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Cryptocurrencies aiding Iran during war
London: Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows. Experts say they are being used to circumvent sanctions placed on Iran’s Revolutionary Guards as well as a financial safe haven by civilians hit by soaring inflation. AFP examines how exactly...
Miran Says Reducing Fed Balance Sheet Could Take Years
Federal Reserve Governor Stephen Miran says the Fed can shrink its balance sheet meaningfully from current levels but cautioned the process would likely take years and require several steps. He speaks during an event at the Economic Club of Miami. (Source: Bloomberg)
Oil drops as Trump pauses Iran strikes
Oil prices fell Friday after Donald Trump again pushed back a deadline for Iran to reopen the Strait of Hormuz, though most equities also dropped as traders shrugged at the news following a series of conflicting messaging from the White House. The US president had warned last Saturday he would oblit...
Chris Sununu says "we are disincentivizing" people from joining airline industry
President Trump is urging Republicans to move forward with a bill to end the partial government shutdown without support from Democrats to get airport security lines moving. Shawna Mizelle reports from George Bush Intercontinental Airport in Houston. Then, Chris Sununu, president and CEO of Airlines...
No shortage of oil and gas, won't impose curbs: Govt
The government has ruled out restrictions on petrol and diesel sales, assuring citizens of ample oil and gas availability and robust import arrangements. Despite global fuel use curbs and misinformation-driven queues, India's petroleum and LPG supply remains secure and under control, with reserves...
Trump Extends Energy-Attack Ceasefire, Market Volatility, Health Care Costs | The Close 3/26/2026
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 Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business...
Fed's Cook Says Inflation More of a Risk Now Due to War
Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)
Treasury to place Trump’s signature on paper currency to mark US 250th anniversary
Trump's signature will appear on U.S. dollar bills, the Treasury said, marking the first time in 165 years a president's name will appear on currency.
Fewer flights, no fare caps: Domestic airfares set to soar
Domestic air travel is poised for a significant price increase this summer, mirroring international flight costs. A 12% reduction in weekly domestic flights, coupled with the removal of fare caps and anticipated Aviation Turbine Fuel hikes, will drive up ticket prices. Only financially robust airlin...
Kentucky mother, daughter turn down $26 million offer for their land: "It's priceless"
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
Gold Lower on Mixed Signals Over Potential Iran Ceasefire
Gold fell after US President Donald Trump sent mixed signals on whether the US and Iran could reach a deal to halt the nearly month-long war, further roiling global markets. Bullion fell as much as 3.4% Thursday, but trimmed some losses after Trump said he is extending the pause of strikes on Iran’s...
Mortgage Rates Jump to 6.38% as War Rattles Housing Market
US mortgage rates jumped for a fourth straight week, reaching the highest point in six months and dampening prospects for the crucial spring season as the Iran war roils markets. The average rate for 30-year, fixed loans climbed to 6.38%, the highest since September 2025 and up from 6.22% last week,...
NY Comptroller Sees Finance as Big Contributor to City and State
New York State Comptroller Thomas DiNapoli discusses the Wall Street bonus pool for 2025, attributing the rise to a surge in trading revenue. He speaks with Katie Greifeld and Bailey Lipschultz on "Bloomberg The Close." (Source: Bloomberg)
Trapped in Private Credit, Investors Wait to Pull Out $5 Billion
A wave of redemption requests across the private credit industry has left more than $4.6 billion of investor capital trapped behind withdrawal limits, with more asset managers expected to impose curbs in the coming weeks. Investors have looked to pull roughly $13 billion from over a dozen funds so f...
Swaps Helped Senegal Raise $1.3 Billion Despite Debt Concerns
Senegal raised 721 billion CFA francs ($1.3 billion) using derivatives to secure cheaper foreign-currency loans last year at a time when worries about its debt effectively closed international market access.
Stocks Selloff Amid Iran Ceasefire Doubts | Closing Bell
Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. Doubts that a ceasefire between the US and Iran may materialize any time soon sent stocks and bonds lower...
Road Transport Professionals Receive Government Aid to Offset Fuel Price Hikes
Morocco’s Government Council, chaired Thursday by Head of Government Aziz Akhannouch, approved a series of legislative and regulatory measures The post Road Transport Professionals Receive Government Aid to Offset Fuel Price Hikes appeared first on Morocco World News.
US markets see biggest slump since start of US-Israel war on Iran
Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territorySign up for the Breaking News US email to get newsletter alerts in your inboxUS markets saw their biggest slump since the start of the US-Israel war with Iran on Thursday as Donald Trump said the confl...
New research shows which jobs, regions most at risk from AI
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Judge Defers Ruling on Multi-Color Chapter 11 Loan ‘Roll-Up’
A federal judge said he would let label-maker Multi-Color Corp. draw the rest of its $250 million Chapter 11 loan, but stopped short of approving a contested feature of the financing that would push some existing debt to the top of the repayment line.