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Who’s Who in Trump’s New Administration

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(Bloomberg) -- President-elect Donald Trump is stocking his cabinet with people he wants to carry out his “America First” policies on the economy, border,...
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US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts

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(Bloomberg) — Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a...
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Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury

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(Bloomberg) -- President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury...
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Musk Ducks Sanction for Choosing Rocket Launch Over SEC Meeting

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(Bloomberg) -- A judge declined to sanction Elon Musk for skipping a meeting with the US Securities and Exchange Commission...
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Lattice Semiconductor Considers Offer for Intel’s Altera Unit

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(Bloomberg) -- Lattice Semiconductor Corp. is considering making an offer for all of Intel Corp.’s Altera, people familiar with the...
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Mexican Billionaire’s Flagship Set to Tumble as Trading Resumes

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(Bloomberg) -- Trading in Grupo Elektra shares remained stalled Friday as the company’s billionaire owner Ricardo Salinas Pliego fought to...
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Fed’s Bowman Says Regulators Shouldn’t Rush to Contain AI

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(Bloomberg) -- Federal Reserve Governor Michelle Bowman acknowledged the risks created by artificial intelligence but warned that regulators should also...
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Trump Team Prepares to Announce Bessent as Treasury Pick

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(Bloomberg) -- President-elect Donald Trump’s transition team is preparing to announce that he has selected Scott Bessent, who runs macro...
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US CLO Sales Reach Nearly $185 Billion to Surpass Record

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(Bloomberg) -- About $184.7 billion of bonds backed by buyout loans have been issued this year, setting an annual issuance...
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Coatue Alumnus Gilroy, Tech Veteran Rajaram to Start VC Firm

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(Bloomberg) -- Coatue Management alumnus Michael Gilroy and longtime technology executive Gokul Rajaram are forming a venture firm, according to...
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Euro Falls to Lowest Since 2022 as Bets on ECB Rate Cuts Surge

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(Bloomberg) -- The euro fell to the lowest level in two years as traders bet the European Central Bank will...
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Goldman, Morgan Stanley, BofA Ask Buyers of Bank Risk to Disclose Leverage

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(Bloomberg) -- US banks including Goldman Sachs Group Inc., Morgan Stanley and Bank of America Corp. are asking investors to...
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