• Jan 14, 2025

Trump Tariff Threat Starts to Ripple Through Canadian Oil Sector

(Bloomberg) -- US President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada — a threat that has been looming for more than a month — is finally starting to disrupt Canada’s oil industry.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesCanadian crude prices and shares of the country’s producers had largely shrugged off the danger of an energy trade war sinc

  • Jan 14, 2025

Carnival (CCL) Is Emerging from Uncertain Market Waters Stronger

As the cruise sector sets sail in 2025, investors will be feeling a lot more confident than they did just five years ago, when revenues were cut to zero overnight as lockdowns and pandemic restrictions kicked in. However, many of these companies have seen strong recoveries since then, and I expect Carnival (CCL) to keep its momentum going for quite some time to come. With strong demand levels, a solid-looking balance sheet, and further improvements in the pipeline, I’m bullish. Considering the I

  • Jan 14, 2025

CFTC Reviews Crypto.com Super Bowl Contracts, Seeks Pause

(Bloomberg) -- The Commodity Futures Trading Commission put Super Bowl and other sports-related derivatives contracts traded on Crypto.com’s exchange under review to determine whether they meet legal standards.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesThe agency said in a statement Tuesday it asked the company to pause trading of the contracts, which were launched on Dec

  • Jan 14, 2025

Wall Street bankers say merger outlook has already jumped in 2025

Wall Street bankers are already upbeat about a revival in mergers and acquisitions this year that will buoy broader investment banking activity. It may take some time for deals to materialize, but buyouts including bank deals could gain momentum in the second half of 2025.

  • Jan 14, 2025

Milei Lowers Peso Crawling Peg to 1% After Inflation Stabilizes

(Bloomberg) -- Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in February after fresh inflation data paved the way for the policy change. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesTuesday’s move marks President Javier Milei’s first shift in the currency policy, known as a crawling peg, in more than a

  • Jan 14, 2025

Oil Dips From Five-Month High as Gaza Ceasefire Draws Closer

(Bloomberg) -- Oil slipped from a five-month high as Hamas and Israel tentatively agreed to a cease-fire, cooling a rally fueled by risks to Russian and Iranian supplies. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesWest Texas Intermediate retreated 1.7% to settle at $77.50 a barrel after CBS reported Israel and Hamas agreed in principle to a draft deal for a cease-fire and