Category: Money
World Money and Markets in the news
Trump Plans to Rescind Biden-Era AI Chip Curbs
The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade…
Fed Holds Rates Steady | Special Live Coverage
Federal Reserve officials held interest rates steady and emphasized growing risks of higher inflation and rising unemployment. Bloomberg’s special coverage…
Dudley Says US Economy Is in Good Shape
Former New York Fed President and Bloomberg Opinion columnist Bill Dudley says the US economy seems to be in good shape and…
Trump Doesn’t Impact Our Job at All, Powell Says
Federal Reserve Chair Jerome Powell says he does not worry about pressure from President Donald Trump to cut interest rates. “It…
Trump Won’t Lower China Tariffs to Get Them Back to Trade Talks
President Donald Trump said he won’t lower tariffs on China in order to get them back to the bargaining table. “No,” Trump…
Tariffs Could Lead to Higher Inflation, Says Fed Chair Powell
Federal Reserve Chair Jerome Powell says tariffs could lead to higher inflation and unemployment. But he says those effects could be short-lived…
Bessent Clashes With House Democrats | Balance of Power: Early Edition
On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses Treasury Secretary Scott Bessent’s second day…
BREAKING NEWS: Federal Reserve Holds Interest Rates Steady
Federal Reserve officials held interest rates steady and emphasized growing risks of higher inflation and rising unemployment. The benchmark rate…
WeightWatchers Files for Bankruptcy after losing out to GLP-1 Drugs
Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and…
India, Pakistan Trade Military Strikes
India says it has conducted targeted military strikes against Pakistan after it pledged retaliation for a deadly militant attack last…