• Aug 12, 2024

Big Tech, Health-Care and High-Yield Stocks Are Dip-Buying Targets

(Bloomberg) -- A dizzying start to August, which saw US stocks whiplashed by economic jitters, lackluster earnings and the unwinding of the global yen carry trade, has left Wall Street searching for corners of the market that may have been unfairly punished.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’

  • Aug 12, 2024

BOE to Get Another Reason for Caution as Inflation to Pick Up

(Bloomberg) -- UK inflation is expected to pick up for the first time in 2024 in new data that’s likely to keep Bank of England policy makers wary about pushing ahead with further interest rate reductions next month.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-Pr

  • Aug 11, 2024

Tourmaline to Buy Crew Energy for $947 Million in All-Stock Deal

(Bloomberg) -- Canada’s biggest gas driller Tourmaline Oil Corp. agreed to buy Crew Energy Inc. for C$1.3 billion ($947 million), including debt, as consolidation continues in the oil and gas industry.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 S

  • Aug 11, 2024

Oil Steady After Weekly Gain as Traders Watch for Iran Reprisal

(Bloomberg) -- Oil was steady after its first weekly gain since early July, with the market still waiting for Iran’s response to last month’s assassination of a Hamas leader in Tehran.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

  • Aug 11, 2024

Asian Stocks Eye Cautious Open as Volatility Wanes: Markets Wrap

(Bloomberg) -- Asian stocks were poised for a staid open on Monday as markets shifted focus to key US data prints this week after a volatile start to August. 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 P