Business
AI, Blockchain And The 95% Problem: What Mortgage Brokers Got Right
From failed blockchain platforms to a 95% AI failure rate, tech stalls when built backwards. Rocket's broker-designed to…
Business
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Business
KKR Wraps Up $2.1 Billion Leveraged Loan for Integer Acquisition
KKR & Co. Inc. finalized a $2.1 billion loan to help fund its pending acquisition of medical-device maker Integer Ho…
Business
Trump Doubles Down On $5,000 Election ‘Dividend’—As Another Republican Raises ‘Serious Concerns’
Florida Gov. Ron DeSantis, R-Fla., has been the most prominent GOP critic of Trump’s promise.…
Business
Don’t trust AI companies with your content. Verify them instead
If it’s a day ending in Y, you can count on a story that further erodes the public’s trust in Big Tech. This week it was…
Business
Oraclum Hedge Fund Founder Charged With Lying About Returns
Vuk Vukovic, a founder of New York hedge fund Oraclum Capital LLC, was charged by federal prosecutors with lying to inve…
Business
Jon Ledecky reflects on Sept. 11 and NYC sports scene
Jon Ledecky, NHL team New York Islanders co-owner, sat down with Bloomberg's Romaine Bostick to remember the events on S…
Business
‘Runner’ Rotten Tomatoes Reviews: Ritchson And Wilson Film Wins By A Good Margin
Angel Studios’ "Runner," an action comedy starring "Reacher" star Alan Ritchson and comedy great Owen Wilson, is new in …
Business
The Houthis Do Not Need To Close Bab El-Mandeb
Bab el-Mandeb shipping risk can rise well before a formal closure, forcing companies to rethink insurance, routes, inven…
Business
Marvell is sitting on an incredibly ‘sticky’ business that could help it unlock a $30 billion opportunity
Marvell is best known for making custom chips — but an analyst notes there’s arguably more potential in supporting compo…
Business
Lululemon’s Newest Bear Sees More Pain Ahead After 81% Rout
Lululemon Athletica Inc.’s turnaround won’t be a quick or easy fix as the athletic wear company cedes market share to ri…
Business
What happened when Meta tried to collect employee data
When employees at Meta learned that the company would start collecting their data to train AI models, there was a swift …
Business
CFTC Clears Faster Payouts for Tipster Awards Under $5 Million
The Commodity Futures Trading Commission plans to automatically award successful whistleblowers 30% of any enforcement p…
Business
Reflecting Pool Contractor Says Issues Were Linked To Its Own Work, Not Vandals, Report Says
U.S. Attorney for the District of Columbia Jeanine Pirro found after an investigation last month the pool’s renovation “…
Business
How Scott Waugh’s ‘Runner’ Lovingly Throws Back To Action Movies Of The 1980s And ‘90s
The film stars Alan Ritchson ('Reacher') and Owen Wilson ('Loki') as a mismatched duo on a life-or-death mission to deli…
Business
Meta just told some of its former managers to become managers again
Meta may have been a bit too enthusiastic in its highly publicized campaign to reduce middle management. T…
Business
Your Social Security COLA could go up another $71 a month in 2027. That’s not necessarily good news.
A higher COLA is a sign that persistent inflation isn’t going anywhere.…
Business
National Guard Presence a 'Significant Investment' In DC Safety, Says Brig. Gen. Blanchard
Brigadier General Leland Blanchard II, Interim Commanding General of the DC National Guard, said that safety efforts in …
Business
The Houthis have opened a new front in the Middle East oil war that’s pushing up prices
A Red Sea crisis deepens as the Saudi East-West pipeline is shut down and the Houthis grab effective control of the stra…
Business
Scores of Young Sports Fans Placed Their First Bets This Summer
Bloomberg's Zijia Song joins Scarlet Fu on "Bloomberg Money." This summer’s FIFA World Cup packed stadiums across North …
Business
Must Think Of Wealth Transfers Differently: Zentner
Ellen Zentner, chief economic strategist and global head of thematic and macro investing at Morgan Stanley Wealth Manage…
Business
25 Years Ago, One U.S. Navy Aircraft Carrier Responded To 9/11 Attacks
The USS George Washington was the only United States Navy aircraft carrier able to head to New York City following the a…
Business
Nashville Airport Board Votes To Rename Airport After Dolly Parton
The Metropolitan Nashville Airport Authority’s board voted unanimously to rename Nashville International Airport after D…
Business
Netflix hit with major lawsuit over alleged secret tracking of families and children
If you’re unsettled about Netflix watching your every move during your next embarrassing binge watch, you’re not alone. …
Business
Saudi Arabia shuts East-West pipeline that bypasses Hormuz after attacks
Move is likely to put further momentum behind fast-rising oil prices…