Category: Money
World Money and Markets in the news
Slump in the Nigerian Naira really hurts MTN #africa
Africa’s biggest wireless carrier by revenue, MTN, posted its first loss since 2016 after the devaluation of the Nigerian naira…
Why AMD Is Buying Server Maker ZT Systems
Advanced Micro Devices agreed to buy server maker ZT Systems in a cash and stock transaction valued at $4.9 billion, adding…
Will Germany embrace the digital Euro? #politics
How did Germany go from a secret Cold War bunker full of cash to the potential introduction of the digital…
Middle East: Blinken says Hamas must accept deal
US Secretary of State Antony Blinken said Israeli Prime Minister Benjamin Netanyahu has accepted a cease-fire proposal to halt the…
Pimco’s Crescenzi Says Bond Investors Should Be in Buy Mode
Pimco Portfolio Manager and Market Strategist Tony Crescenzi says there’s room to run on Treasuries during an interview on "Bloomberg…
Has the ‘Ultimate Pickleball’ Arrived?
Life Time CEO Bahram Akradi talks about how the sport of pickleball is growing at his health clubs. The company…
Who Polices the Trillion-Dollar World of Sports Betting?
It’s hard to encounter sports these days without thinking about gambling. Every broadcast, podcast and conversation seems to include some…
Defense Stocks Fall as Germany Plans to Reject Ukraine Aid Requests | The Opening Trade 08/19
A backloaded big week. Federal Reserve Chair Jerome Powell’s Jackson Hole speech Friday takes center stage. He’s expected to confirm…
Harris Leads Trump in Three Swing States: Poll | Bloomberg The Pulse 08/19/24
STOXX 600 benchmark traded little changed at the European open on Monday. Shares in European defense firms including Rheinmetall tumbled…
‘Weak Dollar Year’ in 2025, Says StanChart’s Englander
Steve Englander, global head of G10 FX research at Standard Chartered Bank, examines how interest rate cuts by the Federal…