I’m Chris Anstey, a senior editor for economic policy in Boston, and today I’m looking at China’s micro interest-rate cuts. 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
Stocks climbed the most since June, while bond yields fell after economic reports in both the US and Europe fueled bets that major central banks will pause their interest-rate hikes to prevent a recession. In late hours, a $200 billion exchange-traded fund tracking the Nasdaq 100 (QQQ) gained after a bullish revenue outlook from Nvidia … Read more
Stock Market Today: Dow, S&P Live Updates for August 22 Bloomberg Source link
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, White House reporter Jordan Fabian looks at the challenge facing President Joe Biden when he lands in Maui on Monday. Sign up here and follow us at @bpolitics. Email our editors here. President Joe Biden has some urgent tasks … Read more
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
I’m Chris Anstey, a senior editor for economic policy in Boston, and today I’m looking at the implications of the latest read on US inflation. 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 … Read more
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
I’m Chris Anstey, a senior editor for economic policy in Boston, and today we’re looking at Japan’s stealth monetary-stimulus removal. Send us feedback and tips to ecodaily@bloomberg.net or tweet to @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. One market participant on Friday, trying to make … Read more
NEW YORK (AP) — Stocks fell Thursday, taking some air out of Wall Street’s big recent rally, despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy. The S&P 500 sank 29.34, or 0.6%, to 4,537.41 after touching its highest level in nearly 16 months during the morning. The Dow … Read more
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: There have been a lot of fads in the world of weight loss. The Atkins Diet, the South Beach Diet, the keto diet, and the latest craze isn’t a diet at all. … Read more