Market News
- Finland Must Continue to Consolidate Public Finances, Rehn Saysby Kati Pohjanpalo on May 2, 2026 at 8:43 am
Finland can no longer avoid or delay dealing with its growing public debt, Bank of Finland Governor Olli Rehn said.
- India's Woes Bigger Than Any One Political Figure, Amitav Ghosh Sayson May 2, 2026 at 8:07 am
"The problem for India goes beyond any one political figure." Amitav Ghosh tells Mishal Husain that India is struggling to find its role in the world amid continental competition from China, Russia and Iran. (Source: Bloomberg)
- Inside the Booming Market for Dinosaur Fossilsby Tracy Alloway, Joe Weisenthal on May 2, 2026 at 8:00 am
Why fossils are selling for millions to wealthy collectors.
- Odd Lots: Inside a Booming Market for Dinosaur Fossils (Podcast)by Tracy Alloway, Joe Weisenthal on May 2, 2026 at 8:00 am
Two years ago, Citadel’s Ken Griffin paid almost $45 million or a stegosaurus skeleton, making it the most expensive fossil ever sold at auction. So why are dinosaur bones joining the collections of millionaires instead of museums? How does the private market for fossils actually work? And how similar is it to the market for art and other antiquities? In this episode, we speak with Salomon Aaron, a director at London-based gallery David Aaron, where he is the gallery’s in-house broker for dinosa
- Spirit Shuts Operations After White House Bailout Collapses
Spirit Aviation Holdings Inc. is winding down operations after the troubled US discount carrier […]
- India-Linked Tanker Laden With Cooking Fuel Attempts Hormuz Exit
An India-linked supertanker laden with liquefied petroleum gas is attempting to transit the Strait […]
- Building 'The World's Alternative Investment Marketplace': Masters in Business
Barry speaks with Lawrence Calcano, chairman and CEO of iCapital about how he helped build the […]
- Wall Street Week | Warsh’s Fed, Vibe Coding, Geothermal Energy, Vegas Bets Big
This week, The Fed made its call this week, but Kevin Warsh may be about to change the institution […]
- Air Canada Pulls 2026 Outlook on Fuel Costs; Shares Drop
Air Canada suspended its full-year financial guidance because of the surge in jet fuel prices […]
- Stock Bulls Power Longest Weekly Rally Since 2024: Markets Wrap
A record-breaking run drove stocks to their longest weekly advance since 2024 amid hopes for a deal […]
- Gold Notches Second Weekly Loss as US-Iran Talks Hang in Limbo
Gold steadied as traders digested the latest developments in the standoff between the US and Iran […]
- Emerging Assets Climb on Iran’s New Proposal in Thin Trading
Emerging-market benchmarks for stocks and currencies advanced in thin holiday trading, as Iran […]
political news
- Russian Tuapse Oil Terminal Fire Extinguished After Attackby Deana Kjuka on May 2, 2026 at 10:34 am
The fire at a marine terminal in Russia’s Black Sea port of Tuapse has been extinguished following Friday’s Ukrainian drone strike, Krasnodar region emergency authorities said on Telegram.
- German Minister Says Europe Must Take More Onus on Security: DPAby Angela Cullen on May 2, 2026 at 9:13 am
German Defense Minister Boris Pistorius said Europe must assume greater responsibility for security in the region, while emphasizing the continued importance of shared military interests with the US.
- Trump Says Prefers Not to Strike Iran Even as Frustration Mountsby Arsalan Shahla on May 2, 2026 at 8:10 am
US President Donald Trump expressed frustration with Iranian negotiations but stopped short of threatening to end the brittle ceasefire between the countries and order fresh airstrikes.
- Mexican Governor Steps Down Temporarily After US Indictmentby Gonzalo Soto on May 2, 2026 at 6:48 am
The Mexican governor charged by the US over alleged drug-related crimes stepped down temporarily while investigations are underway.
- Spirit Shuts Operations After White House Bailout Collapsesby Allyson Versprille on May 2, 2026 at 6:37 am
Spirit Aviation Holdings Inc. is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by US President Donald Trump fell through.
- US Names Vietnam as ‘Priority’ Nation on IP Watch List
The US Trade Representative identified Vietnam as a top concern in a new report on intellectual […]
- Trump Rues State of Iran Talks, Says Prefers Not to Strike
President Donald Trump expressed displeasure with the current state of negotiations with Iran but […]
- Trump Vows 25% Tariff on European Autos in Escalating Trade Rift
President Donald Trump said he was raising tariffs on cars and trucks from the European Union to […]
- Trump Administration to Appeal Ruling on NYC Congestion Toll
President Donald Trump’s administration is continuing its push to end New York City’s […]
- Trump Ramps Up Pressure on Cuba With Fresh Sanctions Push
President Donald Trump imposed new sanctions on top Cuban officials, the White House said, part of […]
Wealth
- Inside the Booming Market for Dinosaur Fossilsby Tracy Alloway, Joe Weisenthal on May 2, 2026 at 8:00 am
Why fossils are selling for millions to wealthy collectors.
- Odd Lots: Inside a Booming Market for Dinosaur Fossils (Podcast)by Tracy Alloway, Joe Weisenthal on May 2, 2026 at 8:00 am
Two years ago, Citadel’s Ken Griffin paid almost $45 million or a stegosaurus skeleton, making it the most expensive fossil ever sold at auction. So why are dinosaur bones joining the collections of millionaires instead of museums? How does the private market for fossils actually work? And how similar is it to the market for art and other antiquities? In this episode, we speak with Salomon Aaron, a director at London-based gallery David Aaron, where he is the gallery’s in-house broker for dinosa
- Ares Sticking to New Wealth Targets Despite Credit Jittersby Laura Benitez on May 1, 2026 at 5:23 pm
Ares Management Corp. remains confident it can raise $125 billion from wealth clients by 2028, even as the broader private credit market grapples with redemptions from individuals.
- We Can Easily Fix What’s Broken About Britainby John Stepek on May 1, 2026 at 1:21 pm
Under the bonnet, the private sector is in good shape and raring to go.
- New York’s Ultra-Rich Defend Citadel’s Griffin As Penthouse Dig Turns Personalby Amanda L. Gordon on May 1, 2026 at 10:45 am
The press release from Zohran Mamdani declaring New York City’s first pied-à-terre tax cited a $238 million penthouse in Midtown bought by one Ken Griffith.
Tech & Innovation
- Inside the Booming Market for Dinosaur Fossils | Odd Lotson May 2, 2026 at 8:12 am
Two years ago, Citadel's Ken Griffin paid almost $45 million for a stegosaurus skeleton, making it the most expensive fossil ever sold at auction. So why are dinosaur bones joining the collections of millionaires instead of museums? How does the private market for fossils actually work? And how similar is it to the market for art and other antiquities? In this episode, we speak with Salomon Aaron, a director at London-based gallery David Aaron, where he is the gallery's in-house broker for dinosaur fossils. We talk about how fossils are found and priced, what it's like to work alongside dinosaur hunters, how his gallery identifies potential buyers, and why Joe thinks something about the birds-to-dinosaurs evolutionary pipeline is off. (Source: Bloomberg)
- Chinese Court Rules Firms Can’t Lay Off Workers on AI Groundsby Victor Swezey on May 2, 2026 at 8:10 am
A Chinese court ruled that companies cannot terminate employees just to replace them with artificial intelligence systems, as authorities juggle the need to stabilize the domestic labor market with a global race to develop AI technologies.
- Musk’s Trial Against OpenAI Hits Some Rough Spots in First Weekby Madlin Mekelburg on May 2, 2026 at 12:24 am
Elon Musk set out to tell a jury that his falling out with OpenAI was a simple tale of betrayal.
- EBay Soars on Report GameStop Is Preparing Takeover Bidby Spencer Soper, Cecilia D'Anastasio on May 1, 2026 at 9:50 pm
EBay Inc. jumped more than 15% in after-hours trading on Friday after the Wall Street Journal reported that video-game retailer GameStop Corp. is preparing a bid for the company.
- Fmr. BET CEO Debra Lee on Media Landscape, Handbag Lineon May 1, 2026 at 8:45 pm
Former BET Chair & CEO Debra Lee discusses the changing media landscape, why good content will always find its audience, and her new luxury handbag line. She talks with Romaine Bostick for "The Close." (Source: Bloomberg)
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