Business News

Youth Unemployment Is Down, But So Is Labor Force…

About 60 percent of people ages 16-24 were either working or looking for work in July of this year.

Markets Right Now: Stocks open higher on Wall Street

Stocks are opening higher on Wall Street, following an upbeat finish last week, amid signs of progress in resolving the trade dispute between the U.S. and China

Thailand’s Economy Grows More Than Forecast

Aug.20 -- Thailand’s economy grew more than forecast in the second quarter, underpinned by solid export and investment gains. Gross domestic product rose 4.6 percent from a year ago, the National Economic and Social Development Board said. Bloomberg's Michelle Jamrisko reports on "Bloomberg Markets: Asia."

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Conoco says Venezuela will pay $2 billion arbitration award

U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute

Still Quite Positive on Thai Baht, Mizuho's Chang…

Aug.19 -- Wei Liang Chang, a foreign-exchange strategist at Mizuho Bank, talks about economies, monetary policies and currencies of Thailand and Indonesia. He speaks with Haidi Lun on "Bloomberg Markets: Asia."

Born out of the financial crisis, bull market nears record

The U.S. stock market is poised this week to pass a surprising milestone, rising for the longest, unbroken stretch of time in the history of U.S. stock trading.

China Is Said to Start New Round of Checks on P2P…

Aug.19 -- China has started a new round of checks on thousands of peer-to-peer lending sites, according to a document obtained by Bloomberg News, as authorities continue their efforts to clean up the industry. Bloomberg's Sam Mamudi reports on "Bloomberg Markets: Asia."

Stocks mostly rise on hope for progress on China…

Global stocks gain on hopes for progress on China-US trade issues

Big Questions on Global Growth Hang Over Jackson…

Aug.19 -- Leaders of global central banks will gather this week for the Federal Reserve’s annual policy symposium in Jackson Hole, Wyoming. With Fed Chairman Jerome Powell set to deliver a Friday morning speech, investors will be looking for clarity on a host of issues, ranging from the likely path of interest rates and balance sheet policy, to Powell’s take on emerging-market turmoil. Bloomberg's Enda Curran reports on "Bloomberg Daybreak: Asia."

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PepsiCo buys Israel's SodaStream for $3.2 billion

Beverage giant PepsiCo has bought Israel's fizzy drink maker SodaStream for $3.2 billion

U.S. Tariffs on $16 billion of Chinese Goods to…

Aug.19 -- U.S. is set to imposed tariffs on a further $16 billion on Chinese goods on Aug. 23, and China has promised to respond in kind. Still, Chinese and U.S. official are set to meet in Washington this week for talks. Separately, A.P. Moller-Maersk, the world’s biggest shipping company, says the U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war. Bloomberg's Ros Krasny reports.

Cliff house: Unique Swiss restaurant looks for…

One of Switzerland's most picturesque restaurants will soon be looking for new operators

Bull market in stocks poised to set record for longest ever

The bull market in stocks is poised this week to break the record as the longest in the history of U.S. trading.

US firms to Trump: Don't raise tariffs on more…

US businesses plead with Trump administration: Don't raise tariffs on more Chinese goods

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Colleges mull pushing for share of legal wagering proceeds

Colleges are looking for a way to get a piece of the action from sports betting

Iran oil minister: French oil giant Total pulls…

Iranian oil minister: France's oil giant Total SA pulls out of Iran after cancelling gas project.

Survey of economists: Some Trump policies could slow growth

Survey of economists: Trump tariffs and some other policies could slow growth