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Bloomberg

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Global business and financial news, stock quotes, and market data. Breaking news on world markets, economics, politics, and business.

Engagement Insights

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Discussions from Bloomberg

Geopolitics

How might the recent Houthi attack on Saudi Arabia affect shipping and trade in the Red Sea region?

By Florence Tan SINGAPORE, July 27 (Reuters) - Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through the Strait of Hormuz stayed low over the weekend, shipping data from Kpler showed on Monday. Eleven commodity vessels passed through the Bab el-Mandeb strait on Sunday, the lowest level in months, the data showed

Saudi Arabia
Economy

How does the Federal Reserve's communication impact the economy and investors' trust in the market?

Federal Reserve Chairman Kevin Warsh's decision to abandon forward guidance on monetary policy is driving bond market volatility, with 30-year Treasuries selling off after Wednesday's rate decision, according to Torsten Slok, chief economist at Apollo Global Management. He speaks on Bloomberg Television's "The Fed Decides." (Source: Bloomberg)

United States