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Bloomberg's Ashley Carman joins Romaine Bostick on "Bloomberg Deals." Unwell, the media company founded by popular podcast host Alex Cooper, has received an investment from Hollywood super agent Patrick Whitesell that values the firm at $500 million, according to people familiar with the deal. (Source: Bloomberg)
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Rebecca Homkes, lecturer at the London School of Economics, said that all CEOs are concerned about the state of the consumer, but how just concerned or optimistic they are varies by industry.
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CNH has been confined to a tight range and expect the Dollar to trade between 6.7430 and 6.7530 in the near term.
The Transport Workers Union, the largest airline union, has organized more fuelers in Orlando and looks to fleet service contract talks at American Airlines.
The International Energy Agency warns global oil markets face a 1.8 million barrel per day supply deficit, the largest in five years.
The USD/CHF pair edges higher by some 0.30% on Wednesday, refreshing ten-day highs of 0.8138, as the uptrend is poised to extend if it clears key resistance levels.
The standoff comes as Iran signals a tougher military posture and tensions continue around the strategically vital Strait of Hormuz, raising fresh doubts over prospects for a lasting peace.