest Level In Years: Live Q&A
Bloomberg reporters answer your questions about the global bond selloff in a Live Q&A on Thursday, October 8 at 7.30…
Business
Malaysia Gets Myanmar Vow to Take Back More Refugees, Does Not Recognize Regime
Malaysia Prime Minister Anwar Ibrahim hosted Myanmar President Min Aung Hlaing for talks Thursday, though his government…
Business
Rupee Slide Tests RBI’s Multiple Defenses as Record Low Nears
The rupee is on the brink of a record low despite the central bank throwing almost everything at its defense — higher in…
Business
Imperial Brands Plans £1.5 Billion Buyback After Stock Fall
Imperial Brands Plc plans a £1.5 billion ($2 billion) share buyback in the next fiscal year, citing continued confidence…
Business
Universal U.K. Set To Take Visitors From Disneyland Paris Says Government
Disneyland Paris is expected to lose visitors to Universal’s upcoming theme park in the United Kingdom according to a ne…
Business
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence t…
Business
‘Baseless’: Indian Government Rejects Musk’s Claim ‘Oligarchs’ Are Blocking Starlink Launch
On Tuesday, Musk claimed that “certain oligarchs” were blocking the launch of his Starlink satellite internet services i…