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Fortegra Completes Acquisition by DB Insurance
The Fortegra Group, Inc. (“Fortegra”), a global specialty insurance company, today announced the completion of its acquisition by DB Insurance Co., Ltd. (“DB”), one of Korea’s leading property and casualty insurers. The transaction, announced on September 26, 2025, received all required regulatory and stockholder approvals. Fortegra will operate independently, maintaining its existing leadership team, distribution relationships, and underwriting discipline. Agents, distribution partners, and...
Canada in technical recession ‘talk’ divides analysts; KPMG note says: It’s not good
Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.
France slides towards recession as GDP goes backwards
France slides towards recession as GDP goes backwardsSee more This is Money on Google - save us as a Preferred SourceBy JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 21:50, 29 May 2026 e-mail 38 View comments
Strait of Hormuz Ship Transits Are Rising Thanks to Help From US
Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week with the US providing information to aid those making the journey.
Quantinuum Is Said to Weigh Boosting IPO Size and Price Range
Honeywell International Inc.-backed quantum computing company Quantinuum Inc. is considering increasing the size of its initial public offering, according to a person familiar with the matter.
US Jobs Report Due Next Friday
Anna Wong, chief US economist at Bloomberg Economics, joins Katie Greifeld on "Bloomberg Real Yield." Bloomberg Economics expects the May jobs report to show payrolls rising by 95,000. (Source: Bloomberg)
DeSantis Proposes Axing Taxes on Primary Homes in Florida
Bloomberg's Anna Kaiser joins Katie Greifeld on "Bloomberg Real Yield." Florida Governor Ron DeSantis unveiled a much-awaited proposal to gradually eliminate property taxes on the vast majority of primary homes in the state, a measure that would transform the way the state finances itself. (Source: Bloomberg)
Hedge Funds Turn Bearish on US Gas for First Time Since 2024
Hedge funds turned bearish on US natural gas for the first time since 2024 on signs of plentiful domestic supplies and expectations of reduced export needs.
Riyadh Air CEO on US Plane Deliveries, Fuel Costs
Riyadh Air CEO Tony Douglas discusses the company's "historic" first plane deliveries to the US. Speaking on "Bloomberg The Close," Douglas also comments on the competitive environment and how the airline is handling fuel costs. (Source: Bloomberg)
Higher For Longer, That’s The Story Of Oil And Gas Prices
BusinessEnergyHigher For Longer, That’s The Story Of Oil And Gas PricesByMatt Randolph,Contributor.Forbes contributors publish independent expert analyses and insights. Matt Randolph is a globally recognized oil and gas expert Follow AuthorMay 29, 2026, 03:48pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ARCADIA, CALIFORNIA - MAY 11: An American flag flies above gas prices displayed at a gas station on May 11, 2026 in...
Yield is the 'Name of the Game': Toublan
Dominique Toublan, head of US credit strategy Barclays, and Natalie Trevithick, managing director and head of investment grade corporates at Payden & Rygel, join Katie Greifeld on "Bloomberg Real Yield ." (Source: Bloomberg)
Market Could Price in Two Fed Hikes: Tannuzzo
Gene Tannuzzo, global head of fixed income at Columbia Threadneedle Investments, joins Katie Greifeld on "Bloomberg Real Yield." They discuss the Federal Reserve's rate path for 2026 and 2027. (Source: Bloomberg)
Universal rejects billionaire Bill Ackman's takeover bid
Universal rejects billionaire Bill Ackman's takeover bid Just nowShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesTaylor Swift is one of the music artists signed to Universal Music Group Universal Music Group, the entertainment giant behind acts such as Taylor Swift, Sabrina Carpenter and Kendrick Lamar, has rejected a takeover offer by billionaire Bill Ackman's investment firm.The music giant said Pershing Square's $64.3bn (£48bn) takeover offer was "not in the bes...
OpenAI Has Discussed Adding Citigroup, JPMorgan to Bank Lineup for IPO
OpenAI has spoken with banks including Citigroup Inc. and JPMorgan Chase & Co. about working on its upcoming initial public offering, according to people familiar with the matter.
Watching Real Consumption: Priya Misra
Priya Misra, portfolio manager of the Core Plus Bond ETF at JPMorgan Asset Management, joins Katie Greifeld on "Bloomberg Real Yield." (Source: Bloomberg)
Dell Soars Most in Two Years on Outlook
Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, says "in terms of scale" he would put his money on Dell. Dell shares surged the most in two years on Friday after the hardware maker gave an outlook for annual sales that far surpassed analysts’ estimates, fueled by demand for servers that power artificial intelligence work. (Source: Bloomberg)
Aldi announces major £5bn update on eggs, meat, fruit and vegetables
Aldi announces major £5bn update on eggs, meat, fruit and vegetablesAldi is making a major update on eggs, meat, fruit and vegetables. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Jennifer Pinto, Audience writer 20:11, Fri, May 29, 2026 Updated: 20:12, Fri, May 29, 2026 Aldi has announced a major £5 billion boost for British farmers (Image: Getty)Aldi is making a major update on eggs, meat, fruit and ve...
US Jobless Claims Tick Up To 215K, AI Tech Debt Binge | Real Yield 5/29/2026
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: JPMorgan Asset Management Core Plus Bond ETF Portfolio Manager Priya Misra, Columbia Threadneedle Investments Global Head, Fixed Income Gene Tannuzzo, Barclays Head of US Credit Strategy Dominique Toublan, and Payden & Rygel Head of Investment Grade Corporates Natalie Trevithick. (Source: Bloomberg)
Castlelake Considers Making Offer to Buy UK’s EasyJet
Castlelake LP is considering a possible offer for UK-based discount carrier EasyJet Plc, the private credit firm said in a statement.
Bloomberg Money: Coming June 5th
Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Each episode explores how people are making and spending money -- connecting the people and ideas shaping how we think about wealth. A smart, fast-paced hour that gives viewers the best tools to assess their financial futures. (Source: Bloomberg)