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29.07.2025 0:06
Dollar Climbs Most Since May as Trade Jitters Ease Wall Street kicked off a pivotal week with the dollar climbing the most since May as a tariff deal between President Donald Trump and the European Union bolstered hopes for an extension of a China trade truce. The start of a week that will set the tone for the rest of the year in markets saw a dollar gauge up almost 1%, extending its July rally. The euro slid the most in over two months. In the run-up to the Aug. 1 US tariff deadline, traders will go through a raft of key data from jobs to inflation and economic activity. The big event comes Wednesday, when the Federal Reserve is expected to keep rates unchanged. Then there’s a string of big-tech earnings, with four megacaps worth a combined $11.3 trillion reporting results. Nancy Lazar, Chief Economist for Piper Sandler tells Bloomberg Businessweek that consumers spending is going through a soft patch going into the third quarter as businesses try to anticipate tariff cost increases. (Source: Bloomberg)

29.07.2025 0:18
What Happened to the MAGA Instant Pot? As its private-equity owner fought antitrust allegations, the countertop cooker suddenly embraced the president’s politics, trying the new playbook of lobbying through flattery.

29.07.2025 2:08
Harley Davidson Nears Financing Unit Deal With Pimco, KKR Harley-Davidson Inc. is in advanced talks to sell a stake in its financing unit as well as its existing motorcycle loan portfolio in a deal worth $5 billion to Pacific Investment Management Co and KKR & Co., according to people with knowledge of the matter.

29.07.2025 2:13
Why We Almost Got a MAGA-Branded Instant Pot Instant Brands announced a new line of pots emblazoned with the slogan “Make America Great Again.” David Fahrenthold explains what’s behind this decision and explores the link between this brand and others that have created Trump-related products.

29.07.2025 2:14
29.07.2025 2:41
29.07.2025 3:04
European Exceptionalism At Play In Germany: PIMCO PM David Forgash, PIMCO managing director and portfolio manager, says the high-yield market is at its highest quality in 20 years and is getting “a much better grip” on tariff and trade risk. He speaks with Romaine Bostick and Scarlet Fu on “The Close.” (Source: Bloomberg)

29.07.2025 3:49
The Trans-Alaskan Pipeline Opens | On This Day On July 28, 1977, oil from Prudhoe Bay on Alaska’s North Slope completed its 800-mile journey through the newly built Trans-Alaska Pipeline, reaching export terminals on the state’s southern coast. Romaine Bostick explores how the above-ground pipeline sparked an economic boom for Alaska. (Source: Bloomberg)

29.07.2025 3:51
Mars Unlocks US Rollout of Hotel Chocolat: Thirlwell Angus Thirlwell, President and Founder of Hotel Chocolat, says the company is bringing a new take on chocolate and it has shown in the result in the Chicago stores, stressing that the company is growing in a strong way. He speaks to Romaine Bostick and Scarlet Fu on The Close. (Source: Bloomberg)

29.07.2025 5:15
29.07.2025 5:22
Union Pacific Bid Values Norfolk Southern at About $320 a Share Union Pacific Corp. is nearing an agreement for a stock-and-cash deal for Norfolk Southern Corp. that would value the smaller rival at about $320 a share, people familiar with the matter said, in what would be the rail industry’s biggest-ever tie-up.


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