Tag Archives: Bloomberg.com

Bessent, Like Fed Governor, Made Contradictory Mortgage Pledges  Bloomberg.com Appeals court rejects Trump’s bid to fire Fed Governor Lisa Cook  CNN Trump officials to ask Supreme Court to allow firing of Fed governor Lisa Cook  The Washington Post Appeals court denies Trump bid to remove Federal Reserve board member Lisa Cook  Politico Appeals Court Says Lisa Cook Can Remain on Fed Board  The New York …

Ticket Platform StubHub Raises $800 Million in Midrange IPO  Bloomberg.com StubHub prices IPO at $23.50, valuing company at $8.6 billion  CNBC Ticket marketplace StubHub to see if its stock is the right price for Wall Street  The Hill Breakingviews – StubHub resells IPO tickets at an undue premium  Reuters StubHub IPO: Pricing Expected Tonight; Stock Begins Trading Tomorrow  Barron’s Source link

China Tech Stocks Surge to 2021 Level as Investors Bet on AI  Bloomberg.com Baidu, Meituan, JD.com jump as Hong Kong stocks eye 4-year high  South China Morning Post Fed Cut Bets and Tech Rally Bring Hang Seng to Over 4-Year High  TradingView HSI Climbs 373 Pts at Midday, HSTECH Mounts 3.5% as BIDU-SW Soars 16%  AASTOCKS.com Hong Kong stocks end at four-year high on …

Fed Rate Cut to Mark Pivot Toward Job Market: Decision-Day Guide  Bloomberg.com Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture  CNBC Fed expected to cut rates for first time in 2025 amid Trump pressure  Fox Business ‘Peak Goldilocks’: The markets have bought the Fed rumors—watch for them to sell on the …

China Lifts Wells Fargo Banker’s Exit Ban in US Trade Talks  Bloomberg.com U.S. wins release of American who had been barred from leaving China  The Washington Post China lifts exit ban on Wells Fargo banker  Financial Times Wells Fargo’s business in China, where senior executive has left after exit ban  Reuters U.S. negotiators win the release of American detained in China  MSN Source link

Top 10% of Earners Drive a Growing Share of US Consumer Spending  Bloomberg.com The economy is chugging along, but consumers are uneasy  NBC News Moody’s economist: US avoids recession if well-to-do ‘keep spending’  The Hill Wealthy consumers account for nearly half of all US consumer spending  Baton Rouge Business Report Tuesday discussion post  Slow Boring Source link

Microsoft, OpenAI Herald Trump’s UK Visit With Spending Pledges  Bloomberg.com Microsoft, Nvidia other tech giants plan over $40 billion of new AI investments in UK  CNBC Google sets out $6.8 bln UK investment ahead of Trump’s state visit  Reuters US tech firms pour £30B into UK as Trump lands  politico.eu Our new Waltham Cross data center is part of our two-year, £5 billion investment …

Asian Stocks Slip as Investors Await Fed Decision: Markets Wrap  Bloomberg.com Asia markets trade mixed after Wall Street declines as investors await Fed meeting decision  CNBC Asian benchmarks are mixed after Wall Street edges down from record highs  The Hill World shares edge lower, US yields drop as investors await Fed  Reuters Asian shares mostly rise after last week’s Wall Street rallies  Yahoo Finance Source …

Bond Traders Boost Bets on Half-Point Fed Rate Cuts by Year-End  Bloomberg.com Fed rate-cut optimism has bond investors focusing on duration, steeper yield curve  Reuters Treasuries Race Past Peers on Cusp of New Fed Easing Cycle  Yahoo Finance Which Bonds To Own As Investors Brace For Fed Rate Cuts  Forbes Ahead of Fed, Thornburg taking slightly defensive stance in bond funds  TradingView Source link

Former BLS Chief Recounts Shock of Getting Fired Over Jobs Data  Bloomberg.com Former BLS commissioner says firing her was a ‘dangerous’ step for the US economy  CNN Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data  The New York Times BLS chief fired by Trump over jobs report comments publicly for first time  The Hill Ex-BLS chief said she was blindsided …