Bloomberg Business

Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings.

Stocks weathered the Jackson Hole confab to rebound this week. But for bulls looking to be made whole after last year’s shellacking, the road back is longer than they realize.

The greenback climbed while US Treasuries slipped after Federal Reserve Chair Jerome Powell said policymakers are prepared to raise interest rates further if needed in the fight to reign in inflation.

The members of Spain’s champion women’s national team said they would refuse to play another game until the leader of the football federation is removed for kissing a teammate without her consent.

A super PAC supporting Florida Governor Ron DeSantis is reserving $25 million worth of TV time in Iowa and New Hampshire, its biggest ad blitz yet as the fight for the 2024 Republican presidential nomination enters a new phase after Labor Day, according to a person familiar with the strategy.

Explorers in the Permian Basin pulled back on rig use at the fastest pace in three years as the world’s most prolific shale basin shrinks amid consolidation and the slow return in oil demand.

Stocks rose as traders sifted through a raft of remarks from Federal Reserve speakers, with Jerome Powell saying officials “will proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.

Oil posted its second straight weekly decline as signals of additional crude supplies and a deteriorating global demand outlook loomed over a string of thinly traded sessions.