Michael Bloomberg
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Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
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New York City Tops Forbes Billionaires List 2025, Mumbai With 67 Billionaires Ranks...
New York City is leading the pack, boasting 123 billionaires worth $759 billion, followed by Moscow and Hong Kong.
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Billionaire Michael Bloomberg To Fund UN Climate Change Body After US Withdrawal
Bloomberg's intervention aims to ensure the United Nations Framework Convention on Climate Change (UNFCCC) remains fully funded despite the United States halting its contributions.
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Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.
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Trump's Latest Problem? Republicans For Harris: Patricia Lopez
Michael Brodkorb, former deputy chair of Minnesota Republican Party, is part of a growing wave that could affect the outcome of the November election: lifelong Republicans who have broken with Donald Trump to support Vice President Kamala Harris.
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This Billionaire CEO's Wealth Dropped By $11.7 Billion In A Single Day
The 59-year-old tech billionaire now ranks 13th on the Bloomberg Billionaires Index with a net worth of $107.1 billion.
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Rishi Sunak Blindsided His Own Finance Minister With Sudden UK Poll Call
UK Poll: UK Prime Minister Rishi Sunak's decision to stake the Conservative Party's future on a rare summer election was so secret that even his chancellor of the exchequer, Jeremy Hunt, appeared surprised by the plan.
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This Country Is Slapping $1,000 Tax On Travellers From India, Africa
El Salvador is charging passengers from Africa or India a $1,000 fee, in an apparent bid to curb migration to the US through the Central American country.
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Why Germany Is Striking Deals To Bring In Indian Workers
Sipping Turkish black tea outside the doner shop he runs in the Berlin neighborhood of Kreuzberg, Faruk Can reflected on the many new faces he'd noticed in the area.
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Samsung Considers Replacing Google With Microsoft's Bing as Devices' Default Search Service: Report
Samsung is considering switching Google with Microsoft's Bing as the default search engine on the company's smartphones, as per a New York Times report. Bing has been updated in recent months with support for OpenAI-backed AI technology that allows for ChatGPT-like results in a conversational format.
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Disney Promotes Hulu Chief Joe Earley to Run Its Streaming Business
Walt Disney has promoted Hulu Chief Joe Earley as president of its direct-to-consumer business, a role that includes responsibility for the company’s Disney+ and Hulu streaming services. After joining Disney in 2019, he was elevated to president of Hulu last year and will continue to run that service until a full-time manager is appointed. CEO Bo...
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Apple Said to Reshuffle International Business to Make India Its Own Region Amid Surge in Demand
Apple is said to be shaking up its international sales operations as part of the company's efforts to make India its own region. The company's India head, Ashish Chowdhary, will now report directly to Michael Fenger, Apple’s head of product sales. Apple posted record revenue in India last quarter, even as its total sales slipped 5 percent.
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Apple Cloud Services Chief Michael Abbott to Step Down Next Month: Report
Apple’s top executive Michael Abbott, who is in charge of cloud services, is leaving the company in April, Bloomberg News reported on Friday citing people familiar with the matter. Abbott joined Apple in 2018 and previously held top roles at Twitter and Palm, and was a partner at venture capital firm Kleiner Perkins.
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Olaf Scholz Asks More Indian Techies To Consider Working In Germany
German Chancellor Olaf Scholz, wrapping up a two-day visit to India, urged the country's IT specialists and other skilled workers to consider working in Germany.
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US States Shelve Plans To Accept Bitcoin Tax Payments Amid Crypto Crash
Two US states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else in the wake of the crash that has erased hundreds of billions of dollars worth of digital assets.
-
Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
-
New York City Tops Forbes Billionaires List 2025, Mumbai With 67 Billionaires Ranks...
New York City is leading the pack, boasting 123 billionaires worth $759 billion, followed by Moscow and Hong Kong.
-
Billionaire Michael Bloomberg To Fund UN Climate Change Body After US Withdrawal
Bloomberg's intervention aims to ensure the United Nations Framework Convention on Climate Change (UNFCCC) remains fully funded despite the United States halting its contributions.
-
Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.
-
Trump's Latest Problem? Republicans For Harris: Patricia Lopez
Michael Brodkorb, former deputy chair of Minnesota Republican Party, is part of a growing wave that could affect the outcome of the November election: lifelong Republicans who have broken with Donald Trump to support Vice President Kamala Harris.
-
This Billionaire CEO's Wealth Dropped By $11.7 Billion In A Single Day
The 59-year-old tech billionaire now ranks 13th on the Bloomberg Billionaires Index with a net worth of $107.1 billion.
-
Rishi Sunak Blindsided His Own Finance Minister With Sudden UK Poll Call
UK Poll: UK Prime Minister Rishi Sunak's decision to stake the Conservative Party's future on a rare summer election was so secret that even his chancellor of the exchequer, Jeremy Hunt, appeared surprised by the plan.
-
This Country Is Slapping $1,000 Tax On Travellers From India, Africa
El Salvador is charging passengers from Africa or India a $1,000 fee, in an apparent bid to curb migration to the US through the Central American country.
-
Why Germany Is Striking Deals To Bring In Indian Workers
Sipping Turkish black tea outside the doner shop he runs in the Berlin neighborhood of Kreuzberg, Faruk Can reflected on the many new faces he'd noticed in the area.
-
Samsung Considers Replacing Google With Microsoft's Bing as Devices' Default Search Service: Report
Samsung is considering switching Google with Microsoft's Bing as the default search engine on the company's smartphones, as per a New York Times report. Bing has been updated in recent months with support for OpenAI-backed AI technology that allows for ChatGPT-like results in a conversational format.
-
Disney Promotes Hulu Chief Joe Earley to Run Its Streaming Business
Walt Disney has promoted Hulu Chief Joe Earley as president of its direct-to-consumer business, a role that includes responsibility for the company’s Disney+ and Hulu streaming services. After joining Disney in 2019, he was elevated to president of Hulu last year and will continue to run that service until a full-time manager is appointed. CEO Bo...
-
Apple Said to Reshuffle International Business to Make India Its Own Region Amid Surge in Demand
Apple is said to be shaking up its international sales operations as part of the company's efforts to make India its own region. The company's India head, Ashish Chowdhary, will now report directly to Michael Fenger, Apple’s head of product sales. Apple posted record revenue in India last quarter, even as its total sales slipped 5 percent.
-
Apple Cloud Services Chief Michael Abbott to Step Down Next Month: Report
Apple’s top executive Michael Abbott, who is in charge of cloud services, is leaving the company in April, Bloomberg News reported on Friday citing people familiar with the matter. Abbott joined Apple in 2018 and previously held top roles at Twitter and Palm, and was a partner at venture capital firm Kleiner Perkins.
-
Olaf Scholz Asks More Indian Techies To Consider Working In Germany
German Chancellor Olaf Scholz, wrapping up a two-day visit to India, urged the country's IT specialists and other skilled workers to consider working in Germany.
-
US States Shelve Plans To Accept Bitcoin Tax Payments Amid Crypto Crash
Two US states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else in the wake of the crash that has erased hundreds of billions of dollars worth of digital assets.
