Wall Street is hungry for loans. Enter: burrito bonds
The partnership between DoorDash and Klarna to offer installment loans for food delivery is the latest effort to turn commerce into Wall Street-bound cash flows.
The partnership between DoorDash and Klarna to offer installment loans for food delivery is the latest effort to turn commerce into Wall Street-bound cash flows.
Former top Trump administration economic adviser Gary Cohn said some policy certainty from the Trump administration would be helpful to markets.
International Paper stock led gainers on the S&P 500 on Tuesday after the packaging maker outlined rosy growth projections at its annual investor day.
Crown Castle shares fell in intraday trading Tuesday after the provider of towers and other communications infrastructure announced it was firing Steven Moskowitz as its CEO after less than a year at the helm.
The Stock Led S&P 500 Decliners on Tuesday
(Bloomberg) -- Turkish President Recep Tayyip Erdogan is taking steps to ensure protests across the country don’t worsen and to contain a rout in financial markets, even as he turns the screws on opponents.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysParis Votes to Make 5
“The equity market is going to be caught in more of a trading range in the near term as...policy fears bounce us around,” Citi’s Kate Moore said.
U.S. equities mostly gained at midday on continued optimism about tariffs and a solid increase in home prices.
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Portuguese oil company Galp Energia's gasoline exports to the United States could be curtailed if U.S. President Donald Trump imposes tariffs on European goods, but the company is confident it can find alternative destinations. Executive Board member Ronald Doesburg, who is in charge of industrial assets, told Reuters on Tuesday that if U.S. demand for gasoline drops as a result of higher prices stemming from the proposed 25% tariffs, Galp will be able to deal with it.