Category: Money
World Money and Markets in the news
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…
Pakistan Signals Potential Retaliation After India’s Air Strike
India’s strike on Wednesday was among the deepest-reaching attacks on Pakistan in a decades-long strife between the two countries. Sudhi…
‘We Have to Defend Ourselves,’ says Pakistan
“We have to defend ourselves,” Pakistani Defense Minister Khawaja Asif says in an interview with Bloomberg Television following India’s military…
Citi’s Moore Says ‘We’re Not Adding to Risk Assets’
Kate Moore, CIO of Citi Wealth, says now is not the time to add risk because there’s so much uncertainty…
What Are The Key Takeaways From Trump Carney Meeting?
Bloomberg’s Laura Davison breaks down the meeting today between President Trump and Canada Prime Minister Mark Carney. Laura states this…