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Jersey City Shadowed by 15% Tax Hike as Boomtown Faces Reckoning

Bloomberg's Nic Querolo joins Katie Greifeld on "Bloomberg Real Yield." After decades of drawing in tens of thousands of new residents as gleaming apartment towers rose near the Hudson River waterfront across from Manhattan, Jersey City has suddenly found itself teetering on the financial brink. (So

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30-Year Real Yield Near Financial Crisis Level

Subadra Rajappa, head of US rates strategy at Société Générale, and Vineer Bhansali, founder of LongTail Alpha, joins Katie Greifeld on "Bloomberg Real Yield." Long-end Treasury real yields climbed to the highest in nearly two decades, signaling investors will increasingly need protection from p

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Iran, US Are Communicating With Violence Says Harding

The US military attacked Iran for a second day and Tehran retaliated against American allies in the Persian Gulf, raising fears of a return to war after little progress in efforts to secure a diplomatic outcome. Emily Harding, Vice President of the Defense & Security Department at the Center for Str

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UPS, FedEx Shares Fall on Growing Threat From Amazon Shipping

United Parcel Service Inc. and FedEx Corp. shares tumbled after an analyst warned that Amazon.com Inc. is offering inexpensive and increasingly fast delivery services to third-party customers, underscoring the risk posed by the e-commerce giant to traditional shipping firms.

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Junk Firms Seize on Drought in Buyout Debt to Slash Loan Costs

Bloomberg's Aaron Weinman joins Katie Greifeld on "Bloomberg Real Yield." The energy-drink maker Celsius, the sneaker firm Skechers and other junk-rated companies are seizing on hot credit markets to secure better terms from lenders, sharply reducing the extra yield their loans offer compared to ben

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Pricey Credit Markets Fuel Anything Funds

Bloomberg's Tasos Vossos joins Katie Greifeld on "Bloomberg Real Yield." Bond investors are increasingly betting on flexible funds that can buy whatever they like as lofty credit market valuations leave little margin for error. (Source: Bloomberg)

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Oil Industry Retained Up to €200 Million of German Fuel Subsidy

Germany’s oil industry retained between €100 million and €200 million from a fuel tax reduction earlier this year that was intended to ease the impact of surging costs on motorists, a government advisory panel found.

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Chip Stocks Rally on AI Boom | Open Interest 7/9/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Chipmakers are powering stocks higher as SK Hynix prepares for its US debut. Pepsi flashes retail warning signs as shoppers pull back. And tensions rise in the Middle East after fresh US-Iran strikes. Plus, Kurt Wa

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Franklin’s Dudley Sees AI Infrastructure Bull Case Through 2027

Franklin Templeton’s Katrina Dudley said the bull case for infrastructure spending on artificial intelligence is winning out over bear arguments and sees the investment theme remaining durable through 2027 and potentially into the year beyond.

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ING Weighs Venezuela Commodity Deals as Client Requests Rise

ING Groep, one of the top financiers of commodity trading, is fielding “a lot” of calls from clients to support Venezuelan natural resource deals as the country revamps exports after years of US sanctions, its new Americas commodity finance head said.

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Why Fed Cuts Beat Rate Hikes

Markets may be pricing yesterday's economy. iCapital's Dan Suzuki joined Bloomberg Open Interest to explain why slowing job growth and cooling inflation make Fed rate cuts more likely than hikes, why higher Treasury yields haven't broken the stock rally, and why AI leadership may be shifting away fr

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US Natural Gas Dives Most in Four Months on Pipes, Algo Trades

US natural gas futures fell more than 6%, the steepest daily price decline since March, as traders weighed a flurry of market-moving pipeline expansion and export terminal updates. Losses were exacerbated as some algorithmic traders moved in a sharply bearish direction.

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Funeral prayers offered for supreme leader Ali Khamenei in Iran's Mashhad
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Funeral prayers offered for supreme leader Ali Khamenei in Iran's Mashhad

The funeral prayers for assassinated supreme leader Ali Khamenei were offered late on Thursday as hundreds of thousands of mourners, braving sweltering heat and calling for revenge, massed in his hometown of Mashhad. An Israeli strike assassinated Khamenei in late February on the first day of the Middle East war. Following the funeral prayers, the...

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Burnham set to be next PM as 322 Labour MPs back him in first nomination tally
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Burnham set to be next PM as 322 Labour MPs back him in first nomination tally

Andy Burnham has taken another step towards becoming the next Labour leader and prime minister, after the vast majority of Labour MPs nominated him to replace Sir Keir Starmer. Burnham's Labour leadership bid has been backed by 322 Labour MPs as he remains the only declared candidate after n

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Fire at shoe factory kills 28 in one of China’s deadliest blazes in recent years
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Fire at shoe factory kills 28 in one of China’s deadliest blazes in recent years

BEIJING — A fire broke out at a shoe factory in the southeastern Chinese province of Fujian on Thursday, killing 28 people, the official Xinhua News Agency said. Chinese President Xi Jinping demanded “an all-out search and rescue effort,” urging a swift investigation of the incident and “

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