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News
Oil Jumps at Week’s Open as US Military Hits Iranian Launchers
2+ hour, 38+ min ago (328+ words) (Bloomberg) -- Oil surged after fresh fighting flared up in the Strait of Hormuz, highlighting risks to flows from the Middle East after months of conflict. Reliance-Owned Firm Buys Lutyens Bungalow For $37 Million Forget GLP-1 Stocks, Baldness Drugs Are Wall Street's…...
Feminism didn't kill the male breadwinner model, the economy did
1+ week, 2+ day ago (399+ words) The discourse around young men's place in the world is frustrating. On the one hand, the idea that men may genuinely be having a harder time of it is often summarily dismissed. On the other, for many young men, the…...
The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers' Favor
2+ week, 3+ day ago (746+ words) Redfin reports sellers outnumbered buyers by 51% in July—just shy of December's record high—giving buyers more negotiating power Nearly 80% of major U.S. metros are now buyer's markets, led by Miami, Nashville and a trio of Texas cities SEATTLE,…...
US Set to Pay Most for 30-Year Debt in Quarter of a Century
2+ week, 3+ day ago (827+ words) (Bloomberg) -- The US government is about to sell 30-year bonds at the highest interest rate in a quarter of a century, after a historic selloff that has stirred speculation the nation will tilt borrowing further toward short-dated maturities. Walter Sells…...
California calls Paramount's threat to leave state 'blackmail"
2+ week, 4+ day ago (394+ words) California accused Paramount of "blackmail" on Tuesday over a reported threat to pull the company out of the state because of lawsuits aimed at stopping its mega-merger with Warner Bros. A dozen US states have launched legal action to block…...
Coffee Drinkers Pay $32 for a Single Cup and a Side of Luxury
3+ week, 2+ day ago (689+ words) (Bloomberg) -- A luxury chain setting up shops across Manhattan is betting customers from Los Angeles to Chicago will be willing to pay $32 for an 8-ounce cup of coffee. OpenAI's New Device Will Be Hockey Puck-Sized and Cost Over $300 Iran Wants…...
From Milk to Snack Foods, More Products Are Going 'Regenerative"
3+ week, 2+ day ago (903+ words) (Bloomberg) -- When Michael Ham first began handing out samples of his company's tea to Whole Foods shoppers in 2024, explaining that it was grown using regenerative farming on South Korea's Jeju Island, he was often met with blank stares. OpenAI's New…...
‘Sell America’ Debate Re-Emerges as US Policies Sow Some Doubts
3+ week, 3+ day ago (1168+ words) (Bloomberg) -- Global bond and currency investors are debating if it's time to dust off last year's 'Sell America' trade after a flurry of economic-policy decisions out of Washington over the past two weeks. Iran Says Agreement on Hormuz Shipping Reached…...
Big Tech Needs to Justify AI Spending as Investors Dump Stocks
1+ mon, 1+ week ago (932+ words) (Bloomberg) -- After last week's wipeout in chips and the broader selloff in technology stocks, pressure is building for the biggest spenders on artificial intelligence to justify their expenditures to beleaguered traders with increasingly itchy fingers hovering over their sell buttons....
Russia’s Elite Are Moving Billions Beyond Putin’s Wartime Grasp
1+ mon, 2+ week ago (755+ words) (Bloomberg) -- Several of Russia's richest people including some close to President Vladimir Putin have moved billions of dollars abroad in the past year after growing concerned about the country's economy and the government budget. Thailand Scraps Plan to End Visa-Free…...