• Mar 18, 2025

Fed Day Takes on New Meaning in Stock Market Transfixed by Trump

(Bloomberg) -- This isn’t the Fed’s stock market anymore. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsFor years, Federal Reserve meetings have been the main event on Wall Street as the central bank fought to contain runaway inflation. Traders carefu

  • Mar 18, 2025

Nasdaq Unveils Plan to Open a Regional Headquarters in Dallas

(Bloomberg) -- Nasdaq Inc. said it will open a new regional headquarters in Dallas to serve as a hub for clients in Texas, and is planning additional investments in the state.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsThe exchange operator generate

  • Mar 18, 2025

Hedge-Fund Momentum Bets Crater All at Once in Volatile Markets

(Bloomberg) -- One of the simplest hedge-fund strategies is misfiring this year as once-reliable trends, like betting on Big Tech and the outperformance of the US economy, crater en masse. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsMomentum investi

  • Mar 18, 2025

Nasdaq to open Texas headquarters as companies relocate to state

Elon Musk-led Tesla and SpaceX, as well as tech giants Oracle and Hewlett Packard Enterprise, have all moved to the Lone Star State, attracted by a favorable tax climate, lower costs of living and reduced energy costs. For Nasdaq, the move could also help it better compete with the New York Stock Exchange — which last month committed to launching an exchange in the state — and the Texas Stock Exchange, a venture backed by BlackRock and Citadel Securities, which is gearing up for a launch early next year.

  • Mar 18, 2025

Indonesian Stock Swoon Rattles Traders, Triggers Circuit Breaker

(Bloomberg) -- At the market open in Jakarta, it looked bad — but the kind of losses that wouldn’t raise traders’ eyebrows given the volatile nature of Indonesian stocks.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsThen it got worse. Selling intensif