Business
Jet fuel prices have dropped. Why are air fares still so high?
Lower jet fuel costs spell relief for airlines, which won't be eager to immediately pass savings onto customers by lower…
Business
1682 articles
Business
Blackstone Data-Center Firm QTS Taps Leveraged Loans
A unit of Blackstone-backed QTS Realty Trust LLC is seeking to raise $2 billion to repay debt tied to US data centers an…
Business
Why Fed Cuts Beat Rate Hikes
Markets may be pricing yesterday's economy. iCapital's Dan Suzuki joined Bloomberg Open Interest to explain why slowing …
Business
The Next AI Race Won’t Be Won By Smarter Technology. It Will Be Won By Better Judgement.
As AI agents reshape customer experience, competitive advantage won’t come from smarter technology alone - but from the …
Business
Mortgage rates jump as tensions with Iran spook bond investors
The conflict between the U.S. and Iran is driving mortgage rates up, adding hundreds of dollars a month in extra costs f…
Business
Nigerian Stocks Vault Past Korea’s Kospi to Claim World’s Top Returns
Nigerian equities have overtaken South Korea’s to hand investors the highest dollar-based returns this year, as souring …
Business
Micron’s stock surges on multibillion-dollar U.S. manufacturing push
The memory-chip giant is reversing its recent slide after increasing its investment in the U.S. semiconductor supply cha…
Business
This is why paper checks refuse to die
While some retailers still accept checks, an attempt to pay with anything other than cash or card is likely to result in…
Business
Only 5% of U.S. adults can ace this 8-question financial-literacy test. Can you?
Financial literacy just hit a 10-year low — and it is devastating bank accounts.…
Business
The dot-com crash was a $5 trillion blip. Why the next financial crisis could hit 4 times harder.
The next global financial crisis is already under way. Here is how it will unfold.…
Business
Airbus Employees in Spain Go on Strike Over Working Conditions
Airbus SE employees at a major manufacturing site in Spain have gone on strike in protest of what they say are deteriora…
Business
Flexport CEO Warns Shipping Risks Remain
Flexport CEO Ryan Petersen joins Bloomberg Open Interest to explain why the biggest threat to global shipping isn't the …
Business
TeraWulf Eyes $3.5 Billion for Anthropic-Leased Data Center
TeraWulf Inc. is preparing to raise about $3.5 billion in debt to build a data center campus in Kentucky, including its …
Business
Did you mess up on your taxes? The IRS just made it easier to avoid paying a penalty.
It’s a ‘major taxpayer win,’ according to one advocate for taxpayers…
Business
Sony Music to Shutter Newly Unionized Punk Merch Warehouse
The company denies union-busting allegations, saying its closure of Kings Road Merch in Minneapolis was planned long bef…
Business
Scotiabank Re-Enters Precious Metals Business It Exited in 2020
Bank of Nova Scotia has re-entered precious metals trading, six years after exiting the sector, according to people fami…
Business
AI Shopping Won’t Disrupt Every Retail Category Equally
AI shopping is changing retail discovery, but its impact will vary by category based on how much help shoppers need comp…
Business
Moana’s Record Rotten Tomatoes Score Should Give Disney Pause
Moana is a huge bomb with critics on Rotten Tomatoes, and if that translates into box office, that should cause Disney t…
Business
‘I’ve no idea how they got her number’: My student-loan servicer called a friend after I missed a payment. Is that legal?
“She said it’s the second message they have left.”…
Business
France Launches Plan to Cut Fertilizer Import Reliance
France will support a €2 billion ($2.3 billion) industrial investment program to cut dependence on costly fertilizer imp…
Business
Carpet Firm Victoria Inks Deal With Excluded Creditors
UK carpet maker Victoria Plc and a group of bondholders left behind in an earlier debt deal have struck an agreement ove…
Business
‘Dune Part 3’ Should Move Its Release Date To Avoid ‘Avengers: Doomsday’
Dune Part 3 and Avengers: Doomsday both insist on being released on the same day, December 18, 2026. Dune should move fo…
Business
Hormuz Conflict Damages Persian Gulf Havens
The Iran War has uprooted many assumptions. The end of the illusion of safety for the Gulf States is perhaps most signif…
Business
The U.S. and China are today’s leaders in AI. These countries could be the next-stage champions.
Economists at Bank of America spotlight South Korea and the United Arab Emirates as likely to gain from both the build-o…