Economy
In Spain and Italy, Banks Drive a Long-Awaited Stocks Recovery
It’s been about 17 years since banks sent global equity benchmarks plunging to distressed levels during the financial crisis. In Spain and Italy, an unstoppable surge in shares of the country’s biggest lenders is finally wiping out those losses.
Economy
Indian Finance Minister Sees Continued Economic Growth Momentum
India’s growth momentum is set to continue, and the government expects the economy to expand by at least 7% in the financial year through March, Finance Minister Nirmala Sitharaman said.
Economy
Indonesia Halts Agincourt, PTPN III Operations After Floods
Indonesia suspended the operations of three companies in Sumatra, saying it would probe whether their land-clearing activities helped trigger the deadly floods and landslides that killed hundreds on the island.
Economy
Japan’s Bear-Related Casualties Hit Record on Escalating Attacks
A record 230 were killed or injured by bears in Japan since April, putting more pressure on the government to intervene as the animals push deeper into areas where people live.
Economy
Netflix’s $5.8 Billion Breakup Fee for Warner Among Largest Ever
Netflix Inc.’s $72 billion acquisition of Warner Bros. Discovery Inc. includes one of the biggest breakup fees of all time — a $5.8 billion penalty that Netflix has agreed to pay its target if the deal falls apart or fails to win regulatory approval.
Economy
Miami’s Housing Supply Shortage Hits Affordability, Codina Says
South Florida faces a growing affordability problem as housing demand outstrips supply, according to Ana-Marie Codina, whose family firm develops master-planned communities in the region.
Economy
Private Market FOMO Over AI Will Lead to Mistakes, Bravo Says
The rapid advancement of artificial intelligence technology is stirring up “enormous” anxiety among investors, as firms struggle to judge which tech companies are worth the risk, according to Thoma Bravo founder Orlando Bravo.
Judge finalizes remedies in Google antitrust case
A U.S. judge on Friday finalized his decision for the consequences Google will face for its search monopoly ruling, adding new details to the decided remedies.
SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Elon Musk's SpaceX is reportedly launching an insider share sale that could value the company as high as $800 billion.
Economy
Rattner: US Can’t ‘Out-Negotiate’ China
Willett Advisors’ Steven Rattner joins Wall Street Week after returning from China to share his view of an economy running at two speeds – weak consumption but booming tech. He discusses how China is overtaking the US in electric vehicles, biotech, and AI, and why tariffs are unlikely to stop that
Economy
Millennium, Jane Street Show HK’s Lure for Key IPO Investors
The blistering rebound in Hong Kong listings this year has lured a wave of big names into the role of cornerstone investors.
Economy
Stocks Rise on Soft September Data That Boosts Rate-Cut Bets | The Close 12/5/2025
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are ADP’s Nela Richardson, Wells Fargo Investment’s Paul Christopher, Seaport Research Partners’ David Joyce, SPG Global’s Simon G
Economy
FIFA Cup May be Biggest-Ever Sporting Event: Alex Lasry
Alex Lasry, CEO of FIFA World Cup 26 NYNJ, says the World Cup final could be the biggest event in human history, telling Romaine Bostick and Katie Greifeld on “The Close” it will surpass even a Super Bowl or a Taylor Swift concert. (Source: Bloomberg)
Economy
Build-A-Bear CEO: 'No Way Around' Tariff Impact
Sharon Price John, Build-A-Bear Workshop President & CEO, says strong preemptive actions in the first half will create a tough comparison next year. She tells “The Close” that tariff-affected product will still run through the company’s system in the first half of 2026, with no real way around it. (
Economy
'Hidden Gem' in Netflix-Warner is Ad Team: Mark Douglas
Mark Douglas, MNTN CEO, says CNN can’t stand on its own and hopes it finds a new home, adding that it doesn’t make sense for Netflix to enter that space. He tells “The Close” that he hopes Netflix uses its resources to take franchises like Game of Thrones and The White Lotus even further. (Source: B
Economy
Netflix Will ‘Scale Up' as Needed With Warner: Gallagher
Simon Gallagher, SPG Global managing director and former Hulu/Netflix exec, says Warner would be exponentially more valuable inside Netflix. He tells “The Close” that Warner Bros. and HBO could operate as silos within Netflix to produce more premium, high-value content tied to their iconic brands. (
Economy
What Happens to WBD's Properties Amid Netflix Deal
Warner Bros. Discovery told employees its board approved Netflix’s acquisition of Warner Bros., with the deal contingent on regulatory clearance. Netflix says it will maintain HBO Max and HBO as part of the deal. Warner Bros. Discovery cable properties including CNN, TNT, Discovery and TBS will be s
Economy
Carvana, CRH, Comfort Systems to Join S&P 500 in Rebalancing
CRH Plc, Carvana Co. and Comfort Systems USA Inc. were selected for inclusion to the S&P 500.
Economy
Hungary Outlook Cut to Negative at Fitch on Election Budget
Fitch Ratings cut the outlook on Hungary’s credit score to negative from stable, after a loosening of budget targets to accommodate Prime Minister Viktor Orban’s pre-election spending.
Salesforce shares pop 5%, continuing post-earnings rally and pushing stock to best week since 2023
Salesforce pops 5% after earnings beat, aiming for best week since 2023