• Mar 11, 2025

Tank Builder’s Stock Hotter Than LVMH in New European Order

(Bloomberg) -- A rush by European governments to boost military spending has unleashed a rally in defense stocks so strong that they’re now as richly valued as the region’s high-flying luxury names. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ o

• Mar 11, 2025

Exclusive-Mercedes to develop smart cars for global markets with China's Hesai lidar

Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai's lidar sensors, a person with direct knowledge said, the first time a foreign automaker has sought to use such Chinese-made technology for models sold outside China. It coincides with an increase in trade tensions as the U.S. intensifies efforts to restrict the adoption of Chinese components and software solutions in vehicles developed by global automakers. The person, who declined to be named because the matter is private, said Mercedes had deliberated for months over the decision because of legal and geopolitical risks.

• Mar 11, 2025

Kohl's Stock Tumbles on Weak 2025 Sales, Profit Projections

Shares of Kohl's tumbled in premarket trading Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of what analysts had expected.

• Mar 11, 2025

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services

Germany's Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether. The service aims to allow crypto trading from various trading venues to be settled and held in Clearstream, Deutsche Boerse's settlement business. It marks an expansion into crypto services for the German exchange, after last year it launched its own crypto trading platform for institutional investors.

• Mar 11, 2025

European stocks are the hottest trade on Wall Street as investors turn away from US 'exceptionalism'

Wall Street strategists are increasingly turning bullish on European stocks, while downplaying US equities.

• Mar 11, 2025

Central bank body BIS flags markets' blessing for European defence spending surge

Central bank body, the Bank for International Settlements, has refrained from voicing its usual concerns about rising debt, noting markets' positive reaction to Europe's plans to ramp up defence spending in response to U.S. security policy shifts. The central bankers' central bank as the BIS is known, warned in its latest global report that U.S. President Donald Trump's tariffs led to unusually high uncertainty and market volatility, although it still expects the world's economy to avoid recession. U.S. bond yields, the dollar and stocks have all fallen in recent weeks on signs the economy there is now slowing, while Germany's dramatic plans to overhaul its debt limits as part of a wider European increase in defence spending has seen the sharpest rise in its bond yields since reunification in 1990.

• Mar 11, 2025

Bitcoin's $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit

Traders opt for a more conservative bet, reassessing their expectations in the wake of the recent price sell-off.

• Mar 11, 2025

Treasuries Pare Gains as Stocks Steady Ahead of Key US Data

(Bloomberg) -- Treasuries pared gains as the global stocks selloff showed signs of easing, with investors turning their attention to a wave of important reports on the health of the American economy.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ o

• Mar 11, 2025

Stricken Oil Tanker in North Sea Smolders With Hole in Side

(Bloomberg) -- A US oil tanker that was struck by a container ship in the North Sea on Monday was smoldering with a gaping hole in its side, footage broadcast by BBC News showed.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers

• Mar 11, 2025

Market losses early in retirement can increase your risk of outliving your money. But you can take steps to mitigate that

If you plan to call it quits at work within a decade, or you’ve just retired, you may want to take steps to minimize what’s called sequence risk, which is the risk that the market falls, reducing the value of your portfolio, during the earliest years of your retirement.