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Category: Economy

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Latest News (17075 articles)

Economy Bloomberg
132d ago
Cisco Delivers Upbeat Revenue Forecast in Sign of AI Payoff

Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave an upbeat sales forecast, …

Cisco Systems Inc. has delivered an upbeat revenue forecast, indicating progress in its AI spending … High (78%)
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Economy Bloomberg
132d ago
JPMorgan's Michele Says Economy 'Just OK,' Recession Remote

Bob Michele, JPMorgan Asset Management’s global head of fixed income, says the risk of a US recession is remote on …

JPMorgan's Michele believes the US economy is 'just OK' and the risk of a recession … High (82%)
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Economy Bloomberg
132d ago
MUFG’s Asset Manager Targets Japan Buyers for Its First CLO Fund

Mitsubishi UFJ Asset Management Co. will launch its first fund comprising collateralized loan obligations, heeding the government’s call on finance …

MUFG's asset management arm is launching its first CLO fund, targeting Japanese investors in response … High (74%)
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Economy Bloomberg
132d ago
Cava Cuts Sales Outlook as Fast Casual Customers Pull Back

Cava Group has cut its full year sales growth targets after foot traffic stalled in the third quarter, adding to …

Cava Group has reduced its full-year sales growth targets due to declining foot traffic in … High (75%)
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Economy Bloomberg
132d ago
Fed’s Perli Says Won’t Be Long Before Fed Starts Buying Assets

Rising overnight funding costs are signaling that bank reserves are no longer abundant, and the US central bank “won’t have …

The Federal Reserve Bank of New York's Roberto Perli suggests that the Fed will soon … Medium (69%)
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Economy Bloomberg
132d ago
Ex-Broker Admits to Insider Trading Scheme Born From Pandemic

A former Spartan Capital Securities broker admitted to insider trading based upon sensitive merger information stolen by a friend from …

A former broker at Spartan Capital Securities has admitted to insider trading, revealing a scheme … High (75%)
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Economy Bloomberg
132d ago
SEC Weighs Next Steps on US Treasuries Central Clearing Rule

Wall Street’s top regulator is considering ways to ease how the market transitions to a sweeping rule requiring hedge funds, …

The SEC is considering easing the transition to a central clearing rule for US Treasuries … Medium (67%)
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Economy Bloomberg
132d ago
New Poll Shows Americans Worried About Job Market, Affordability

Liz Pancotti, managing director for policy and advocacy at the Groundwork Collaborative, says that she would not trust that the …

A recent poll indicates growing concerns among Americans regarding the job market and affordability, contradicting … Medium (62%)
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Economy Bloomberg
132d ago
White House Says October Eco Data Likely Won't Be Released

Bob Michele, CIO and GFICC head for JP Morgan Asset Management, says that company data tells him that businesses are …

The White House has indicated that October economic data, including jobs numbers, may not be … Medium (68%)
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Economy Bloomberg
132d ago
Vista Energy Looks to Propel Argentina's Shale Exports

Vista Energy SAB sees reforms from Javier Milei as a way to growth after his win in midterm elections, along …

Vista Energy is optimistic about Argentina's shale exports due to expected reforms under new President … High (72%)
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Economy Bloomberg
132d ago
Banks Take Big Risks in $110 Billion Australian Block-Trade Boom

One of the most competitive corners of global finance is becoming even more extreme as bankers take big risks to …

Australian banks are engaging in high-risk block trades, increasing competition and potentially volatile market conditions. Medium (69%)
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Economy Bloomberg
132d ago
Bottom Of K-Shaped Economy 'Already in Recession,' Says Atwater

Peter Atwater, president of Financial Insyghts, said that the biggest division is America is not on the left and right, …

Peter Atwater believes the US economy is experiencing a 'K-shaped' recession, where the top and … Medium (69%)
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