Canada, Australia, New Zealand currencies set to plunge, OppenheimerFunds says
Bonds in Asia declined as speculation U.S. interest rates will be raised as soon as next month underpinned the dollar. Copper and gold fell as shares in the region were mixed. Crude oil rallied.
Narendra Modi has an agenda of his own.
Singapore isn't just among the wealthiest countries in the world
Redfin CEO Glenn Kelman examines the U.S. housing market and home prices. He speaks with Bloomberg’s Alix Steel and Joe Weisenthal on “What’d You Miss?” (Source: Bloomberg)
Energy shares have taken a huge hit
Genworth Financial Inc. posted a second-quarter loss on costs tied to the planned sale of a European unit to fill a U.S capital gap.
Neiman Marcus Group Inc., the century-old luxury department-store chain acquired two years ago in a $6 billion leveraged buyout, is already planning to go public.
The International Monetary Fund said the yuan trails its global counterparts in major benchmarks and that “significant work” in analyzing data is needed before deciding whether to grant the Chinese currency reserve status.
On today's "Deep Dive," Bloomberg's Alix Steel and Joe Weisenthal take a look at Apple shares and oil prices. They speak on "What'd You Miss?" (Source: Bloomberg)
In good news for consumers, banks are becoming more willing to lend
Jay Fishman, who built Travelers Cos. into one of the biggest insurers in the world then steered it profitably through the financial crisis, is stepping down as chief executive officer because of his health.
Etsy Inc. tumbled after reporting a slowdown in gross merchandise sales growth in the second quarter from the three months prior.
Investors pulled $2.5 billion from Pacific Investment Management Co.’s flagship fund in July, the 27th consecutive month of outflows from what used to be the world’s largest mutual fund.
Walt Disney Co. fell in extended trading after posting third-quarter sales that fell short of analysts’ estimates and cutting its forecast for cable TV profit.
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