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FAA investigating extremely close call between 2 Southwest planes
The Federal Aviation Administration said it's investigating an extremely close call between two Southwest Airlines flights at Nashville International Airport.
Trump's labor secretary resigns amid investigation into misconduct
Labor Secretary Lori Chavez-DeRemer, who was under internal investigation, is leaving her position. She becomes the third cabinet departure of President Trump's second term.(Image credit: Drew Angerer)
Labor Secretary Steps Down Amid Internal Investigation
Lori Chavez-DeRemer, President Trump’s Labor Secretary, was facing multiple scandals and an internal inquiry into charges of misconduct.
FDA's Makary on Trump EO to Ease Access to Psychedelics
FDA Commissioner Dr. Marty Makary discusses President Trump's Executive Order aimed at faster research and access to psychedelics, citing promising research and calling this an 'historic moment.' He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
BMO's McCormick Says It's Still Right to Be Long Dollar
BMO Chief FX Strategist Mark McCormick says the right trade is to be long dollar for now. He speaks on "Bloomberg The Close." (Source: Bloomberg)
Oil jumps after US seizes Iranian ship near Hormuz
Supply risks around the Strait of Hormuz are pushing crude higher, raising fuel costs and economic pressure worldwide Oil prices jumped on Monday after the US seized an Iranian-flagged cargo ship near the Strait of Hormuz, dimming prospects for peace in the war on Iran and raising fresh supply concerns. Both Brent and West Texas Intermediate jumped more than 6%, to above $96 and $88 per barrel, respectively, in the latest swing after weeks of volatile trading. The gains follow...
PRIV Owns High-Grade Private Credit: Apollo's Gosden
Andrew Gosden, partner at Apollo Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the State Street IG Public & Private Credit ETF (ticker: PRIV). The fund has amassed more than $800 million in assets since its launch in February of 2025. (Source: Bloomberg)
RFK’s Peptides Push Helps Boost Hims & Hers Stock 50% In One Week
Hims & Hers Stock Surges 50% In One Week Thanks to RFK Jr.’s Peptide Push
Diplo, Twenty One Pilots Royalties to Back Bonds Sold by Chord
Chord Music Partners, a firm which invests in music rights, is selling $500 million of bonds backed by royalties from artists including Twenty One Pilots, Diplo and Morgan Wallen.
Stock Market’s Rally to Record High Masks Weak Building Blocks
The record-breaking advance in US stocks has many of the hallmarks of an unloved rally, including narrow leadership, low volumes and muted investor sentiment.
Uranium fever: Where is Iran’s stockpile and who could get it?
The fate of the Iranian nuclear program and its highly enriched uranium inventory remain the key obstacles in negotiations with the US Washington and Tehran remain deadlocked over Iran’s nuclear program and its stockpile of highly enriched uranium. Iran has insisted that continuing its nuclear program is its sovereign right, while the US maintains that the program must be abandoned for good and the uranium surrendered. RT looks into the status of Iran’s uranium stockpile...
Is petrodollar starting to crack? How Iran war puts world oil trade at risk
Dubai: The global financial system’s reliance on the US dollar for oil trade is being tested in real time as the Iran war approaches the two-month mark, with a fragile two-week ceasefire window now in focus.What began as a geopolitical shock has evolved into a deeper market shift, forcing investors and policymakers to reassess the durability of the petrodollar system that has underpinned global trade for five decades.Get updated faster and for FREE: Download the Gulf News app now - simply click...
Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor
Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor
Warsh to Focus on Fed's Monetary Independence in Confirmation Hearing
Bloomberg's Stuart Paul said that a preview of prepared remarks from Trump's pick for Fed Chair Kevin Warsh show that he will focus mainly on the Fed's monetary independence in his confirmation hearing Tuesday. Paul described Warsh's view that the fed is responsible for all inflation, even if it is driven up by external forces, as 'shockingly hawkish' but explained that it could stem from the pressure he will face from the White House to deliver rate cuts. (Source: Bloomberg)
Why Brad Jacobs' QXO Is Buying TopBuild in $17 Billion Deal
QXO CEO Brad Jacobs explains why the company is acquiring insulation company TopBuild Corp. for about $17 billion on "Bloomberg The Close." (Source: Bloomberg)
Potential A.J. Brown trade still looms over Eagles, Patriots as NFL Draft approaches
A potential June trade of wide receiver A.J. Brown from the Philadelphia Eagles to the New England Patriots looms over both teams with their offseason programs beginning on Monday and the NFL Draft later this week. NFL executives have said they expect the Patriots to acquire Brown after June 1, when a trade becomes more manageable for the Eagles, The Athletic’s Mike Sando wrote, and those expectations have not changed as the draft nears.Advertisement
Police investigate whether London arson attacks were planned for weeks
Criminals paid on behalf of Iran are believed to be behind attacks against Jewish targets, say detectives Detectives are investigating whether the series of arson attacks in London were planned for weeks with suspects carrying out reconnaissance on the Jewish targets to be firebombed.The series of attacks against synagogues and other Jewish targets, as well as one premises linked to Iranian dissidents, are believed to be carried out by criminals paid on behalf of Iran, police said. Continue read...
Romania Coalition Nears Collapse as Top Party Spurns Premier
Romania’s government has been thrown into turmoil after the top ruling party withdrew its support for Prime Minister Ilie Bolojan, whose own bloc is now rallying to salvage his control of the four-way coalition.
Test Your ETF Knowledge In Our IQ Test
Bloomberg's Joel Weber puts Scarlet Fu, Katie Greifeld, and Eric Balchunas to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test." (Source: Bloomberg)
Europe’s Aviation Sector Faces Imminent Fuel Crunch as Supply Disruptions Deepen
Tetouan – Europe’s aviation industry is confronting the prospect of severe disruption within weeks, as a growing shortage of jet fuel threatens to curtail flights and drive ticket prices sharply higher ahead of the peak summer season. According to Aljazeera, current jet fuel reserves across Europe are only sufficient to cover a limited number of weeks before the continent risks entering a phase of acute shortage. The warning comes amid escalating pressure on global energy markets linked to ongo...