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Siemens Shares Hit Record as Data Center Boom Drives Orders

(Bloomberg) -- Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers...

Foreign Firms Pull More Money From China’s Slowing Economy

(Bloomberg) -- Foreign companies pulled more money from China last quarter, a sign that some investors are still pessimistic even...

Bank of America CEO Urges Fed to Not Go Too Hard on Rates

(Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan has urged Federal Reserve policymakers to be measured in...

‘The Black Swan’ author is really afraid of what’s happening to the U.S. dollar

Nassim Taleb, who wrote the book The Black Swan about unpredictable events, is worried about the role of the U.S. dollar in global finance.It...

Stocks Edge Lower Ahead of Key US Inflation Data: Markets Wrap

(Bloomberg) -- Stocks retreated Thursday and bond yields inched higher, ahead of US inflation data that could show whether the Federal Reserve will opt...

An Israel-Iran war of attrition will be the new reality for a long time, scholar says

As Israel weighs how to retaliate against Iran's most recent barrage of missiles, the conflict looks like it will persist as the new normal,...

Netflix’s co-CEO shares how a video store job helped launch his career—and this lesson from Tony Bennett

Netflix co-CEO Ted Sarandos explained in a recent interview how he got his start in the entertainment business and revealed a key lesson from...

Goldman, BlackRock Warn Europe’s Stock Rally Faces Tough Hurdles

(Bloomberg) -- European stocks face a series of hurdles to extend their 2024 rally after hitting another record high this week.Most Read from BloombergMoney...

Stocks Rise for Fourth Month on US Easing Hopes: Markets Wrap

(Bloomberg) -- Global stocks are closing in on a fourth month of gains, lifted by hopes of a soft landing for the US economy...

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