News

Stocks Slide as Economic Angst Brews Amid Shutdown: Markets Wrap

The final stretch of a risk-off week saw stocks hit by a tech rout as worries about weakening in key areas of the economy lifted bonds. Crypto bounced after a plunge that left the asset class barely up for 2025.

Fed’s December Rate Decision Won’t Come Easy, Even if Shutdown Ends Soon

Federal Reserve officials had to make their latest interest-rate decision without key economic statistics thanks to the US government shutdown. The data they will receive when the government reopens probably won’t make the next decision any easier.

Crypto Bear Market Wipes Out Almost Entire 2025 Value Gain

It took just over a month for cryptocurrencies to erase almost all of this year’s market value gains.

Oil Pares Weekly Loss Against Backdrop of Sanctions and Surplus

Oil rose, paring a second weekly loss, as the market continued to weigh the threat to output from sanctions on Russia against a looming oversupply.

CarMax Analysts Throw in the Towel as Road Ahead Gets Murkier

CarMax Inc.’s disastrous quarterly numbers prompted at least five Wall Street firms to lower their ratings on the stock as the used-car retailer faces long-term challenges and uncertainties.

Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex Corp.’s top executive says the alternative asset manager is open to making further large bets on insurance companies following its move to team up with American International Group Inc. on a major deal.

US Treasuries Stall as Conflicting Jobs Data Cloud Fed Outlook

Treasury market bulls and bears fought to a draw this week as conflicting private-sector data on the health of the US labor market left expectations for another Federal Reserve interest-rate cut in December in limbo.

Petrobras’s Top Oil Field to Start Next Platform in December

Petrobras will continue expanding production at the world’s biggest oil field this year while avoiding cost inflation as it advances deep-water projects.

Trump Media Stock Slump Deepens as Election Bump Erased, Losses Mount

Less than one year into Donald Trump’s second term and the post-election ebullience has evaporated from shares of his social media company as sales stagnate and profitability remains elusive.

Peru’s Central Bank Is Buying Dollars Again After Sol Rallies 11%

Peru’s central bank has stepped into the currency market, buying dollars for the first time in five years after a rally in the sol pushed it to levels not seen since 2020.

Colombia’s ‘Cowboy’ Bond Chief Engineers Rally Loaded With Risks

Javier Cuellar, who arrived at the Finance Ministry in July as an unknown to traders on Wall Street, has quickly turned into one of the most recognizable names in Latin American debt markets.

Stock Movers: Sweetgreen, Expedia, Wendy's (Podcast)

Source: Bloomberg, 3:45

Trump Media Stock Slump Deepens as Election Bump Erased, Losses Mount

Less than one year into Donald Trump’s second term and the post-election ebullience has evaporated from shares of his social media company as sales stagnate and profitability remains elusive.

Hedge Funds Ramp Up Crypto Use After Trump’s Regulatory Push

President Donald Trump’s friendly embrace is doing what bull markets alone couldn’t: Pulling mainstream hedge funds deeper into crypto after years of resistance.

Bitcoin Traders See More Peril After $300 Billion Crypto Selloff

Bitcoin is headed for what could be its worst week since early March, with few signs that investors are getting ready to buy the dip after a rout that erased about $300 billion of digital-asset market value.

Ripple President Long Says ‘No Plan, No Timeline’ for an IPO

Ripple, the crypto-focused financial technology firm, doesn’t have any immediate plans to join the scores of digital asset companies that have recently gone public or expressed aspirations to do so in the near future.

Draftkings CEO Jason Robins on Sports-Betting Partnership with Disney

DraftKings CEO Talks ESPN Partnership, Prediction Market

Bloomberg Surveillance 11/7/2025

Japan’s ‘Zombie’ Companies Begin to Disappear in Sign of Renewal

Japan Needs Foreign Workers. Its Far Right Is Turning Against Them

Private Equity Giants Size Up a Fresh Market in Japan

The Business Traveler’s Guide to Tokyo

Pacifist Japan Starts Investing in Defense Startups

Lots More on the Worsening State of the US Labor Market

Dmitry Shevelenko on Perplexity's Vision for Reshaping the Internet

San Francisco’s New Mayor on Homelessness, Unaffordability, and AI

How Hudson River Trading Actually Uses AI

Why ‘Payment-In-Kind’ Debt Is So Appealing — and Risky

When private equity firms buy up target companies, they rely on one major source of financial firepower — debt, and lots of it. But what happens when the interest on that debt jumps? For some, the answer is simple: Pay it later.

What Is Impact Investing? How Is It Different From ESG?

If global finance is turning away from ethical investing strategies in the “anti-woke” era, at least one corner of the industry didn’t get the memo.

SPACs Are Booming Again. Here’s How They Work.

SPACs, the speculative investment vehicles that surged in popularity five years ago, are having a revival. SPACs, or special purpose acquisition companies, are shell companies with no underlying business that promise to buy other companies with money raised from investors.

Why Is the Philippine Peso So Weak and Who Benefits?

The Philippine peso fell to its weakest level ever against the US dollar in late October. While it’s since regained some ground, officials have signaled a tolerance for further depreciation and traders are keeping a close watch for any signs of central bank intervention.

CarMax Analysts Throw in the Towel as Road Ahead Gets Murkier

CarMax Inc.’s disastrous quarterly numbers prompted at least five Wall Street firms to lower their ratings on the stock as the used-car retailer faces long-term challenges and uncertainties.

Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex Corp.’s top executive says the alternative asset manager is open to making further large bets on insurance companies following its move to team up with American International Group Inc. on a major deal.

US Treasuries Stall as Conflicting Jobs Data Cloud Fed Outlook

Treasury market bulls and bears fought to a draw this week as conflicting private-sector data on the health of the US labor market left expectations for another Federal Reserve interest-rate cut in December in limbo.

Petrobras’s Top Oil Field to Start Next Platform in December

Petrobras will continue expanding production at the world’s biggest oil field this year while avoiding cost inflation as it advances deep-water projects.

Trump Media Stock Slump Deepens as Election Bump Erased, Losses Mount

Less than one year into Donald Trump’s second term and the post-election ebullience has evaporated from shares of his social media company as sales stagnate and profitability remains elusive.

Peru’s Central Bank Is Buying Dollars Again After Sol Rallies 11%

Peru’s central bank has stepped into the currency market, buying dollars for the first time in five years after a rally in the sol pushed it to levels not seen since 2020.