Shipping Oil Through Hormuz Costs $20 Million, Total CEO Says

Wells Fargo’s Sarah House says Chair Kevin Warsh may use Jackson Hole to focus on longer-term questions facing the Federal Reserve rather than signal the next move on interest rates. She also discusses alternative…

Claudia Sahm, New Century Advisors chief economist, argues that the US Treasury's strategic debt buyback operations will only have a temporary, limited impact on markets. She speaks on Bloomberg Open Interest. (Source:…

Once high-flying fast-fashion retailer is listing in Hong Kong at quarter of peak value after years of false starts

The Treasury Department’s efforts to restrain long-term borrowing costs through bond buybacks amount to “financial repression” that risks weakening the dollar and fueling inflation, according to Citadel Securities.

Bloomberg Opinion columnist Daniel Moss says central banks need enough independence to make painful economic decisions, but autonomy cannot mean freedom from consequences. They ultimately answer to the public, not one…

Political and fiscal uncertainty in the US is prompting investors to again turn nervous toward the dollar. As some have offloaded the currency, alternative assets such as Bitcoin and gold have seen their value soar.