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Oil, gas tanker traffic explodes at Panama canal as global energy routes shift amid Mideast war
A surge of oil tankers and liquefied natural gas (LNG) carriers is crowding the Panama Canal, as shifting global energy routes driven by conflict in the Middle East push the strategic waterway to near-maximum capacity. Videos circulating online this week show long lines of vessels waiting to transit the canal after loading crude oil and gas shipments from US Gulf Coast ports, underscoring a sharp rise in traffic bound for Asia.Strong demandCanal authorities say daily transits have climbed to bet...
NFL trade rumors: Buffalo Bills could bring back former $12M defensive end
The Buffalo Bills have been a force to be reckoned with on the field in the last few seasons, with 12 wins and just 5 losses in 2025. While the Buffalo Bills were expected to break records in the last season, the team witnessed a heartbreaking loss against the Denver Broncos in the Divisional Round. Ahead of the new season, the team is focused on fixing its roster to bounce back on the field for the new season.
Iran War Pushes Asia to Think Twice Before Doubling Down on LNG
A record wave of new liquefied natural gas supply was meant to usher in a prolonged period of lower prices. Governments from India to Southeast Asia crafted energy strategies that would allow them to use the surplus to move away from a heavy reliance on coal.
Treasury’s Cash Pile Jumps Most Since September on Tax Day
Tax‑day inflows jolted the US Treasury’s cash balance on Wednesday, lifting it by the most since September, a shift that briefly pulled liquidity out of the financial system even as pressures remained contained.
Kone Is in Advanced Talks to Acquire TK Elevator
Kone Oyj is in advanced talks to acquire TK Elevator in what’s set to be one of Europe’s biggest takeovers this year, people familiar with the matter said.
How could the Iran war affect fizzy drinks in the UK?
The BBC's Emma Simpson explains why fizzy drinks, salad and meat could be affected by the Gulf conflict.
New York City’s super-rich cry foul over proposed tax on second homes
Billionaire hedge fund managers accuse mayor Zohran Mamdani of ‘demonising philanthropists’
PNC CEO on US Consumers, Private Credit and Real Estate
PNC Financial Services Group CEO Bill Demchak says he hasn't seen a slowdown in US consumer spending yet. Speaking on "Bloomberg The Close," Demchak also comments on the recent concerns about private credit, the state of commercial real estate and PNC's growth strategy. (Source: Bloomberg)
Saudis Now Want Sports to Make Money, Clouding LIV Golf’s Future
Saudi Arabia’s potential reversal on its costly golfing venture is part of a wider pullback on sports investing, as it looks to prioritize returns, rather than cultural influence. Bloomberg's Randall Williams explains. (Source: Bloomberg)
Paulson Says US Should Prepare for a 'Vicious' Bond Crash
Former Treasury Secretary Hank Paulson called on US authorities to prepare a back-up plan to avert a potential collapse in demand for Treasuries. He speaks to David Westin in an interview for Bloomberg Television’s Wall Street Week. (Source: Bloomberg)
Nomura Economist Anderson Warns of Stagflation Risks in Europe
Josie Anderson, European economist at Nomura, discussed the heightened risk of stagflation in Europe due to the ongoing war, the conflict is generating significant uncertainty for both businesses and consumers, leading to suppressed demand and rising cost pressures. (Source: Bloomberg)
Schwab Considering Prediction Markets Tied to Finance Events
Charles Schwab Corp. is likely to launch prediction markets linked to financial events as competitors including Robinhood Markets Inc. expand their presence in the space. Schwab is “taking a hard look” at prediction markets, Chief Executive Officer Rick Wurster said on a conference call Thursday, but would stay away from allowing customers to place wagers on sports or pop culture given the firm’s focus on building clients’ long-term wealth. Schwab's CEO Rick Wurster joined Bloomberg Businesswee...
Russian stock market closed mixed on Thursday
The MOEX Russia Index ticked up by 0.03% to 2,741.14 points
Stephanie Guild on Sector Performance Amid Speculative Stock Surges
Stephanie Guild, CIO of Robinhood, discussed recent market dynamics, emphasizing that the so-called 'Mag Seven' tech stocks are not performing uniformly, the extraordinary surge in Allbirds shares, which jumped over 600% after announcing a pivot from shoemaking to becoming a neo cloud provider. (Source: Bloomberg)
ECB’s Dolenc Says Falling Energy Prices Challenge Case for Hikes
Declining energy prices have moved the euro-zone economy back toward the European Central Bank’s base case and may mean interest-rate increases aren’t needed, according to Governing Council member Primoz Dolenc.
Bootstrapped To $1 Billion: How Lectric eBikes Is Dominating The D2C Market Out Of Arizona
How do you build a $1 billion direct-to-consumer business without relying on the traditional venture capital playbook? Forbes' Alex York sits down with Levi Conlow, co-founder and CEO of Lectric eBikes, to unpack how his company became North America’s largest e-bike brand. Despite a shrinking post-boom market, supply chain friction, and looming tariffs, Lectric continues to grow profitably by focusing on operational leverage, aggressive component negotiations, and a radically different approach...
Trump Says He Expects There Will Be a Deal Between Israel, Lebanon
President Donald Trump says talks between Israel and Lebanon may happen over the next week or two. He speaks with reporters at the White House. (Source: Bloomberg)
War Cheaper Than Allowing Iran to Have Nuclear Weapon, Says Budd
Republican Senator from North Carolina Ted Budd said that the cost of not going into Iran could be more significant than the additional funding the Trump administration is asking for to support the war. Budd said that a war is 'cheaper than allowing a nuclear Iran' as Democrats sound the alarm on the cost of the conflict. (Source: Bloomberg)
Watch: Is Trump meeting the moment for US conservatives?
The BBC asked the president's supporters about Iran, the economy and immigration at the largest conservative gathering in the country.
Global War, Local Collapse: Madhya Pradesh's Soy Economy Takes Direct Hit
The ongoing conflict in West Asia has disrupted critical shipping routes, triggering a chain reaction that is now crippling India's soybean meal exports.