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Speaker Johnson Is 'Disenchanted' With Fed Chair Powell

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House Speaker Mike Johnson said he is “disenchanted” with Jerome Powell, as President Donald Trump keeps on pressuring the Federal Reserve chairman to lower interest rates. Johnson spoke to Bloomberg reporters and editors. Bloomberg’s Tyler Kendall reports. (Source: Bloomberg)



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Funding & Business

Ukraine Says Its Drone Struck Bashneft’s Novoil Refinery in Ufa

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Ukraine’s military intelligence unit struck the Bashneft PJSC Novoil oil refinery in Ufa, Bashkortostan, on Saturday, according to a person familiar with the operation.



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Funding & Business

Tricolor Considered Restructuring Before Its Sudden Demise

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While signs of distress at the subprime lender were largely unknown until this week, the company considered a Chapter 11 filing in August



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Funding & Business

Stock-Market Rally Is Built on Narrative That’s Loaded With Risk

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Bullish sentiment toward stocks is rampant in the US, as one Wall Street strategist after another raises their target for an S&P 500 Index that is repeatedly setting new records.



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