Rising imports of oil by China pose another risk to the price of crude

Stocks Climb on US-China Optimism, Copper's AI Bppm

Get a jump start on the US trading day with Dani Burger and Michael Ball on "Bloomberg Open Interest." Stocks rally and oil drops as investors look to diplomacy, with President Trump and China’s Xi…

2h ago ·bloomberg.com

What does the EU have that the U.S. does not?

European assets may offer investors advantages that are being overlooked as markets remain heavily focused on U.S. technology leadership, according to Macquarie Global Strategy, which sees structural…

• European luxury goods market valued at $1.6 trillion, projected to exceed $2 trillion by 2030
• Europe generates $1 trillion in international tourism revenue, five times U.S. level
• European companies employ AI at 37%, matching U.S. usage and often surpassing in robotics

2h ago ·hellenicshippingnews.com

Fed’s Goolsbee says inflation may require faster rate hikes

The Federal Reserve may need to raise interest rates more aggressively if inflation proves to be primarily driven by demand rather than supply issues, Chicago Fed President Austan Goolsbee said on…

• Fed President Goolsbee suggests faster rate hikes if inflation is demand-driven
• Overheated demand, especially in services, may be primary inflation cause
• Current unemployment rate nears full employment, tightening labor market

2h ago ·hellenicshippingnews.com