The U.S. warned Russia of “consequences” if jailed opposition leader Alexey Navalny dies, deepening the conflict over the dissident who has already survived an alleged assassination attempt and is now engaged in the third week of a hunger...
Related topics: Russia
Have Chinese State Banks Quietly Bought $180 Billion In Gold?
By Ye Xie, Bloomberg Live commentator and author
Three things we learned last week:
1. U.S. Treasury scrutinizes Chinese state banks for possible hidden currency...
Related topics: Banking, Gold
Weekend:• Schedule for Week of April 18, 2021Monday:• No major economic releases scheduled.From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 10 and DOW futures are down 75 (fair value).Oil prices were up over the last...
Related topics: Cnbc
Bitcoin climbed on Thursday morning
SOPA Images/Getty Images
Bitcoin slipped 10.8% in the 24 hours to Sunday morning.
It was the biggest single-day drop since February, Bloomberg reported.
Reports attributed the drop to speculation the US Treasury...
Related topics: Bitcoin
"The Lord of the Rings: The Return of the King."
New Line Cinema
Amazon's "The Lord of the Rings" video game has been cancelled, Bloomberg reported.
The free-to-play game had been under development with a Chinese partner.
It...
Related topics: Amazon, World Videos
Apollo Joins Exodus To Florida As New York Tax Hike Drives Out Wealthy
The authors of a Bloomberg report claiming the trend of financial services firms moving from New York to Florida was rapidly starting to reverse couldn't have been...
Related topics: Taxes
After Bloomberg Japan reported that the studio had several interested buyers, Square Enix has since given a statement and shot down the rumour. Following the report, Square Enix’s stoke rose a tremendous 13.80% on the Tokyo Stock Exchange,...
Related topics: Japan, Tokyo
"Hillbilly Elegy" author J.D. Vance accused Bloomberg, the Washington Post, and numerous other media outlets of shaping a false narrative about his exit from the board of an agricultural tech company as he contemplates a run for U.S. Senate in Ohio....
Related topics: Senate
The offering would allow the e-commerce giant to better compete with retailers like Wayfair and Best Buy, Bloomberg says.
Related topics: Amazon
An asinine Bloomberg op-ed suggested that maybe it’s best if people who lost energy jobs under President Joe Biden’s eco-extremist agenda don’t get the new green jobs he falsely promised at all.
Bloomberg Opinion Editor Mark Gongloff’s...
Related topics: Joe Biden
Facebook
Twitter
LinkedIn
This Bloomberg headline doesn’t look very promising:
SALT-Cap Repeal Gains Momentum With House Bipartisan Caucus
It”s hard to think of any plausible legislative action that would be worse—a huge...
Related topics: Facebook, Social Media, Caucuses, Taxes
Don’t Fall for the ‘Cash on the Sidelines’ Trope
Money coursing through the economy can impact markets and investor sentiment for the better, just not in the way many think.
Bloomberg, April 12, 2021
I find myself bothered...
Chinese career agencies promise to help students land top-tier internships.
Kena Betancur/Getty Images
Career coaching firms are helping Chinese students secure coveted Wall Street internships and graduate jobs, Bloomberg reported.
Third-party...
Related topics: Banking
AaronP/Bauer-Griffin/GC Images
US retail sales surged 9.8% in March to a record $619.1 billion, the Census Bureau said Thursday.
The leap nearly doubles the median economist estimate of a 5.8% gain from a Bloomberg survey.
Sales were bolstered by...
Related topics: Census, Polls
Don’t Fall for the ‘Cash on the Sidelines’ Trope
Money coursing through the economy can impact markets and investor sentiment for the better, just not in the way many think.
Bloomberg, April 12, 2021
I find myself bothered...
Initial Jobless Claims Crash To Pandemic Lows; There's Just One Thing...
After rising for two straight weeks, initial jobless claims crashed to pandemic lows, back below 600k for the first time since early March 2020...
Source:...
Related topics: Unemployment
Apple announced earlier this week the press event we’ve all been waiting for. The “Spring Loaded” press conference will be a virtual keynote, in line with all of Apple’s media events during the pandemic. Apple is expected to...
The United States is prepared to sanction dozens of Russian individuals and entities and expel as many as 10 Russian officials and diplomats in response to election interference and hacks, people familiar with the matter told Bloomberg News.
The...
Related topics: Joe Biden
Dollar Dumps Amid COIN Carnage, Archegos Angst, & Ignited Inflation
While soaring import and export price inflation was enough to spook some...
Source: Bloomberg
All eyes were on Coinbase's IPO (direct listing). The stock opened at...
Related topics: Inflation, Initial Public Offering
Gerhard Joren/LightRocket via Getty Images
Career consultants in China charge students $12,000 or more to help them get Wall Street jobs.One agency called Wall Street Tequila is said to charge the highest fees, Bloomberg reported.The practice leads...
Related topics: China