The dollar rose on Election Day in the US, buoyed by climbing Treasury yields and solid economic data, while traders monitored developments in the Middle East for a sense of the greenback’s direction.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
The former U.S. ambassador to Vietnam, speaking in Ho Chi Minh City on election day, says tariff power "rests with the executive."
The US presidential election in 2024 served as a big-bang moment for prediction markets. Two years later, their forecasts on the 2026 midterms are getting plenty of attention, but the underlying trading illustrates how the platforms have struggled to expand beyond a few booming categories.
Democrats are favored to take both the House and Senate in Tuesday’s U.S. midterm election, but there is another race to which artificial-intelligence investors should be paying close attention.
Prediction markets may be running the risk of “suggesting too much confidence in a good night for Democrats,” one analyst says.
US stock futures were little changed as Americans headed to the polls on Election Day, with control of both chambers of Congress at stake and investors weighing mounting risks to the artificial intelligence trade.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Katharine Neiss, PGIM Credit Deputy Head of Global Economics; Anthony Gardner, Former US Ambassador to the EU; Conrad Keijzer, Clariant CEO (Source: Bloomberg)
Investors hoping for an Election Day lift face a looming government-spending showdown and growing opposition to AI data centers.
Many of the world’s biggest hedge funds extended their losses last month, as a sell off in technology stocks, a government bond meltdown and Brazil’s shock election combined to deliver widespread volatility and one of the broadest declines since the coronavirus pandemic.
US stock futures fell as oil prices rebounded on worries that America and Iran remain far apart on a peace deal, adding to subdued risk sentiment before voting starts in the midterm elections. S&P 500 contracts slipped 0.2%. Brent crude rose 1.7% to above $106 a barrel, with Reuters reporting that significant obstacles to ending the war remained despite signs from both Washington and Tehran that they were open to a diplomatic settlement. Flat Nasdaq 100 futures signaled a steadier start for the artificial intelligence trade after the index entered a technical correction. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Brazil’s farming sector was already battling record breaking defaults. Last week’s election results only deepen the gloom for growers hoping for a swift turnaround for one of the nation’s most important economic forces.
Sorry, we have to talk about politics for a day.
Nate Silver tells us he is calling this midterms the “rock and a hard place election” — the background conditions are great for Democrats to win both the House and the Senate, but for that to come to pass, the party has to pull off some things that haven't happened in generations, like winning Texas. To believe that will happen requires a certain leap of faith, which is anathema to pollsters. Still, the polls generally believe Democrats are favored, but many professional pollsters would end up w
Even the Times acknowledges that Republicans are winning over late deciders by 9 percentage points in seven battleground states.
It’s crucial to distinguish economic from political uncertainty, because only one really moves the stock market.
Anthropic PBC’s initial public offering has plenty of hurdles to clear, and one of the biggest will hit Nov. 3, when US midterm elections threaten to upend the political status quo that’s been broadly supportive of developing artificial intelligence at a breakneck pace.
A viral stunt aimed at a Michigan father stocking frozen pizzas late at night has turned him into a symbol of America’s affordability squeeze, and made the prankster an online pariah.
In Kansas, Sen. Roger Marshall looked on track for easy re-election just two months ago at around 75%. His number's dipped to 43.9%, and suffered a 7.1% drop just in the past 24 hours.
Fox CEO Lachlan Murdoch said that a recent decline in ratings at Fox News isn’t indicative of a deeper problem at the network.
From free pizza on long voting lines to free admission to all national parks for veterans, NBC’s Vicky Nguyen joins TODAY with a roundup of ways to cash in on freebies for the month of November.
Trump Banks on Rallies to Turn Out MAGA Faithful Again Dems Show Strength Ahead of Election Day: NYT/ Siena Polls Haley Stevens Backs GOP’s Mike Rogers in Michigan DOJ Appeals Judge’s Dismissal of AK Senate Lawsuit Gulf States Fear Fiercer Iran Retaliation If US Strikes Ukraine, Russia Report Cyberattacks on Emergency Alert Apps (Source: Bloomberg)
Morgan Stanley’s chief stock-market strategist, Mike Wilson, said the midterm elections are a classic “clearing event” whose outcome at this point doesn’t really matter.
Mass demonstrations in Germany that passed largely peacefully on Saturday erupted in violence as night fell and rioters faced off against police in Frankfurt, Cologne, Hamburg and Berlin. (Source: Bloomberg)
Indonesia’s Supreme Court invalidated a high-school equivalency certificate submitted by Vice President Gibran Rakabuming Raka as part of his candidacy in the 2024 election, raising questions about his ability to remain in office or run again in 2029.
Astronomers are warning that megaconstellations of satellites will obstruct our view of the cosmos.
Futures on the S&P 500, which allow investors to bet on the market before the official start of trading, rose slightly on Sunday night.
New Zealand’s stocks and currency face a test as a tight general election raises the prospect of drawn-out coalition talks and uncertainty over the next government’s policy agenda.
It's the latest display of public dissent against PM Modi’s government.
Serbia’s student-led movement that’s poised to take power after last month’s election, is urging banks to step up scrutiny of capital flows from the country during the transition period to a new government.
Rising healthcare costs are a major concern for older Americans, and it's affecting their finances and political priorities
They’ve helped turn this year’s midterms into “the most expensive election cycle on record.”
Secretary of State Marco Rubio and his Brazilian counterpart agreed to meet in the coming weeks, according to people familiar with the matter, after President Donald Trump’s decision to grant the nation’s defeated right-wing candidate Flávio Bolsonaro refuge inflamed tensions.
Brazilian authorities summoned Argentina’s top envoy in the country on Friday to explain President Javier Milei’s role in helping Flávio Bolsonaro flee Brazil following his election defeat.
The Justice Department filed notice Wednesday night that the plans were real.
Museums are pitching themselves as date-night destinations — and finding a generation of takers.
Israeli Prime Minister Benjamin Netanyahu and his party have amplified claims that the country's election was “stolen” by Arab-led parties
The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.
Fed chair Kevin Warsh said politics played no role in pause of interest rate hikes, despite inflation remaining above 3% The US Federal Reserve left interest rates unchanged on Wednesday during its last board meeting before the midterm elections, keeping rates at one of the highest pre-election levels seen in over 20 years. Two out of 12 board members voted against the pause, preferring to raise rates by a quarter point this meeting, the Fed board said in a statement. Continue reading...
Officials believe there is plenty of time left to tackle inflation, allowing them to avoid making a move so close to an election.
Sen. Susan Collins, who’s in a tough re-election fight, said she secured from the Trump administration tariff exemptions on some agricultural and forestry items.
A layoff and a leap of faith convinced Katie Teixeira she had what it takes to run her own business In 2010, Katie Teixeira adopted a kitten found all alone in an abandoned house. The kitten – so tiny she fit in the palm of Teixeira’s hand – needed to be bottle-fed every few hours. For weeks, Teixeira set her alarm for middle-of-the-night feedings and drove home on her lunch break to care for the kitten she named Milo. As the cat grew, so did the connection between them. “We just bonded,” Teixeira says. “Like mother and daughter.” Continue reading...
