Bloomberg Markets

Iranian crude is flooding onto the global market again, just as the US waives sanctions on the cargoes, permitting far more countries to buy them.

Definium Therapeutics Inc. shares rally as much as 60% Monday after late-stage trial data showed “groundbreaking” results in the psychedelic drug developer’s experimental treatment for major depressive disorders.

Alan Greenspan, the former Federal Reserve chairman, has died at the age of 100 due to complications of Parkinson’s disease. Greenspan served as Fed chief for 18 years, from 1987 to 2006, and was known for guiding a record US economic expansion, but his legacy was later dimmed by the financial crisis that erupted after he stepped down. In a statement on Monday, the Fed said, “Ch...

Amy Gower, Morgan Stanley Lead Metals & Mining Strategist, discussed the firm's house view on interest rates and its implications for gold. Morgan Stanley expects the Federal Reserve to keep rates on hold through 2026, contrasting with market expectations of approximately 1.6 rate hikes by year-end. Gower emphasized that the Fed's policy decisions will be crucial for gold's traj...

Any Group of Seven talks on currency valuations need to include China, according to European Central Bank President Christine Lagarde.