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Bloomberg

Not many people who have anything to do with the securities markets go a day without hearing the latest financial news from Bloomberg, no matter where they are in the world.

Founded in 1981 by Michael Bloomberg n' friends, the company provides software tools, data services, and special computer terminals for the financial industry. It's best known for the financial news it provides around the clock through its wire service, television and radio stations, newsletters, magazines, and websites.

What is Apple trading for? What’s the up-to-the minute exchange rate for the South African Rand? How much debt is IBM carrying? Is Warren Buffett really dating Ariana Grande? Bloomberg can tell you, but you might need to buy a subscription first.

When is the next bear market going to hit? You’re on your own…

Oh, and in 2014, the company decided to branch into politics with its multimedia platform cleverly called Bloomberg Politics.

Find other enlightening terms in Shmoop Finance Genius Bar(f)