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Stocks Edge Higher at Start of Week of Big Data: Markets Wrap

(Bloomberg) -- Global stocks posted modest gains as traders prepared for a week packed with US data that will shed light on the health of the world’s largest economy and the outlook for Federal Reserve interest rates. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-

Adnoc Gas Sees LNG Usage Rising as First-Timers Enter Market

(Bloomberg) -- Global liquefied natural gas demand is expected to increase further as more countries turn to imports for the first time, Adnoc Gas’ Chief Financial Officer Peter Van Driel said. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway R

S&P and Moody's downgrade JetBlue amid $3 billion debt raise

JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue. Additionally, JetBlue plans to raise $400 million through a convertible notes offering, primarily to refinance existing debt. S&P downgraded JetBlue's ratings from 'B' to 'B-', citing concerns about the airline's financial health.

Small-Cap ETF Loses Billions as Great Stock Rotation Fizzles

(Bloomberg) -- What had been touted as Wall Street’s big rotation into smaller firms sputtered just as quickly as it started. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air PollutionThe same stocks that wer