Bloomberg Business

Once again during the hoped-for year of the bond, investors in Treasury debt are looking at losses as long-maturity yields approach their 2022 highs.

Aldi’s US unit agreed to buy Southeastern Grocers Inc., the owner of the Winn-Dixie and Harveys supermarket chains, in a bet on expanding in growing states such as Florida and Georgia.

BAE Systems Plc is in talks about a possible acquisition of Ball Corp.’s aerospace division, people with knowledge of the matter said, in what would be the year’s largest acquisition by a UK corporate.

Florida Governor Ron DeSantis’s campaign is bracing for a battle royale in next week’s Republican presidential debate as rivals aim their fire on the current runner-up with frontrunner Donald Trump toying with skipping the event.

Citadel’s flagship Wellington fund is up about 9% for the year, after the firm run by billionaire Ken Griffin posted a record $16 billion profit in 2022.

Oil hit a three-week low as light summer trading left the commodity at the mercy of broader markets.

Walmart Inc. looks like it finally has a legit competitor to Amazon Prime.

Risky companies are defaulting on loans far faster than high-yield bonds in the wake of the Federal Reserve’s most aggressive credit-tightening campaign in decades.

The first trade ship to leave Ukraine’s seaports since the collapse of a safe-corridor grain deal with Russia reached Romanian waters, according to Bloomberg ship-tracking data. The Hong Kong-flagged container ship Joseph Schulte left Odesa Wednesday. It was the first vessel to sail via a new temporary Black Sea route established by Kyiv as it seeks to reclaim control over its maritime trade.