Stock Market Today: Dow, S&P Live Updates for October 11 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for October 11 Bloomberg Source link
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Stock Market Today: Dow, S&P Live Updates for Oct. 9, 2023
Stocks rose as remarks from Federal Reserve officials bolstered bets officials will refrain from lifting rates this year. Oil climbed after Hamas’ attack on Israel raised fears of a wider conflict. The S&P 500 erased losses as Fed Vice Chair Philip Jefferson said officials are in a position to “proceed carefully” after the recent rise … Read more
World Economy Latest: Risks to US Soft Landing Are Piling Up Again
I’m Rich Miller, an enterprise writer on the economy in Washington, and today we’re looking at the impact of rising US yields. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do … Read more
One Chart That Explains the Rate Resilience of the US Economy
Call it the Great Term Out. After a historic series of interest rate hikes from the Federal Reserve, there’s a big question over just why these higher borrowing costs aren’t having more of an impact on the economy. Sure, there was a small bout of banking drama earlier this year and bankruptcies have ticked up, … Read more
Stock Market Today: Dow, S&P Live Updates for Sept 18
US stock futures fluctuated after Friday’s selloff and oil neared $95 a barrel, highlighting inflationary pressures just as policymakers prepare for interest-rate meetings. In Europe and Asia, equities dropped sharply, mirroring the decline that took the S&P 500 down more than 1% at the end of last week. Societe Generale SA slumped as much as … Read more
Global Economy Latest: Philip Lowe’s Tenure at Australia’s Central Bank
I’m Swati Pandey, an economics reporter in Sydney. Today, I’m looking at the legacy of outgoing RBA Chief Philip Lowe. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t yet signed up to receive this newsletter, you … Read more
World Economy Latest: All Eyes on Fed Chief Powell in Jackson Hole
The Circuit Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most … Read more
World Economy Latest: Top Economists Lay Out Their Biggest Worries
I’m Chris Anstey, a senior editor for economic policy in Boston, and today we’re looking at the biggest sources of worry for the world economy. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (platform formerly known as Twitter) via @economics. And if not yet signed up to receive this newsletter, … Read more
World Economy Latest: US Inflation Moderating, China Sees Outright Deflation
US inflation continued along a path of moderation that is bolstering prospects for an economic soft landing, while across the globe in China, consumer and producer prices fell in tandem. The US core consumer price index, a closely watched measure of underlying inflation, posted the smallest back-to-back advances since early 2021 and suggested central bankers … Read more
US Recession Indicator Sahm Rule Might Not Hold for 2023
In 2019, while working as a senior economist at the Federal Reserve, Claudia Sahm published a measure to show when the US has fallen into a recession. What came to be known as the Sahm Rule is elegant in its simplicity and has been praised for its accuracy by the likes of Nobel laureate Paul … Read more