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US oil price tumbles in latest bout of market volatility
Donald Trump continues to play up prospect of deal with Iran, saying they are ‘talking sense’ in negotiations with the US
Florida homeowners forced into new insurance company, CBS News investigation finds
A new CBS News investigation revealed that many Florida homeowners have had their home insurance policies transferred out of the state-run insurance program, into dozens of small, private companies, without their consent or input. CBS News national correspondent Ash-har Quraishi reports.
Pop Mart’s Split Investor Outlook Faces Earnings Reckoning
Investors will be looking to Pop Mart International Group Ltd.’s upcoming results for evidence that its strong growth can extend beyond the Labubu-driven boom, amid divided views over its prospects.
Insider tricks to help anyone make £100,000 as a tradesman whatever your age: High earning. In demand. And easier than you think. The expert guide for ANYONE who needs a change
Unemployment rates are rising. Salaries are stagnating. The economy is flatlining - and businesses are turning to AI to cut costs. But there is one sector where work is booming.
Oil Falls, US Stock Futures Climb on Iran Hopes: Markets Wrap
Oil fell and US equity futures climbed as optimism grew over Washington’s efforts to end the nearly month-long Middle East conflict.
Markets 'Vacillating Wildly' on Fed Decision: JPMorgan’s Kay Herr
JPMorgan Asset Management US FGICC CIO Kay Herr discusses traders repricing fed rate cuts amid war uncertainty. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
Fmr. Commerce Sec. Ross: China, Russia Now on Notice Amid Iran
Wilbur Ross, former US Commerce Secretary and Ross Acquisition Corp. Chairman, President and CEO, joins Bloomberg Businessweek Daily to discuss the ongoing war in Iran, saying that as a consequence, "China and Russia are on notice." Ross adds that in his view, the events in Iran so far have gone bet...
Meta told to pay $375m for misleading users over child safety
The owner of Instagram, Facebook and WhatsApp has been found liable by a court in New Mexico.
Oil traders bet $580 million just ahead of Trump's delay in attacks on Iranian energy infrastructure
Market watchers are concerned about potential insider trading due to an unusual surge in oil futures trading on Monday morning, just minutes before President Trump announced he would postpone power plant strikes in Iran. CBS News business analyst Jill Schlesinger joins with more.
Power Equipment Maker Forgent, Holders Offer 30 Million Shares
Forgent Power Solutions Inc. and some of its shareholders are offering to sell 30 million shares in aggregate, less than two months after the electrical equipment company’s initial public offering.
Oil Drops on Reports of US Diplomatic Push to End War With Iran
Oil fell on reports of a US diplomatic push to end the war with Iran, which eclipsed news that more troops would be sent to the region.
Chinese Bonds Are Becoming a De Facto Reserve Asset, Gavekal Says
There is no shortage of investors touting Chinese assets as a haven since the Iran conflict erupted. But Charles Gave and his son Louis-Vincent of Gavekal Research go a step further. They argue that Chinese government bonds are emerging as de facto reserve assets — potentially, at the expense...
Victory Capital Withdraws Bid for Janus Henderson
Victory Capital Holdings has withdrawn its nearly $9 billion proposal to acquire Janus Henderson Group. Loukia Gyftopoulou reports on "Bloomberg The Close." (Source: Bloomberg)
Australia, EU agree new trade pact
Decide to boost defence cooperation, access to rare-earth minerals
Private Credit Storm Lashes Father-Son Duo at Helm of Cliffwater
As investors in private credit funds rush for the exits, Cliffwater has become one of the biggest question marks in the $1.8 trillion industry. The worry isn’t so much that private loans will go bad all at once and crush the funds where Cliffwater has invested. It’s that antsy investors will keep as...
Bond Market Nears ‘Inflection Point’ After War-Related Selloff
A rush by bond traders to unwind US futures positions amid the selloff triggered by war in Iran is running its course, setting the stage for new wagers that will determine whether the rout reverses or deepens.
Between 1973 and 2026, the oil weapon still effectively strikes
When Arab oil ministers gathered in October 1973 and announced an embargo against nations supporting Israel, they unleashed a shock wave that reshaped the global order. Oil prices...
Minnesota officials sue Trump administration over Renee Good, Alex Pretti investigations
Minnesota state and county officials sued the federal government on Tuesday over the investigations into the shootings of Renee Good, Alex Pretti and Julio Cesar Sosa-Celis by federal agents. CBS News Minnesota's Jonah Kaplan has the details.
BHP Sees Potash Heading Toward Deficit as Demand Outpaces Supply
BHP Group, the world’s largest mining company, expects the global potash market to tighten over the next decade as demand grows and geopolitical risks strain fertilizer supply chains.
EU shelves Russian oil ban as Iran war rattles energy markets
The EU has reportedly delayed plans for a complete ban on Russian oil imports amid the turmoil in global energy markets Read Full Article at RT.com