I’m Ben Westcott, Australia government reporter in Canberra, and today I’m looking at the prime minister’s pivotal trip to China. 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 so here. … Read more
I’m Chris Anstey, a senior economics editor in Boston, and today I’m looking at Janet Yellen’s take on the yield surge. 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 so … Read more
The US economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months. Gross domestic product accelerated to a 4.9% annualized rate, more than double the second-quarter pace, according to the government’s preliminary estimate Thursday. The economy’s main growth engine — … Read more
I’m Chris Anstey, a senior editor in Boston, and today we’re looking at an undercurrent of concern evident in last week’s global finance meetings. 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 … Read more
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. After eight years of nationalist rule and routine attacks on the EU, Poland’s Law & Justice party looked to be heading for defeat in Sunday’s election, an outcome that would bring to an end a long … Read more
When everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history — and it’s an uncomfortable one for the US right now. A summer in which inflation trended lower, jobs remained plentiful and consumers kept spending has bolstered confidence — not least at the Federal Reserve — that the world’s … Read more
Treasury Secretary Janet Yellen said she’s increasingly confident that the US will be able to contain inflation without major damage to the job market, hailing data showing a steady slowdown in inflation and a fresh influx of job seekers. “I am feeling very good about that prediction,” Yellen said Sunday when asked about her previous … Read more
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