Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations over the Straits Times Index’s 15% gain so far this year are likely to be overshadowed by doubts about what lies ahead.
On this episode of Wall Street Week, we look at a $105 trillion inheritance wave that is likely to concentrate the dynamics of wealth, the erosion of statistical data in the US, and the balance between regulating competition and fostering innovation in the European Union. We also explore the state of civics with Centerview Partners Senior Counselor Richard Haass. (Source: Bloomberg)
Venture Global Inc., one of the biggest suppliers of liquefied natural gas in the US, filed for what could be one of the largest initial public offerings of 2025.
Party City Holdco Inc. plunged into bankruptcy for the second time in two years and said it will begin to wind down its approximately 700 stores after sales faltered under the yoke of stubborn inflation.
Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on "Bloomberg Technology." (Source: Bloomberg)
President Luiz Inacio Lula da Silva’s austerity plan was approved by Brazil’s congress with changes that will reduce its potential savings by just 1 billion reais ($164 million), far less than feared, according to the nation’s finance chief.
Tai Mo Shan Ltd., part of Jump Trading’s crypto unit, agreed to pay $123 million to settle a US regulator’s claims it misled investors about the stability of the failed TerraUSD algorithmic stablecoin.
Bloomberg's Nabila Ahmed and Jeff Green dive into why large companies have stopped the push to hire Black workers and the larger backlash against DEI initiatives. (Source: Bloomberg)
Party City Holdco Inc. will shut down and lay off its employees just 14 months after the company exited bankruptcy under a plan that had been designed to ensure the retailer’s long-term survival.
House Speaker Mike Johnson strategized Friday morning with lieutenants and Democrats on how to rush a spending bill through the chamber ahead of a midnight US government shutdown deadline after legislation backed by President-elect Donald Trump failed Thursday. (Source: Bloomberg)
Nippon Steel Corp. alleges the White House had undue influence over a national security review of the Japanese company’s $14.9 billion bid for United States Steel Corp. and threatened legal action if the deal is blocked, Reuters reported.
Apollo Global Management Inc. aims to raise more than $5 billion for a fund that invests in deals the firm originates in its high-grade capital solutions business.
Amazon.com Inc. workers at the company’s sole unionized warehouse in the US are planning to join a broader strike by the International Brotherhood of Teamsters.
The dollar is headed for its best quarter since 2022, with the currency climbing to a two-year high this week as a resilient US economy and a hawkish Federal Reserve outlook have bolstered its appeal.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Alex Petrone, Rockefeller Asset Management, Paul Keary, Teneo, Raghuram Rajan, University of Chicago, David Katz, Jefferies, Nancy Tengler, Laffer Tengler Investments, Mark Lehmann, Citizens JMP Securities, Jack Fitzpatrick, Bloomberg Government, Nabila Ahmed, Bloomberg News, Bryan Johnson, Blueprint, Jessica Schaefer, Lushi. (Source: Bloomberg)
