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Visa’s ‘Tap In’ Campaign Turns The World Cup Into A Checkout Line
BusinessSportsMoneyVisa’s ‘Tap In’ Campaign Turns The World Cup Into A Checkout LineByClemente Lisi,Contributor.Follow AuthorMay 18, 2026, 03:21pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.08 December 2023, Lower Saxony, Hanover: A VISA debit card lies next to a reader at a press conference in Hanover City Hall. Refugees without a German bank account will in future receive a debit card in Hanover to pay without cash....
Katayama Signals Care for Bond Market in Compiling Extra Budget
Japan’s Finance Minister Satsuki Katayama indicated she will take into account the bond market as the government considers how to fund new spending to address the adverse impacts of Middle East conflict on the economy.
$7,500 CD vs. $7,500 high-yield savings account vs. $7,500 money market account: Which will earn more now?
MoneyWatch: Managing Your Money $7,500 CD vs. $7,500 high-yield savings account vs. $7,500 money market account: Which will earn more now? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Ma...
Prediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ label
Kalshi announces two-year investment to National Council on Problem Gambling ‘focused on trader health and safety’The prediction market Kalshi, which maintains it is not a gambling platform, has announced plans to give $2m to the National Council on Problem Gambling (NCPG) as it continues to ride a nationwide surge.While prediction markets allow users to bet – or “trade” – on the outcome of almost anything, from elections to sports to geopolitical events, the industry has vehemently fought effor...
Believer in International Diversification: Kellert
Kathy Kellert, head of index equity product at Vanguard, joins Scarlet Fu on "Bloomberg ETF IQ." They discuss the recently launched Vanguard Developed Markets ex-US Value Index ETF (ticker: VDV) and Vanguard Developed Markets ex-US Growth Index ETF (ticker: VDG). (Source: Bloomberg)
Some Buyer Fatigue Credit: Matt Brill
Matt Brill, head of North American investment grade credit at Invesco, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss high-grade credit, inflation's impact on fixed income, and the Invesco Total Return Bond ETF (Ticker: GTO). (Source: Bloomberg)
Brightline Senior Bonds May Recover Just 44 Cents: CreditSights
Investors holding Brightline Florida’s $2.2 billion of senior bonds could get as little as 44 cents on the dollar in a bankruptcy or restructuring, according to CreditSights. Holders of lower ranked debt could be wiped out in a worst-case scenario.
Global Bond Sell Off Hits Markets, JPMorgan's Tokenized Fund Filing | ETF IQ 5/18/2026
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Invesco head of North America Investment Grade Credit Matt Brill, SS&C Alps Advisors Head of Fund Sales and Strategy Paul Baiocchi, and Vanguard Head of Index Equity Product Kathy Kellert. (Source: Bloomberg)
Biggest ever UK trade mission to US amid political crisis and Iran tensions
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Delta to Prioritize Global Expansion Over Domestic Transactions
Delta Air Lines Inc. Chief Executive Officer Ed Bastian said he’ll sit out consolidation in the US aviation market and instead focus on expanding abroad through partnerships, even as high fuel prices and a transaction-minded administration stand to shake up the domestic industry.
Stock Rally Falters as Investors Eye Inflation | Open Interest 5/18/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks fall as bond yields stay near multiyear highs. NextEra strikes the biggest power deal ever, SpaceX’s mega IPO fuels Wall Street FOMO, and Nvidia nears a potential $6 trillion inflection point. Plus, MIAX CEO Thomas Gallagher and Ramaco CEO Randall Atkins joined Bloomberg Open Interest with a deep dive into AI power demand, retail futures, and America’s rare earths race. (Source: Bloomberg...
NPR trims jobs in newsroom overhaul as it confronts era without public funding
NPR is offering buyouts to journalists as it overhauls its newsroom, with the threat of layoffs to follow. Two recent gifts totaling $113 million are primarily dedicated to NPR's tech infrastructure.(Image credit: Bloomberg via Getty Images)
Vanguard Favors Treasuries as 10-Year Yields Near Range Top
Vanguard Group Inc., one of the world’s largest money managers, is sticking with its bet on US Treasuries, saying yields in the $31 trillion market are near the top of its expected range for 10-year notes.
NextEra’s Mega-Utility Deal Will Shore Up Its Credit Profile
NextEra Energy Inc.’s $67 billion bid for Dominion Energy Inc. won’t just create an energy giant stretching from Florida to Virginia, it’s also helping the power firm shore up its credit standing in the eyes of rating companies.
Halifax could disappear from UK high streets as Lloyds assesses branding strategy
Bank founded 174 years ago could be phased out as early as 1 July as part of group’s reviewBosses at Lloyds Banking Group are considering axing the Halifax as a standalone brand, as part of a sweeping review that could result in the historic 174-year-old lender disappearing from Britain’s high streets.Lloyds has been assessing the future of its branding strategy and whether it will continue to operate everyday banking under three different brands – Lloyds, Halifax and Bank of Scotland – after go...
Billionaire Gautam Adani’s Fraud Charges Dropped By Justice Department
BreakingBusinessBreaking NewsBillionaire Gautam Adani’s Fraud Charges Dropped By Justice DepartmentByZachary Folk,Forbes Staff. I cover breaking news.Follow AuthorMay 18, 2026, 01:36pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe Justice Department officially moved to drop its fraud case against Indian billionaire Gautam Adani, according to a Monday federal court filing, ending a years-long prosecution for al...
Oil stockpiles 'declining rapidly', head of International Energy Agency warns
The world should brace for hikes in food prices with oil stockpiles “declining rapidly”, the head of the International Energy Agency says. Fatih Birol warned stored supplies of oil were falling, with inflation a possible outcome. Speaking at the G7 meeting of finance ministers in Paris, Mr Birol said there were still “several weeks” left in the stockpiles. But these were shrinking rapidly as a result of the Iran War and the blocking of the Strait of Hormuz. TRENDING Stories Videos Your Say...
Affordability checks in gambling need a rethink when even proponents are calling for pause
Gambling Commission set to rubber-stamp new regulations which could inflict irreparable damage on the racing industryJames Noyes, one of the initial proponents of affordability checks for gamblers, has issued an urgent call for a pause in their implementation. Stuart Andrew MP, the gambling minister in the last government and also a former supporter of checks, agrees with him. The British Horseracing Authority has suggested that implementation could cost the industry £250m annually in revenue as...
Texas Fund Revealed as Record Backer of State Street Credit ETF
The identity of an investor that dramatically boosted assets in State Street Corp.’s private credit ETF has been revealed as a $60 billion sovereign wealth fund that provides funding to Texas public schools.
Andy Burnham’s change in tack on fiscal rules and bond markets is understandable
Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investorsUK politics live – latest updatesAndy Burnham has always faced a narrow path to replace Keir Starmer as prime minister: a tricky byelection, a leadership contest that is yet to be declared, and a far from constructive bond market backdrop.In making his pitch, assuaging City investors in particular has led the Greater Manchester mayor to dance on a pin. Continue reading...