Category: Money
World Money and Markets in the news
Powell Remarks Add to Chipmakers’ Woes | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu,…
Luxury Battle: Hermes is now worth more than LVMH
Hermès Market Value Surpasses LVMH, Which Once Tried to Buy It Hermès’ market capitalization surpassed that of rival LVMH, the…
How cheap Chinese imports are changing Mexican celebrations
One of Mexico’s most iconic coming-of-age traditions, the quinceañera celebration, is now being shaped more and more by Chinese imports….
Private sector needs to be part of poverty solution, says World Bank President #shorts #worldbank
The World Bank Group President Ajay Banga says he wants to be called the "ultimate plumber," and that the lender’s…
Chip Stocks Sink on Export Curbs | Balance of Power: Early Edition
On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses the market reaction to new US…
Trump to Take Part in Trade Talks With Japan
President Donald Trump said he’ll attend a meeting Wednesday with Japan to negotiate tariffs, American military support and “trade fairness.” Meanwhile, China…
Fed Chair Powell Delivers Economic Outlook
Federal Reserve Chair Jerome Powell delivers remarks and participates in a moderated discussion at the Economic Club of Chicago in…
Fed’s Powell Says Trump Tariffs Were Larger Than Expected
Federal Reserve Chair Jerome Powell says President Donald Trump’s tariffs were "larger than we expected, even in our upside case."…
GOP’s McCormick Says a Tax Hike for Millionaires Is Unlikely
Pennsylvania Republican Senator Dave McCormick say he doesn’t think the GOP-controlled Congress will support higher taxes for millionaires in order…
Stocks Dip as China Wants US Respect Before Trade Talks | Bloomberg Brief 04/16/2025
US equities dip as Nvidia drags the S&P lower after the company warned that a tighter restriction from the US…