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GameStop Corp. shares spiked and then quickly dropped in postmarket trading Monday after cryptic social media posts showed up and then disappeared from the social media account of Keith Gill, the f…
The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including oil trader Trafigura Group and US refiner Marathon Petroleum Corp, adding to a wave of oil released to help ta…
Mall owner Simon Property Group Inc. is seeing strong interest from Gen Z shoppers and the brands that target them, Chief Executive Officer Eli Simon said on a call with investors.
Oil steadied as US President Donald Trump cast doubt over the ceasefire with Iran after rejecting Tehran’s latest peace offer, prolonging the effective closure of the vital Strait of Hormuz.
Asian stocks looked set to rise as traders stayed bullish on the AI trade even as the US and Iran failed to reach any peace deal. Oil climbed and Treasuries fell.
China investors are counting on the summit between Xi Jinping and Donald Trump to deliver just enough to sustain the detente trade underpinning stocks and the yuan.
Sunshine Silver Mining & Refining Co. filed for a US initial public offering, and is seeking funds to restart a mine in Idaho that previously produced silver, antimony and other minerals.
Jennifer Harmon, a stage and screen actress who earned a Daytime Emmy nomination for her work on the ABC daytime drama "One Life to Live," from 1976 to 1978, has died.
Lumentum’s stock has been red hot, but there are plenty of lesser-known ways to capitalize on the growing connectivity needs of AI data centers, according to Bernstein.
Investors had been excited early Monday about speed breakthroughs at the satellite company. But the after-hours earnings report showed a sizable revenue miss.
Pershing Square sought to toss what it called a “facially defective” shareholder lawsuit accusing founder Bill Ackman of bullying Howard Hughes Holdings Inc. directors into a deal that increased th…
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bl…
Home Depot and Lowe’s have struggled this year, but UBS analysts say they’re due to benefit as homeowners reach a tipping point with units built during the mid-2000s housing boom.
Aberdeen Senior Research Economist Sree Kochugovindan, says inflation expectations remain anchored for now and monetary policy remains on hold for the BOE, ECB and the Federal Reserve for the rest …
NBA playoff games have been split up among myriad networks and streaming services, leaving fans scratching their heads about where to find the games. Matters become a bit simpler in the later round…
BlackRock Inc. Chief Executive Officer Larry Fink expressed optimism about investing in Venezuela following the overhaul sparked by Nicolas Maduro’s removal.
Pictet Wealth Management Senior Fixed Income Strategist Laureline Renaud-Chatelain says short-term inflation rates have not priced in the worse-case scenario of an extended closure of the Strait of…
With the US-Iran ceasefire on "massive life support" and the Strait of Hormuz still shut, Trump arrives in Beijing weaker than planned. Energy now defines the Xi summit.
Hims & Hers Health Inc. reported a first-quarter loss and sales that missed Wall Street estimates as it faces higher costs associated with its strategic pivot to branded weight-loss medications.
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Mayuranki De, Raymond James …
Gas engine manufacturer Innio Holding GmbH filed for a US initial public offering, joining a slew of industrial companies looking to tap the surge in data center spending.
Vox Media may sell many of its most valuable brands to James Murdoch, questioning the assumption that a brand-driven digital media company can survive.
With no need for a Last Chance Qualifying Round, IndyCar added another round to the May 17 final day of Indy 500 Qualfications with drivers competing to make the Fast 12.
Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." (Source: Bloomberg)
Radio station owner Spanish Broadcasting System Inc. filed for bankruptcy on Monday after announcing plans to hand ownership to noteholders in exchange for restructuring the debt.
Silver neared the $90 mark for the first time in two months Monday as some analysts suggest it could again approach record-high prices later this year.
IndyCar will return to the Java House Grand Prix of Arlington as the 2027 dates were announced on May 11. A look at why the inaugural race success was a huge success.
The 2026 PGA Championship returns to Aronimink for the first time in 64 years. Here’s the tee times, TV schedule, streaming details and how to watch every round live.
South African President Cyril Ramaphosa said he would contest a report that criticized his handling of a robbery at his farm in 2020 after a ruling by the nation’s top court resurrected the scandal…
Ronda Rousey and Gina Carano return to women’s mixed martial arts after a decade to headline MVP MMA 1 on May 16. Here’s the full fight card, start time and how to watch live.
“Mortal Kombat II” had a strong opening in theaters worldwide over the weekend, which naturally begs the question of whether there will be a “Mortal Kombat III.”