Economy
Dimensional Grafts Vanguard’s Tax-Busting Model Onto Mutual Fund
Dimensional Fund Advisors is becoming the first asset manager to launch an ETF share class of a mutual fund since Vanguard's patent on the model expired nearly three years ago. Joel Schneider, deputy head of portfolio management for North America at Dimensional, joins Katie Greifeld, Scarlet Fu, and
Economy
JPMorgan Offers Clients a New Way to Hedge AI Debt Risk
JPMorgan Chase & Co. is offering clients a new way to bet against the debt of five hyperscalers, as investors seek more-liquid hedges amid an unprecedented borrowing spree to finance artificial-intelligence infrastructure.
Economy
Paul Sankey on Iran War, Hormuz Risks and Energy Price Spike
Sankey Research President and Oliver Wyman Oil and Gas Adviser Paul Sankey discusses energy prices and the risks of a Strait of Hormuz disruption amid the Iran war with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Pfizer to seek FDA approval for Lyme disease vaccine candidate despite trial miss
Lyme disease is an illness caused by bacteria most commonly spread to humans from ticks. It can cause arthritis, muscle weakness and pain.
Economy
Trump Says US Is Having 'Really Good' Talks With Iran
President Donald Trump says the US is having really good talks with Iran. He said Iran's bragging about getting a nuclear weapon made him nervous. He speaks at an event in Memphis, Tennessee. (Source: Bloomberg)
Volume in stock and oil futures surged minutes before Trump's market-turning post
The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.
ICE deployed to some U.S. airports as long security lines persist during partial shutdown
The Trump administration said it plans to send ICE officers to help ease airport congestion amid TSA officer absences as they face second missed full paycheck.
Fed's Goolsbee says he's worried about inflation in 'fraught but intense' climate
In a CNBC interview, the central banker said policymaking is difficult in the current environment.
Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants
Toyota on Monday announced $1 billion in investments in two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years.
Synopsys shares rally as activist Elliott builds multibillion-dollar stake in chip design firm
Elliott did not disclose the exact value of its investment, but described Synopsys as "essential to the global chip industry."
BTS comeback draws a smaller crowd than hoped, hitting parent company Hybe's shares
Shares in Hybe, the parent company of South Korean boyband BTS, fell 15% on Monday as their much-anticipated comeback drew a smaller crowd than expected.
Trump tells CNBC 'we are very intent on making a deal' with Iran
U.S. President Donald Trump on Monday said he would order the military to postpone strikes on Iran's power plants and energy infrastructure for five days.
Economy
JPMorgan Kicks Off $8 Billion Junk-Bond Sale for EA Buyout
Banks led by JPMorgan Chase & Co. have kicked off an $8 billion junk-bond sale to fund the record leveraged buyout of video game maker Electronic Arts Inc., again shifting around the debt mix for the deal to navigate fluctuating risk appetite.
BlackRock’s Larry Fink warns against market timing, says missing best days can halve returns
BlackRock CEO Larry Fink said staying invested through periods of turmoil has historically delivered far stronger returns.
Economy
US Bonds Are Whipsawed as Trump Iran Comments Halt Slide
US Treasuries were whipsawed on Monday, recovering from earlier losses to stage gains in a volatile trading session after President Donald Trump eased his threats against Iran and oil prices fell.
More than 40 Middle East energy assets ‘severely damaged,’ IEA chief says
The IEA’s Fatih Birol warned that damage to energy infrastructure across the Middle East would take some time to repair.
Economy
Emerging Market Assets Rebound as Trump Cites Talks With Iran
Emerging-market currencies jumped and equities pared earlier losses after US President Donald Trump said the US has held talks with Iran and suspended any further airstrikes for five days, sending oil prices tumbling.
Economy
Copper Jumps as Trump Postpones Strikes on Iranian Energy Assets
Copper climbed after President Donald Trump said the US will postpone planned strikes on Iranian energy infrastructure for five days following the start of talks with Tehran about ending hostilities.
Economy
Stocks Rise, Oil Falls as Trump Eases Iran Threats: Markets Wrap
A possible de-escalation in the Middle East conflict rippled through markets, with oil falling and stocks rising as President Donald Trump said he’d postpone strikes on Iranian energy infrastructure after what he described as productive talks toward ending hostilities.
Westerners are fleeing their countries in record numbers
This will have economic consequences for the places they leave and their destinations