Europe's Refugee Crisis
Contract signings to purchase previously owned U.S. homes rose less than forecast in October after declining in the prior two months, showing residential real estate is cooling heading into the quieter selling season.
As Jes Staley prepares to take over as Barclays Plc’s new chief executive officer on Tuesday, the investment bank should brace for deeper cuts as revenue stagnates and the lender struggles to reverse its falling share price, according to Investec Plc.
The Federal Reserve took the final step to ensure it can’t repeat the extraordinary steps taken to rescue American International Group Inc. and Bear Stearns Cos. in 2008, adopting formal restrictions on its ability to help failing financial firms.
Latin America’s largest economy probably shrank for a third consecutive quarter, as rising unemployment and higher inflation sapped domestic demand, pulling the nation deeper into recession.
Royal Dutch Shell Plc will proceed with an expansion at its Louisiana plastics plant, the latest example of a chemicals producer taking advantage of cheaper oil and natural gas in the U.S.
Nigeria’s stocks headed for their lowest close in almost three years as foreigners exited the market amid fading hopes that President Muhammadu Buhari’s government can revive an economy growing at its slowest pace this century.
President Barack Obama told world leaders that the climate talks that opened Monday in Paris mark a turning point for collective action on global warming and stand as a rejection of the terrorists who struck the French capital a little more than two weeks ago.
The rand weakened to an all-time low and bonds tumbled as South Africa’s trade deficit widened more than expected in October to the biggest shortfall in nine months, before credit-rating reviews this week that may bring the country closer to junk.
India’s economy grew faster than estimated before central bank Governor Raghuram Rajan reviews interest rates on Tuesday for a final time this year.
Emirates Telecommunications Group Co. surged to a 10-year high, adding to investor concern it’s overvalued as it prepares to join MSCI Inc.’s emerging-markets index.
Lapo Elkann, founder of Garage Italia Customs, talks about his new company that customizes cars. He speaks with Bloomberg's Francine Laqcqua on "The Pulse." (Source: Bloomberg)
Niraj Shah, co-founder and chief executive officer at Wayfair, explains the importance of Cyber Monday to the company's business, how they're taking advantage of the shift to e-commerce for home goods, and responds to criticism from Kase Capital Management Managing Partner Whitney Tilson on Chinese products sold by Wayfair. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
As Pimco watched its flagship fund lose more than half its assets following the surprise departure of Bill Gross, his successor Daniel Ivascyn quietly pulled off a stunning performance. MB Advisors' Milton Berg weighs in on "Bloomberg ‹GO›." (Source: Bloomberg)
Federal Reserve Chair Janet Yellen presides over a meeting of the Fed Board of Governors in Washington to discuss and vote on rules governing the central bank's ability to help failing financial firms. Under the Fed’s revised authority approved in the vote Monday, the central bank would only be able to save firms in a broad-based scenario, meaning it must help at least five entities at the same time. (Source: Bloomberg)
Optoro co-founder and CEO Tobin Moore discusses the processing of holiday shopping returns. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)