Category: Money
World Money and Markets in the news
Fed Cutting Rates 50 Bps Is Reasonable, Wells Fargo’s House Says
Wells Fargo Managing Director and Senior Economist Sarah House says a 50 basis point Federal Reserve rate cut in September…
Apple Is Developing a Tabletop Robot for the Home
Apple Inc., seeking new sources of revenue, is moving forward with development of a pricey tabletop home device that combines an…
Bloomberg Markets 08/14/2024
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today’s…
US CPI Data Report Preview: What to Watch for
Forecasters are looking for the monthly report on US consumer prices to reinforce widespread expectations for a Federal Reserve interest-rate…
UBS Profit Beats, Reaffirms $1 Billion Buyback Plan | Bloomberg The Pulse 08/14/24
UBS shares rose as much as 3% on Wednesday morning in Europe, topping as the best-performing stock in the STOXX…
UK Economy: Inflation Rises Less Than Expected
UK inflation increased less than economists and the Bank of England had expected, prompting traders to bring forward bets on the pace…
Blinken Delays Mideast Trip: Axios; Markets Await US CPI | Horizons Middle East & Africa 08/14/2024
Asia stocks rallied on bets the upcoming US CPI report will allow the Fed to start easing in September. Also…
US Sells Fighter Jets to Israel, DOJ Mulls Push to Break Up Google | Daybreak: Europe 08/14/2024
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…
Markets in 3 Minutes: Soft Inflation Prints Boost Bullish Views
Guy Johnson, Tom Mackenzie, and Mark Cudmore break down today’s key themes for analysts and investors on "Bloomberg: The Opening…
Blinken’s Visit to Middle East Postponed: Axios Report
US Secretary of State Antony Blinken is scheduled to travel to the Middle East on Tuesday night, Axios reporter Barak Ravid said…