bloomberg.com
Latest items from this RSS source.
US Consumer Spending Stalls, GDP Takes a Hit
Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth. (Source: Bloomberg)
Danish Drugmaker Leo Pharma Is Said to Seek Bank Pitches for IPO
Leo Pharma A/S has invited investment bankers to vie for roles in a potential initial public offering, according to people familiar with the matter, as the more-than-a-century-old Danish drugmaker edges closer to going public.
Venture Global Greenlights $8.6 Billion US LNG Export Expansion
Venture Global Inc. will move forward with an $8.6 billion expansion of its third liquefied natural gas export project in Louisiana, the company said on Friday.
EU Floats Fix for Euro Use That’s Clouding Montenegro Membership
The European Union is close to overcoming a unique obstacle to Montenegro’s membership bid — the country’s de-facto use of the euro — people familiar with the matter said.
What War in Iran Means for Teapot Oil Refineries in China
A lot of Iranian oil goes to China's so-called "teapot" refineries, which tend to be smaller and owned by independent companies. On this episode of the Odd Lots podcast, Erica Downs, a senior research scholar at Columbia University, joins Joe Weisenthal and T…
From Amazon to Airbnb, US Blue-Chip Bond Sales Flirt With Record
Middle East war. Rising yields and oil prices. Private credit distress. It barely seemed to matter for corporate borrowers this week as US investment-grade bond sales came close to yet another record.