Global Commodity Financial News

Mexican airlines can expand service to US cities after Washington lifted restrictions that blocked new routes from Mexico City’s two biggest airports.

Andrew Benin, CEO of Graza, said the company’s appeal starts with the quality of its olive oil, while its squeezable bottle helped make the product approachable and popular. Benin emphasized sourcing transparency: bottles identify the oil’s origin, varietal, harvest season, bottling date and best-by date, while the brand aims to deliver a consistent peppery, flavor-forward profile despite agricultural variability. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Ray Blanchette, CEO of TGI Fridays, says the restaurant aims to stand out in casual dining through value, quality food and attentive service. He identifies food, service and atmosphere as the priorities for attracting customers, with a renewed focus on scratch cooking and bringing energy back to the business. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Wall Street has spent the year betting on staggering AI growth while worrying about stubborn inflation. This week, investors got a fresh taste of both risks: a deepening rout in the AI complex that reached into its debt financing, and oil at $110 a barrel threatening to make inflation harder to contain.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Tim Stenovec. (Source: Bloomberg)

Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss "Paved Paradise: How Parking Explains the World" by Henry Grabar and "Farrow and Ball: Recipes for Decorating" by Joa Studholme. (Source: Bloomberg)

Sound Inpatient Physicians Inc. is close to clinching a $1 billion refinancing with existing lenders, including Monarch Alternative Capital and PGIM, according to people familiar with the matter.

Bess Freedman, Brown Harris Stevens CEO, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the dynamic between mortgage rates and US housing supply. (Source: Bloomberg)

Tom Porcelli, chief economist at Wells Fargo, says US consumers are "roughed up," but they are still spending. He says wages are struggling, but consumers are still feeling pretty good because a wealth effect is in place. He is on "Bloomberg Money." (Source: Bloomberg)

Bess Freedman, Brown Harris Stevens CEO, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the housing affordability in the US. (Source: Bloomberg)