Bloomberg Business

US consumer sentiment soared in early July to an almost two-year high, bolstered by easing inflation and a strong labor market.

Devil-may-care day traders have become the dominant force in the market for bullish US stock options, as the professional investing class dials back bets after months spent chasing this year’s tech driven melt-up.

Cantor Fitzgerald LP agreed to pay $1.4 million to settle allegations from the US Securities and Exchange Commission that it failed to properly let the regulators know about clients who were considered to be large traders.

Almost 1,000 workers at London’s Gatwick Airport set plans to walk off the job during two of the busiest weekends of July and August, adding to labor-related disruptions across Europe during the peak summer travel season.

The White House began offering a more detailed defense of its industrial policy against critics who doubt its effectiveness, saying it will deliver clear benefits for the US economy.

Nissan Motor Co. issued a recall of about 1.38 million vehicles including Note, Kicks, Serena and Leaf models, a company spokeswoman said Friday.

Two Sigma Investments, the quant hedge-fund giant known for using computer-driven algorithms to make money, is for the first time exploring ways to add traders who rely on their human judgment to make money as the $60 billion investing firm looks to diversify its strategies.

Ukraine’s international bonds have had their biggest weekly gain so far this year and analysts at Bank of America Corp. see more upside ahead.

Singapore’s most serious political graft probe since the 1980s has ensnared a billionaire best known for bringing Formula One racing to the city and who has political ties that go back decades.