Over the last decade or so, a group of America’s wealthiest individuals, largely from the tech industry, became some of the world’s biggest climate champions, pledging billions in highly public campaigns. Jeff Bezos, the founder of Amazon, committed $10 billion of his own money in 2020 to start the Bezos Earth Fund, a charity focused…
(Bloomberg) — Billionaire investor David Tepper ramped up his stake in China-related stocks and exchange-traded funds last quarter, just before the development of DeepSeek reignited a rally in the country’s shares. Most Read from Bloomberg The president and founder of Appaloosa Management LP, who made waves in September with a call to buy “everything” related…
(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg India’s rupee rallied by the most in over two years on suspected strong intervention by the central bank, catching traders…
(Bloomberg) — Grains traders will be watching Tuesday for the latest insights from the US Department of Agriculture’s monthly supply-and-demand estimates. The world’s top gold miners kick off their quarterly earnings season, starting Wednesday with Barrick Gold Corp. And oil’s drop since US President Donald Trump took office carries historical significance. Most Read from Bloomberg…
(Bloomberg) — President Donald Trump’s mercurial approach to his signature tariffs whipsawed markets last week. And investors trying to position their equity portfolios to manage this ongoing uncertainty are finding the playbook from his first term offers little help. Most Read from Bloomberg What hasn’t changed is Trump’s strategy of pledging aggressive levies on trading…
(Bloomberg) — China’s consumer inflation accelerated for the first time since August, caused by a burst of household spending around the Lunar New Year holiday even as deflationary pressures persist. Most Read from Bloomberg The consumer price index rose 0.5% in January from a year earlier, the National Bureau of Statistics said Sunday, compared with…
(Bloomberg) — US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for now. Most Read from Bloomberg Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday and…
(Bloomberg) — Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the US Securities and Exchange Commission, according to information obtained by Bloomberg News. Most Read from Bloomberg Responding to a Freedom of Information Act request, the commission said in a letter Friday that it couldn’t…
(Bloomberg) — Bank of America Corp. strategists expect US stock-market outperformance to continue to fade after a relentless run was halted in the early part of 2025. Most Read from Bloomberg Equity markets including Brazil, Germany, the UK, China and Canada have all yielded higher returns than Wall Street’s S&P 500 year to date, noted…
(Bloomberg) — US equity futures dropped along with stocks in Europe as investors navigate the trade war and a busy slate of earnings from some of the world’s biggest companies. Most Read from Bloomberg Futures on the Nasdaq 100 were down 0.9% as Google parent Alphabet Inc. and Advanced Micro Devices Inc. tumbled in US…