Global Commodity Financial News

A ceasefire between Israel and Hezbollah in Lebanon and news that Iran allegedly decided to reopen the Strait of Hormuz to commercial shipping sent risky assets surging anew on Friday. This surge extended a rally that pushed the S&P 500 to a fresh record and fueling its biggest monthly advance since 2020. Bloomberg TV Anchor Dani Burger and Bloomberg Intelligence Senior Commodity Strategist Mike McGlone join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)

The war in Iran is putting pressure on global energy markets, but its broader economic impact could be even farther-reaching. Former US Treasury Secretary Hank Paulson says the conflict is likely to push inflation higher, keep interest rates elevated, and strain industries from airlines to agriculture. At the same time, Paulson highlights rising sovereign debt and a fragile US-China relationship as key vulnerabilities, arguing that while the US economy remains resilient, the longer-term risks are mounting. (Source: Bloomberg)

The former Treasury Secretary says the US will weather fallout from the war better than anyone

Iran broadcast to ships in the Strait of Hormuz that the vital oil and gas channel is closed to maritime traffic again, with owners reporting gunfire in the waterway less than 24 hours after the nation’s foreign minister declared it open. Bloomberg News White House Correspondent Jeff Mason, Jerusalem Reporter Dan Williams and The Associated Press' International Correspondent Philip Crowther join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)

Iran on Saturday reimposed restrictions on vessel traffic through the Strait of Hormuz and Israel attacked targets in Lebanon, undermining expectations of an imminent peace deal touted by US President Donald Trump.

HDFC Bank Ltd. reported better-than-expected results on the back of strong loan growth at India’s largest private sector lender.

Maybe it really is a threat to work.

Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the same lens. Yes, there will be pain in some sectors, but then there will be productivity gains and new sources of demand and new opportunities for labor that we can’t conceive of yet. But could it be different this time? Could AI be disruptive in a manner that, say, the steam engine was not? On this

President Donald Trump said a deal with Iran to end the seven-week war may be imminent though disagreements remain, with Tehran pushing back against US claims that it had agreed to give up its enriched uranium.

Deutsche Lufthansa AG’s 100th anniversary bash this week had all the elements of a picture-perfect party. The sun was out, flight attendants in polished vintage uniforms greeted guests, and Chief Executive Officer Carsten Spohr beamed on stage with German Chancellor Friedrich Merz.