Bloomberg Business

For investors seeking an alternative to stocks and bonds at the moment, Bill Gross has a recommendation: merger arbitrage.

Hidden charges at hotels, ticketed events and banks have drawn the President’s ire.

The Puerto Rico business partner of John Paulson is asking a local court to block alleged attempts by the financier to gain control of a real estate company, the latest twist in an increasingly bitter legal feud with the hedge fund billionaire.

Billionaire Mat Ishbia has held exploratory conversations about bringing new investors into the Phoenix Suns and Mercury basketball teams, according to people with knowledge of the matter.

The rapid descent of US inflation over the last few months is likely too good to last.

The disruptive impact on stock markets of Novo Nordisk A/S’s diabetes drugs is getting ever wider.

Federal Reserve Governor Christopher Waller said the US central bank can watch and see what happens before taking further action with interest rates as financial markets tighten.

Oil prices will surge if the Israel-Hamas war escalates to include Iran, according to shale magnate Scott Sheffield.

Latin America’s longest-serving central bank chief, Julio Velarde, said he needs to be sure inflation has been brought under control before he can be more assertive with monetary policy in Peru.

Microsoft Corp.’s rehashed $69 billion acquisition of Activision Blizzard Inc. is set to avoid another European Union probe, paving the way for closing of the gaming industry’s biggest ever deal as soon as Britain’s antitrust regulator gives its expected approval in the coming days.