Finance

Meta weighs big equity raising after blockbuster Google deal
Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure

How to Make Sure You Have Enough Money for Retirement
How much money do you really need to last for your retirement? It's a question investment professionals deal with on a daily basis. Gabriela Santos, JPMorgan Asset Management chief market strategist for Americas, says as Americans live longer, they have to "plan to get to and thr

Canada’s TerraVest Slides as Chairman Accused of Insider Tipping
Shares of Canadian manufacturer TerraVest Industries Inc. fell the most since 2009 over allegations of insider tipping by its executive chairman.

Nasdaq tumbles 3% as shares in chip and memory groups sink
Rising expectations of Federal Reserve rate rise send US bond yields rising sharply

Liz Ann Sonders Shares Her ‘Jigsaw Puzzle’ Personal Investment Philosophy
Liz Ann Sonders, chief investment strategist at Charles Schwab, explains how her love of jigsaw puzzles plays into her personal approach to investing. She joins Tom Keene and Scarlet Fu on the debut episode of “Bloomberg Money.” (Source: Bloomberg)

Schwab's Sonders on the Rise of Casino Culture in Markets
Liz Ann Sonders, Charles Schwab chief investment strategist, sees a rise of speculative investing and says financial markets are starting to look more like casinos. She speaks with Tom Keene and Scarlet Fu on the debut episode of "Bloomberg Money." (Source: Bloomberg)

Investors boost bets for Fed rate rise after bumper US jobs report
World’s biggest economy adds 172,000 jobs in May in sign labour market is ‘turning the corner’

Trump-run Kennedy Center took $2mn from ‘fake CIA operative’, lawsuit alleges
Donation by alleged conman follows accusations of cronyism and corruption at Washington’s top performing arts centre

Pugilistic Florida billionaire plots law firm stake sale to private equity
Move by largest US personal injury firm could cement buyout groups’ arrival in a sector that has long been off-limits

Nasdaq 100 Plunges 4% as Traders Dump Tech, Buy Defensive Names
The S&P 500 Index’s longest weekly winning streak in four decades was stopped on Friday by the same cohort that’s powered the index’s yearlong advance — technology megacaps.

TPG, Oaktree, Oak Hill Lead €1 Billion Debt for Evoke Buyout
Private lenders including TPG Credit, Oaktree Capital Management and Oak Hill Advisors are set to provide around €1 billion ($1.2 billion) of funding for the acquisition of gambling firm Evoke Plc by Bally’s Intralot.

My returns have been exponential — no, seriously!
The speed at which my portfolio is rising in value is ridiculous

Inside the CBS mutiny against Bari Weiss and David Ellison
A saga that started with Donald Trump’s assault on ‘60 Minutes’ has turned into a full-blown crisis

How much value is AI really creating?
Eye-opening changes to the speed and volume of work are not always translating into genuine productivity

Gold Falls Most in Two Months as Jobs Fuel Fed Rate-Hike Bets
Gold fell the most in more than two months as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates this year, a headwind for the precious metal.

Nasdaq 100 Sinks 4% as Fed-Hike Wagers Lift Yields: Markets Wrap
Wall Street’s historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields as a solid jobs report added to bets the Federal Reserve’s next rate move will be a hike.