The markets hate Trump's trade war — but he threatened Canada again
President Donald Trump announced tariffs on steel and aluminum coming from Canada by 25%, but the administration later walked them back.
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Fink, Wall Street’s Ultimate Key Man, Holds Tight to BlackRock
(Bloomberg) -- Around his 71st birthday, Larry Fink began to blue-sky about the future.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionWhat would it take, the billionaire mused with associates, to really grow the f
Ghana’s New Government Vows to ‘Fix’ Economy, Curb Inflation
(Bloomberg) -- Ghana’s new government outlined a lower budget deficit this year to “fix” the economy after a painful debt restructuring.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionFinance Minister Cassiel Ato F
Strategy stock is down 50% since November highs as economic headwinds weigh on Bitcoin
Mark Palmer, an analyst at The Benchmark Company, says the downturn is “a function of the company being a levered play on Bitcoin.”
Exclusive-Bayer share drop draws market regulator's scrutiny, source says
FRANKFURT (Reuters) -Germany's financial markets watchdog has started an initial probe to examine whether Bayer fairly disclosed plans to get shareholder approval for a potential capital increase, a regulatory source told Reuters on Tuesday. Under the "routine" investigation that was triggered by the strong decline in Bayer's share price last Friday, watchdog BaFin is checking whether there are grounds for a wider investigation, the person familiar with the matter told Reuters. The healthcare and agriculture group said in a statement on Friday it would seek shareholder approval to potentially increase shares outstanding by close to 35% over the next three years to cover possible costs of U.S. litigation.
The US stock market is cratering. It could create winners in other places, says Nomura.
The S&P 500 has lost 4.5% so far this year, while the tech-heavy Nasdaq Composite is down 9.5% — bucking bullish calls earlier this year.
The Job Market Got Better In January, Before Tariff Turmoil
Key measures of the job market's health improved in January, in a final snapshot taken before President Donald Trump's trade wars shook up the economy.