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Power Shifts Toward UK Workers After Wage Squeeze on Profits

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(Bloomberg) -- British workers are getting a bigger slice of the economic pie than before the pandemic, signaling a shift...
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Saudis Resist Restating Fossil Fuel Transition Pledge at COP29

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(Bloomberg) -- A fight is building at the United Nations climate talks over whether countries should recommit to last year’s...
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Bessent, Lutnick in Final Push for Trump Treasury Secretary Pick

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(Bloomberg) -- Billionaire Elon Musk voiced support for Howard Lutnick in the race to be President-elect Donald Trump’s next Treasury...
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Trump Chooses Oil Fracking Boss Wright as Energy Secretary

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(Bloomberg) -- President-elect Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to...
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UK Inflation Hiccup May Buttress Case for BOE Caution

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(Bloomberg) -- UK inflation probably surged back above the Bank of England’s target in October, reinforcing the case for policymakers...
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Concerns About Credit Risk in SRTs Are Growing

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(Bloomberg) -- Market participants are growing increasingly concerned about the credit risk from significant risk transfers, a type of capital...
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MicroStrategy’s $26 Billion Bitcoin Cache Is Larger Than IBM, Nike Cash Holdings

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(Bloomberg) -- Michael Saylor’s unorthodox decision to hold Bitcoin instead of cash on MicroStrategy Inc.’s books has vaulted the once...
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TikTok Parent ByteDance Valued at About $300 Billion, WSJ Says

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(Bloomberg) -- TikTok parent ByteDance Ltd. is valuing itself around $300 billion, one of the highest valuations ever for the...
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Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich

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(Bloomberg) -- A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the...
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Souring S&P 500 Profit Outlook a Bad Sign for Stock Market Rally

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(Bloomberg) -- Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year,...
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Ireland’s Outlook Raised to Positive by S&P on Tax Receipts

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(Bloomberg) -- S&P Global Ratings put a positive outlook on Ireland’s credit rating, underscoring just how robust the country’s finances...
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From Boardroom Brawls to IPO Ready: Inside Klarna’s Wild Year

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(Bloomberg) -- At times, the boardroom drama inside Klarna Group Plc this year felt like a soap opera.It turns out, it could be one:...
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