Category: Money

World Money and Markets in the news

Mamdani’s Victory Is Gift for Florida and Texas, Says Summers

Former US Treasury Secretary Lawrence Summers says if Zohran Mamdani is the next mayor of New York City, it will…

Micron Gives Strong Forecast, Lifted by AI Computing Demand

Micron Technology Inc., the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped…

Marc Benioff’s Race to One Billion AI Agents | The Circuit

Emily Chang meets Salesforce CEO Marc Benioff to discuss founding Salesforce, the rise of AI agents and what it’s like…

Treasury Yields Drop as Trump Pressures Powell; Nvidia Hits Record High | Bloomberg Brief 6/26/2025

The dollar and Treasury yields fall as investors shift rate cut bets amid a report that President Trump is considering…

Trump Ratchets up Powell Pressure, Russia Sanctions on EU Summit Agenda | Bloomberg The Pulse 06/26

President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term expires next year. “I know…

Mamdani’s Rise to Power Fuels NYC Tax Hikes, Exodus Fears

There is deep anxiety among the New York City elite that win for 33-year-old democratic socialist Zohran Mamdani in the…

Dollar Falls as Trump Ratchets Up Powell Replacement Pressure | The Opening Trade 06/26

The dollar fell and Treasury yields declined on bets that US interest-rate cuts could come sooner than expected, following a…

Kenya Clashes Leave Eight Protesters Dead

Protests in at least a dozen towns across Kenya left at least eight people dead in clashes with police. Thousands…

No Trump Card: EU Says Tech Crackdown Isn’t a US Trade Tactic

The European Union’s crackdown on Apple Inc., Meta Platforms Inc., and Alphabet Inc.’s Google isn’t a bargaining chip in trade negotiations with US President Donald Trump, according to Teresa Ribera, the…

Trump May Name Powell Successor Early; Nvidia Hits All-Time High | Daybreak Europe 06/25/2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…