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Category: Economy

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Latest News (22324 articles)

Economy Bloomberg
85d ago
Charles Schwab CEO on Wealth Management Selloff

Charles Schwab CEO Rick Wurster joins "Bloomberg Surveillance" to address the recent AI disruption among wealth management stocks. (Source: Bloomberg)

Charles Schwab CEO Rick Wurster addresses the recent AI disruption in wealth management stocks, likely … High (70%)
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Economy Bloomberg
85d ago
What the US Jobs Reports Means to the Fed

Claudia Sahm, Chief Economist at New Century Advisors, says the January jobs report was not a surprise to the Federal …

The January US jobs report did not surprise the Federal Reserve, according to Claudia Sahm, … High (80%)
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Economy Bloomberg
85d ago
Wall Street Bonuses Help Shrink NYC’s Budget Gap by $5 Billion

Wall Street bonuses, along with an aggressive savings plan, has helped shrink New York City’s expected two-year budget gap by …

Wall Street bonuses have contributed to a $5 billion reduction in New York City's expected … High (80%)
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Economy Bloomberg
85d ago
Nike CEO Hill Sees Turnaround Spreading Across the World

Nike President and CEO Elliott Hill discusses his expectations for the company’s wholesale business to pick up steam across the …

Nike CEO Elliott Hill is optimistic about the company's wholesale business, expecting a turnaround across … High (90%)
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Economy Bloomberg
85d ago
CBO Boosts US Deficit Call by $1.4 Trillion on Trump Policies

The Congressional Budget Office on Wednesday warned yet again that the US is on an unsustainable fiscal path, jacking up …

The Congressional Budget Office (CBO) has increased its estimate of US deficits by $1.4 trillion … High (90%)
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Economy Bloomberg
85d ago
S&P 500 Heads for Record After Strong Jobs Ease Consumer Fears

US stocks rallied on Wednesday as traders cheered a stronger-than-expected jobs report.

The S&P 500 is heading for a record high after a strong jobs report eased … High (90%)
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Economy Bloomberg
85d ago
Deutsche Boerse Says Exchange M&A Falls Short in EU Market Drive

The European Union’s drive for deeper capital markets needs to look beyond discussions of potential mergers between exchanges, said a …

Deutsche Boerse executive suggests that EU's capital market drive should focus on more than just … High (80%)
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Economy Bloomberg
85d ago
Why Kraft Heinz Is Halting Plans to Split in Two

Kraft Heinz halted plans to split in two, a surprising reversal weeks after bringing in a new CEO with experience …

Kraft Heinz has unexpectedly halted its plans to split into two separate companies, a decision … High (70%)
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Economy Bloomberg
85d ago
The Newsoms on Tech Leaders “Selling Out”

Governor Gavin Newsom and First Partner Jennifer Siebel Newsom tell Emily Chang how they really feel about tech leaders cozying …

California Governor Gavin Newsom and his wife Jennifer Siebel Newsom expressed their disapproval of tech … High (70%)
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Economy Bloomberg
85d ago
Bitcoin’s 24/7 Trading Risk Spikes While Wall Street Sleeps

Bitcoin’s months-long slide has masked a change at the heart of its 24/7 market: trading never stops, but the liquidity …

Bitcoin's 24/7 trading market has seen a spike in risk due to the mismatch between … High (80%)
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Economy Bloomberg
85d ago
US Adds 130,000 Jobs in January, Unemployment Rate Falls to 4.3%

US hiring beat forecasts in January as nonfarm payrolls increased 130,000 last month and the jobless rate declined to 4.3%, …

The US labor market showed a strong performance in January with a higher-than-expected job creation … High (90%)
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Economy Bloomberg
85d ago
Raízen Silence on Debt Plans, Rout Led to S&P Rare 7-Notch Cut

A shift in tone from Raízen SA — from publicly discussing raising fresh capital to declining to rule out talks …

Raízen's shift in tone on debt plans led to a rare 7-notch credit downgrade by … High (90%)
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