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Andrew Brandt on MLB Salary Cap Fight as World Series Begins

4 days 18 hours ago
Andrew Brandt says the Brewers and Rays reaching the World Series—despite ranking 19th and 26th in payroll, respectively—shows how strong management, scouting and player development can compete with high spending. He calls the matchup evidence for the players’ union that success is possible without a salary cap, while cautioning that owners may dismiss it as an unsustainable exception: smaller-market teams have little margin for error and can lose players to wealthier clubs in free agency. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Dollar Sees Support as T-note Yields Rise

4 days 18 hours ago
The dollar index (DXY00 ) rose by +0.20% on Friday, supported by the +4 bp rise in the 10-year T-note yield. The dollar also found support from Friday’s stronger-than-expected US manufacturing PMI and consumer sentiment reports. The dollar has safe-haven support from Middle East tensions as concerns continue about Houthi...

Dollar Sees Support as T-note Yields Rise

4 days 18 hours ago
The dollar index (DXY00 ) rose by +0.20% on Friday, supported by the +4 bp rise in the 10-year T-note yield. The dollar also found support from Friday’s stronger-than-expected US manufacturing PMI and consumer sentiment reports. The dollar has safe-haven support from Middle East tensions as concerns continue about Houthi...

Ohio man convicted of murder for running over officer after police killed his son

4 days 18 hours ago

Rodney Hinton ran over Larry Henderson after he viewed body-cam footage of police shooting dead his son Ryan

An Ohio man who killed a deputy with his car just hours after seeing video of his son killed by Cincinnati police was found guilty of murder and other charges on Friday, according to authorities.

Rodney L Hinton, 40, faces between 15 years and life in prison after his convictions in the death of Hamilton county special deputy Larry Henderson. His sentencing is tentatively scheduled for 16 November.

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'Notes on Being a Man', 'The Invisible Hand'

4 days 18 hours ago
Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss 'Notes on Being a Man' by Scott Galloway and 'The Invisible Hand of Maria Edgeworth: How a Nineteenth-Century Novelist Taught the World Economics' by Jeanna Smialek. (Source: Bloomberg)

The Points Guy CEO: People Are Leveraging Loyalty

4 days 18 hours ago
Brian Kelly discusses findings from The Points Guy’s State of Loyalty report, saying its focus is on where consumer trust and loyalty are growing—not simply whether people are loyal overall. Fuel and dining programs posted 88% consumer satisfaction, which Kelly links to rising everyday costs: consumers are using rewards for immediate savings while wages stagnate and expenses climb. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)