US Declares Energy Emergency as Cold Snap Hits Northeast

Warner Bros. is at the center of a significant merger and acquisition landscape, as global transaction values have surged to approximately $4.5 trillion this year, marking a 40% increase and the second highest on record, according to Bloomberg data. This surge is highlighted by Netflix's recent announcement to acquire Warner Bros. in a landmark deal valued at $72 billion, contingent upon the spinoff of its networks division.

Gold prices have steadied after a five-day rally, as investors are closely monitoring upcoming US economic data that may influence the Federal Reserve's decisions on interest rates. This pause in gold's upward momentum comes amid anticipation of potential rate cuts by the Fed.

During Bloomberg's annual ETF event, BlackRock's Rick Rieder and Steve Laipply discussed the challenges of creating a 100% private credit ETF, highlighting the complexities involved in such a financial product. This conversation underscores the evolving landscape of investment strategies as firms navigate market demands and regulatory environments.

Valerie Grimba, director of global ETF strategy at RBC Capital Markets, discussed the implications of dual-share classes for ETFs during her appearance on 'Bloomberg ETF IQ,' highlighting the limited availability of market-maker capital for these share classes as they prepare for the year 2026.

Asian equities opened with a modest decline as investors adopted a cautious approach ahead of the release of critical US economic data, which is expected to provide insights into future interest rate movements. The Japanese yen, however, gained strength during this period.

Ford CEO Jim Farley announced that the company's overhaul of its electric vehicle (EV) business is expected to be profit positive, emphasizing a strategic pivot towards energy storage during an interview on Bloomberg The Close.

Ford CEO Jim Farley announced a strategic overhaul of the company's electric vehicle (EV) business, asserting that the shift will lead to profitability after years of struggles. In an interview with Bloomberg, Farley emphasized the need for this pivot to ensure the company's competitiveness in the evolving automotive market.

Bets against the US dollar, commonly referred to as the greenback, are increasing as investors prepare for a significant release of US economic data. This trend reflects a cautious sentiment in the markets, with many anticipating potential shifts in monetary policy based on upcoming indicators.