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Why Our Labor Market Is Forever Changed
The US is not in a recession. So why is the labor market so weak? Bloomberg Opinion columnist Kathryn Anne Edwards says employer concentration is to blame. (Source: Bloomberg)
RBI revokes Paytm Payments Bank's banking licence
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank Limited, effective April 24. The central bank cited violations of the Banking Regulation Act, including mismanagement and failure to protect depositor interests. The RBI will initiate winding-up proceedings, assuring depositors of full repayment.
Justice Dept. drops investigation into Federal Reserve and Jerome Powell
BREAKING NEWSApr. 24, 2026, 2:16 PM UTCEconomyEconomyJustice Dept. drops investigation into Federal Reserve and Jerome Powell The decision clears the way for Trump's nominee to chair the Fed, Kevin Warsh, to advance towards a confirmation vote in the Senate.Listen to this article with a free account00:0000:00President Donald Trump and Federal Reserve Chairman Jerome Powell during a visit to the Federal Reserve, in Washington, D.C., on July 24, 2025.Julia Demaree Nikhinson / AP fileShareAdd...
Island's inflation rate is 2.7%, new figures show
Island's inflation rate is 2.7%, new figures showJust nowShareSaveAdd as preferred on GoogleChloe ParkmanChannel IslandsDominic Lipinski/PA WireStatistics Jersey said there had been an 8.6% increase in the price of alcoholic drinks Jersey's retail price index (RPI), which is a key measure of inflation on the island, increased by 2.7% in the last year, new figures show. The increase over the 12 months to March 2026 is slightly down on the previous quarter's figure of 2.8%, with the...
Ukrainian military increases attacks on Zaporozhye Nuclear Power Plant trying sow panic
Currently, the plant is solely powered by the 330 kV Ferrosplavnaya-1 transmission line, Alexey Likhachev said
How Kevin Warsh Could Shrink the Fed’s Footprint in Financial Markets
President Trump’s nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.
Earnings Are Surprisingly Strong, Says Morgan Stanley's Wilson
Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson says this earnings recovery is stronger than many people think. He speaks on Bloomberg Open Interest. (Source: Bloomberg)
French Power Slumps to Lowest Since 2013 as Solar Output Booms
European power prices plunged to multiyear lows as solar generation surged, flooding the region’s grids.
Ignoring the War Has Been Working for Long-Term Investors
The U.S. stock market’s quick rebound this month may be fragile, but riding out the market’s disconcerting waves has been a sound strategy.
Paytm Payments Bank's Licence Cancelled By RBI
Paytm Payments Bank's Licence Cancelled By RBI
RBI cancels Paytm Payments Bank licence; to seek winding up in court
RBI cancels Paytm Payments Bank licence to seek winding up in court
Stocks Can Handle 'Stalemate Situation' in Iran, Yardeni Says
Ed Yardeni, president of Yardeni Research, says markets can withstand $100 a barrel oil prices on "Bloomberg Surveillance." (Source: Bloomberg)
Discounts on Russian oil to keep narrowing even if Strait of Hormuz opens — analyst
The analyst expected the discount on Urals crude oil to decrease from $28 per barrel in Q2 to $17 per barrel by Q4
Geopolitical shifts increase demand for Trans-Baikal’s metals — expert
Deputy Director of the Institute of Economic Forecasting of the Russian Academy of Sciences Dmitry Kuvalin emphasized that the physical volumes of purchases will continue to grow in the future, both within Russia and abroad
Energy consumption in Russia could grow by 1.5-2% this year — ministry
Energy consumption was slightly negative, around zero last year, Deputy Energy Minister Evgeny Grabchak said
EU won't let Russian gas flow through Nord Stream prior to Ukraine deal — expert
The European Commission persisting in its energy madness, Alexey Grivach said
NFL Trade Rumor: Cowboys eye risky $14 million giants star after slump
The Dallas Cowboys have had a pretty poor run on the field in the last two seasons with just 7 wins and 10 losses both in 2024 and 2025, sparking concern among fans. With the Dallas Cowboys’ last playoff win being in January 2023, it seems the team is focused on bouncing back on the field in the new season.
Data Center Firm Csquare Files Confidentially for US IPO
Csquare filed confidentially for a US initial public offering, a signal that more data center companies are lining up to sell shares for the first time over the coming year.
Russia lays down minesweeper Dmitry Glukhov at St. Petersburg shipyard
The Dmitry Glukhov minesweeper is the sixteenth ship of Project 12700 Alexandrit to be built at the Sredne-Nevsky Shipyard
What impact will soaring oil prices have on BP’s earnings?
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