Enlarge / If the Trump administration has its way, these logos will be scarce inside the US in a few weeks. (credit: Ivan Abreu | Bloomberg | Getty Images)
The White House's campaign against the China-based developers of popular apps escalated...
Related topics: Wechat, White House, China
Convexity Gives Gold Bulls One More Reason To Buy
Tyler Durden
Fri, 08/07/2020 - 13:15
By Ven Ram, currency and rates strategist for Bloomberg’s Markets Live
Gold already boasts several qualities that enhance its allure: a...
Related topics: Gold
Why Markets Don’t Seem to Care If the Economy Stinks
So many of the most battered industries don’t matter much because of the way stock indexes are structured.
Bloomberg, August 4, 2020
The stock market has been on a tear,...
With expensive data and tech heavy hitters, Hawkfish is backing the former mayor's promise to take on Donald Trump.
Related topics: Donald Trump
Facebook CEO Mark Zuckerberg's net worth just passed the $100 billion mark.
Zuckerberg, Amazon CEO Jeff Bezos, and Microsoft cofounder Bill Gates are now the only three people in the world to be worth at least $100 billion, per Bloomberg.
The...
Related topics: Facebook, Social Media, Mark Zuckerberg, Amazon, Jeff Bezos, Microsoft (MSFT), Bill Gates
Even the left is beginning to understand the danger of the Chinese-owned app Tik Tok after months of concern.
Bloomberg news reported on July 27 that the Biden campaign sent a memo to staffers, telling them to delete the app from both their work...
Related topics: Joe Biden, China
The U.S. has jumped into the top 25 countries on the annual Bloomberg Misery Index, which looks at unemployment and inflation numbers to forecast how miserable the citizens of 60 different nations are.Bloomberg reported Thursday that the U.S. went...
Related topics: Unemployment, Inflation
“A few years ago, Stephen Schwarzman was just the latest deep pocket on Wall Street to open up to Donald Trump. Right now, he’s the biggest one left,” Bloomberg reports.
“Donations to Trump’s 2020 campaign from the most elite...
Related topics: Donald Trump
Former Treasury Secretary Lawrence Summers, an adviser to Democratic presidential candidate Joe Biden, says he won’t be joining the Biden administration if the former vice president defeats President Trump in November, Bloomberg reports.
Said...
Related topics: Joe Biden
The Open Trap Door Under Real Yields Rings Many Alarms
Tyler Durden
Thu, 08/06/2020 - 11:45
By Laura Cooper, market strategist at Bloomberg
With no imminent end to collapsing real yields - which just hit a new record low...
Talking Rates in the Maine Woods With Economists Over Good Wine
Taking place right before the Jackson Hole Economic Symposium, the gathering is a chance for money managers, traders, and economists to discuss crucial issues without...
Even though it’s had its operating license revoked in London, England, Uber is still intent on burrowing its way into as many other corners of the country as it can. Bloomberg’s Katharine Gemmell reports that the ride-hailing company has bought...
Related topics: United Kingdom, London
That is the topic of my latest Bloomberg column, here is part of the closing bit:
Where does all this leave U.S. China policy? As a rule of thumb: If it is of clear and limited scope and can be conducted technocratically, and can avoid both excess...
Related topics: China
Liberal business outlets elevating Chinese state media’s attack on the U.S. over the data-harvesting Chinese app TikTok is a disgusting example of their anti-American bent.
CNBC and Bloomberg News both ran stories giving a platform to Chinese...
Related topics: Cnbc, China
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ProShares Ultra Bloomberg Natural Gas (BOIL): ETF Research Reports iPath Series B...
Ancestry.com users may feel skittish that their personal DNA information has a new owner.
Genealogy and DNA-testing behemoth Ancestry.com is selling 75% of itself to alternative asset manager Blackstone Group, according to a report from Bloomberg....
Bonds & Bullion Bid To New Records As Stocks See-Saw On Stimulus Scares
Tyler Durden
Tue, 08/04/2020 - 16:01
Spot Gold prices settled above $2,000 for the first time in history today...
Source: Bloomberg
After a series of...
Related topics: Gold
Sony is expected to make a significant PS5 announcement this month, according to a PlayStation official speaking to Bloomberg following the company's earnings call.
Sony already announced that it will hold a State of Play event to talk about PS4, PS...
Related topics: Sony, Playstation
Enlarge / FCC Commissioner Michael O'Rielly speaks during an FCC meeting in Washington, DC, on November 16, 2017. (credit: Getty Images | Bloomberg)
The White House yesterday withdrew its re-nomination of Federal Communications Commission member...
Related topics: Michael Bloomberg, White House
"Disconnects" Everywhere...
Tyler Durden
Tue, 08/04/2020 - 10:15
Authored by Richard Breslow via Bloomberg,
For years the disconnect between financial market performance and what’s happening in the “real” world has been...