Funding & Business
US and EU Leaders Shake Hands Following Trade Deal
President Trump shakes hands with EU Commission President Ursula von der Leyen following trade deal. The deal will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy. (Source: Bloomberg)
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Larry Ellison briefly surpassed Elon Musk to become the world’s richest person Wednesday after a jump in Oracle shares added a record amount to his fortune. (Source: Bloomberg)
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The US Securities and Exchange Commission is getting closer to making a decision about whether asset managers can offer ETFs as share classes of mutual funds, according to Kaitlin Bottock, assistant director at the regulator’s division of investment management.
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Funding & Business
Klarna Surges After IPO, Ellison Now World's Richest | Bloomberg Businessweek Daily 9/10/2025
On today’s episode of Bloomberg Businessweek Daily, Lisa Mateo and Jess Menton discuss President Donald Trump appealing judge’s order blocking him from firing Federal Reserve Governor Lisa Cook. Bloomberg’s Michael McKee drops by to break it down. Also on today’s show, BMO Capital Markets Senior Economist Jennifer Lee talks an unexpected PPI print as investors await August CPI, Bloomberg Tech co-host Caroline Hyde discusses Oracle and OpenAI signing a $300 billion computing deal as Larry Ellison surpasses Elon Musk to become the world’s richest person. Bloomberg’s Bailey Lipschultz talks Klarna shares climbing after an impressive IPO, and MARA Holding Chief Executive Officer Fred Thiel analyzes the energy needs and regulatory outlook for crypto. (Source: Bloomberg)
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