Bloomberg Business

Forget about range anxiety in Hainan.

Thailand’s central bank will probably raise borrowing costs by another quarter-point on Wednesday, with the decision itself likely to be overshadowed by the rate-setting panel’s commentary on future rate path.

Stocks treaded water after a rally fueled by the artificial-intelligence hype drove the market to its highest since August. Treasury yields fell on hopes the US Congress will pass a debt deal to head off a default.

Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company.

Government is adjusting its bill supply to manage its obligations until a resolution is passed 

Bumble Inc. President Tariq Shaukat is stepping down, and the dating app will conduct a search for his replacement.

Nvidia Corp.’s market valuation fleetingly crossed the $1 trillion threshold on Tuesday after the chipmaker’s artificial intelligence prospects vaulted it into an elite club of just five American companies.

Stock investors who planned for one thing in 2023 are getting something else entirely. Now, with the tech-obsessed market at risk of running away from them, the race is on to catch up.

(Bloomberg) — Former New Jersey Governor Chris Christie is laying the foundation for a 2024 presidential run after allies established a super political action committee that could give a boost to his long-shot bid to challenge former President Donald Trump for the Republican nomination.