Market News
- Danny Funt Details 'Whole New Ballgame' of Online Sports Gambling in 'Everybody Loses'
on April 1, 2026 at 9:52 pmDanny Funt, author of 'Everybody Loses: The Tumultuous Rise of American Sports Gambling,' said that online sports betting is a 'whole new ballgame' as the ability to make thousands of real time bets 24/7 has ballooned over the last decade, outpacing any attempt to regulate sportsbooks. Funt detailed how sports leagues changed their tune on betting when officials learned that gambling could revitalize struggling media deals and make a windfall for major sports. Funt also talked about the meteoritic rise of prediction markets as regulators question what counts as gambling. (Source: Bloomberg)
- War 'Uncertainty' is More Challenging Playbook Than Downturn, Says Rebecca Homkes
on April 1, 2026 at 9:46 pmRebecca Homkes, lecturer at the London Business School and faculty at Duke Corporate Executive Education, discussed the uncertainty and volatility in the economic landscape as war with Iran drags on. She said that for executives, the straightforward playbook for dealing with a downturn is easier than making decisions within uncertainty of not knowing what kind of economic fallout to expect from a war that could end next week or next month. (Source: Bloomberg)
- Fmr. Boston Fed Pres.: Expect 'Reasonably Good' Jobs Data Friday
on April 1, 2026 at 9:43 pmFormer Boston Federal Reserve President Eric Rosengren discusses the impending jobs report due Friday, saying he expects 'Reasonably good' jobs numbers. He talks with Katie Greifeld and Bailey Lipschultz on "The Close." (Source: Bloomberg)
- Fmr. US Saudi Arabia Ambassador on What's Next for Iran
on April 1, 2026 at 9:32 pmCenter for Strategic & International Studies Senior Adviser Michael Ratney discusses the situation in the Middle East and previews President Trump's expected Wednesday night address. He talks with Bailey Lipschultz and Katie Greifeld on "The Close." (Source: Bloomberg)
- ASX’s Risk, Compliance Practices ‘Need to Mature,’ Probe Finds
ASX Ltd.’s risk and compliance failures could potentially have serious consequences that […]
- Novo VP Weighs In on Approval of Lilly’s Obesity Pill
Jamey Millar, executive vice president, US operations of Novo Nordisk, reacts to Eli Lilly’s […]
- Novo’s New US Chief on Lilly’s Rival Weight-Loss Pill
Novo Nordisk Executive Vice President for US Operations Jamey Millar discusses the US approval of […]
- KKR Curbs Redemptions in Non-Traded Private Credit Retail Fund
KKR & Co.’s non-traded business development company KKR FS Income Trust, a type of private […]
- Stocks Extend Rally on War-End Optimism, Oil Falls: Markets Wrap
US stocks rallied for a second day as hopes grew that the war in the Middle East may be nearing a […]
- Gold Extends Gains on Rate-Cut Bets and Hopes of War Nearing End
Gold rose for its fourth straight session as traders bet the Federal Reserve may need to cut […]
- Emerging Assets Rebound as War De-escalation Hands Sliver of Hope
Emerging-market stocks rallied the most since 2022 as optimism about a possible end to the war in […]
- Oil Falls in Choppy Trade Ahead of Trump Speech on Iran War
Oil fell in a volatile session, with traders focused on whether US President Donald Trump will soon […]
political news
- ICE Tells Lawmakers It’s Using Spyware in Fight Against Fentanyl
by Ryan Gallagher on April 1, 2026 at 9:31 pmUS Immigration and Custom Enforcement has said it purchased spyware designed to hack phones and access encrypted messages as part of an effort to counter the flow of fentanyl into the US.
- US, Israel Continue Attacks on Iran’s Civilian Infrastructure
by Golnar Motevalli on April 1, 2026 at 9:23 pmAirstrikes are hitting residential areas and industrial facilities, according to reports from inside Iran.
- US to Set 25% Tariff on Finished Steel, Aluminum Goods, WSJ Says
by Courtney Subramanian on April 1, 2026 at 9:17 pmThe Trump administration is preparing to set a tariff rate of 25% on finished products made with imported steel and aluminum, according to the Wall Street Journal, an effort to streamline levies on metals and make it easier for companies to navigate President Donald Trump’s import taxes.
- Trump Confronts Two Legacy-Defining Issues: Immigration and War
by Ted Mann on April 1, 2026 at 8:31 pmThe president watched court arguments and is set to give address tonight
- Velasco Poised to Be Top Mexico Diplomat After Minister Resigns
by Alex Vasquez, Gonzalo Soto on April 1, 2026 at 8:24 pmMexico’s Deputy Minister for North America Roberto Velasco is poised to take the top role as Foreign Minister as outgoing head Juan Ramon de la Fuente prepares to step down, according to people with direct knowledge of the matter.
- Bolivia Halts Vitol, Trafigura Contracts Over Fuel Problems
Bolivia’s government has suspended its gasoline supply contracts with traders Vitol and Trafigura […]
- European Stocks Rally Most in a Year on Hopes Conflict Will Ease
European stocks jumped the most in a year, recouping some of last month’s losses as hopes grew […]
- US Allies Weigh Iran Outreach and Sanctions to Open Hormuz
A coalition of US allies is preparing a diplomatic push to persuade Iran to open the Strait of […]
- NATO Worries Trump Will Weaken Alliance as US Threatens Exit
European allies are skeptical Donald Trump will actually pull the US out of NATO. But they still […]
- Half of South Africa Wastewater Plants Deemed in Critical State
Almost half of South Africa’s wastewater facilities are in a critical state, raising the risk of […]
Wealth
- What Berkeley’s Woes Tell Us About UK Housing
by John Stepek on April 1, 2026 at 1:36 pmGeopolitics is revealing just how vulnerable the housing market is to interest rate uncertainty.
- Billionaire Nelson Peltz Plans AI Makeover for Janus Henderson
by Loukia Gyftopoulou on April 1, 2026 at 1:17 pmNow that Nelson Peltz has won a surprise bidding war for Janus Henderson Group Plc, the activist investor can start to revamp the $493 billion asset manager he has circled for years.
- The Hottest Premium Credit Card Perk Is Wearable Fitness Trackers
by Cam Baker, Samantha Kelly on April 1, 2026 at 12:45 pmAs credit card companies with lofty fees compete for affluent consumers, the hottest new perks are wearable devices for tracking health, fitness and sleep.
- Drone Firm Backed by Trump Sons Is Pitching UAE on Weapons Deal
by Annie Massa, Ben Bartenstein on April 1, 2026 at 12:40 pmPowerus, a drone company backed by President Donald Trump’s eldest sons, has met with officials in Abu Dhabi to discuss selling weapons to the United Arab Emirates as the country looks to shore up its defense systems against attacks from Iran, according to people with knowledge of the matter.
- US Retail Sales Rise by More Than Forecast in Broad Advance
by Julia Fanzeres on April 1, 2026 at 12:32 pmUS retail sales rebounded by more than forecast in February in a broad advance as consumers stepped up spending after a slow start to the year.
Tech & Innovation
- Anthropic Executive Sees Cowork Agent as Bigger Than Claude Code
by Shirin Ghaffary on April 1, 2026 at 9:39 pmA top Anthropic PBC executive expects the company’s general-purpose artificial intelligence agent, Cowork, to reach a wider market than Claude Code, the hit product that helped turn the startup into an AI juggernaut.
- ICE Tells Lawmakers It’s Using Spyware in Fight Against Fentanylby Ryan Gallagher on April 1, 2026 at 9:31 pm
US Immigration and Custom Enforcement has said it purchased spyware designed to hack phones and access encrypted messages as part of an effort to counter the flow of fentanyl into the US.
- Microsoft CFO’s AI Spending Runs Up Against Tech Bubble Fears
by Brody Ford, Matt Day on April 1, 2026 at 9:00 pmAfter making a controversial call to pause some data center development last year, Amy Hood is navigating one of the toughest jobs in tech.
- Anthropic Executive Blames Claude Code Leak on ‘Process Errors’
by Shirin Ghaffary on April 1, 2026 at 8:03 pmAnthropic PBC’s accidental release of source code for its popular AI coding agent was the result of “process errors” related to the startup’s fast product release cycle, according to a senior executive at the company.
- Morgan Stanley's Miles Discusses M&A, AI Disruption
on April 1, 2026 at 7:59 pmTom Miles, global co-head of M&A at Morgan Stanley, joins Dani Burger on "Bloomberg Deals." They discuss Global M&A and AI disruption. (Source: Bloomberg)
