European Union joins U.S.-led 'Operation Economic Outcast' as Iran cries foul

President Donald Trump told the Federal Reserve board to “BE PATRIOTS for a change,” in a post on Truth Social Friday. Trump hailed the US August jobs report while reiterating his call for lower interest rates. Michael…

How a recently developed typeface is making things more annoying for LLMs.

A $1.6 billion trend-following ETF has had its outside adviser and both portfolio managers depart amid a prolonged shake-up that has seen the fund build an unusually large oil position.

Some investors aren’t getting paid enough to take the risk they’re shouldering when they buy complicated and increasingly popular products like collateralized fund obligations, according to the president of Pacific…

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says a 25 basis-point rate hike would not be a big issue for risk assets. He speaks on Bloomberg Surveillance. (Source: Bloomberg)

The West African Development Bank, or BOAD, the African Export–Import Bank, the Africa Finance Corp. and Ecobank Transnational Inc. are the most exposed to corporate credit risk under Senegal’s planned debt treatment,…