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Pakistan’s inflation rose faster than expected last month, keeping policymakers on guard as the Middle East conflict threatens to add to cost pressures and complicate the economic outlook.
Bloomberg Markets
When a neighboring college closed, Villanova University scooped up the campus, giving the powerhouse school the ability to add more students. (Source: Bloomberg)
Bloomberg Markets
When a neighboring college closed, the Catholic university scooped up the campus, giving the powerhouse school the ability to add more students.
Bloomberg Markets
Corporate credit has rarely looked calmer. Yet, underneath the surface, about $1 trillion of bonds are telling a different story.
Bloomberg Markets
ArcelorMittal SA dropped its planned takeover of a joint venture with struggling carpart manufacturer CLN-Coils Lamiere Nastri SpA after the Italian government imposed restrictions, paving the way for a domestic rival to take control.
Bloomberg Markets
Borrowing costs everywhere are heading higher.
Bloomberg Markets
US Army Secretary Dan Driscoll submitted his resignation to President Donald Trump and is stepping down after repeated clashes with his boss, Pete Hegseth. His resignation leaves the service without several top leaders as the conflict with Iran continues. Rachel Schilke of Bloomberg Government has more. (Source: Bloomberg)
Bloomberg Markets
Wei Li, global chief investment strategist at BlackRock, says, “right now, from a total portfolio perspective,” she prefers equities over credit and government bonds, however she does see “good income opportunities within fixed income that we do want to lean into.” (Source: Bloomberg)