Trade War Is Keeping Tourists Out of America

Trade War Is Keeping Tourists Out of America

The US economy is expected to lose billions of dollars in revenue in 2025 due to a decline in foreign tourism and boycotts of American…

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Citigroup’s Traders Beat Expectations on Wave of Volatility

Citigroup’s Traders Beat Expectations on Wave of Volatility

Citigroup Inc.’s traders surpassed expectations in the first quarter, notching $6 billion in revenue for the period, helped by an 8% jump in fixed income…

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BofA Stock Traders Post a Record Quarter of Revenue

BofA Stock Traders Post a Record Quarter of Revenue

Bank of America’s revenue from equity trading rose 17% to $2.18 billion in the first three months of the year as stock traders posted a…

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Virginia Gov. Youngkin Says Government Downsizing Is Necessary

Virginia Gov. Youngkin Says Government Downsizing Is Necessary

Virginia Governor Glenn Youngkin, a Republican, says the efforts led by President Donald Trump’s Department of Government Efficiency are necessary and the government needs to…

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KKR's "White Knight" Strategy in Buying Assets

KKR’s “White Knight” Strategy in Buying Assets

Henry McVey, KKR’s Head of Global Macro and Asset Allocation joined Wall Street Beat on Bloomberg Open Interest to talk about KKR’s activism strategy. ——–…

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Stocks Rise Tentatively After Sectoral Tariff Talk | Bloomberg Brief 04/15/2025

Stocks Rise Tentatively After Sectoral Tariff Talk | Bloomberg Brief 04/15/2025

US equities rise slightly as the Trump administration says it has initiated probes into semiconductors and pharmaceuticals ahead of imposing sectoral tariffs. Trump also touted…

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Hermès Takes Throne from LVMH, Stocks Boosted by Auto Tariff Reprieve | The Opening Trade 04/15

Hermès Takes Throne from LVMH, Stocks Boosted by Auto Tariff Reprieve | The Opening Trade 04/15

Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth…

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