Curated Video
White House to give Intel $19.5 billion to boost US chip production
Intel will get as much as $8.5 billion in direct federal funding and will have access to another $11 billion in loans.
Press Association
Prime Minister Rishi Sunak visits the Manufacturing Technology Centre in Coventry
Prime Minister Rishi Sunak visits the Manufacturing Technology Centre in Coventry for a Government Business Connect event.
Bloomberg
China March Manufacturing PMI at 51.9, Beating Estimate
China's economic recovery gathered pace in March, with manufacturing continuing to expand and services activity and construction picking up strongly. The manufacturing purchasing managers' index eased to 51.9 from 52.6 in February....
Bloomberg
UAW Latest: Strikes May Expand If No 'Serious Progress' by Friday
The United Auto Workers said it will expand its strikes at the legacy Detroit automakers at noon on Friday if "serious progress" isn't made in negotiations. Oliver Crook reports on Bloomberg Television.
Bloomberg
Hang Seng Bank's Wang on China's Economy
Dan Wang, Chief Economist at Hang Seng Bank China, discusses China's economic status and policy outlook. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Press Association
Sunak insists economy ‘on the right track’ ahead of Budget
Rishi Sunak claimed the UK economy is getting “on the right track” as he visited the site of the former Honda car factory.
The Japanese car giant’s plant in Swindon, Wiltshire, shut in 2021 with the loss of thousands of jobs and the...
Bloomberg
US Companies Add 113,000 Jobs in October, ADP Says
Private payrolls rose by 113,000 in October as US companies added fewer jobs than expected for the month, according to figures published Wednesday by the ADP Research Institute. Michael McKee has the details on Bloomberg Television.
Bloomberg
Walser Wealth Mgmt's Walser on US Markets
Rebecca Walser, President at Walser Wealth Management, discusses her outlook and investment strategies for US Markets. She speaks with Vonnie Quinn on "Daybreak Australia".
Bloomberg
GM Pulls Profit Forecast on UAW Strike Uncertainty
General Motors CFO Paul Jacobson discusses better-than-expected third-quarter results as the company removes profit guidance due to the ongoing UAW strike. Jacobson says the automaker is "not going to sign a deal that doesn't allow us to...
Bloomberg
US Economy: ISM Factory Index Increases to 49 in September
Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee, discusses the key takeaways from the ISM's September factory gauge on "Bloomberg Markets." The ISM's manufacturing gauge rose to 49, the highest level since...
Bloomberg
UAW Begins Strike Against Ford, GM, Stellantis as Contract Lapses
The United Auto Workers began a strike against all three of the legacy Detroit carmakers Friday, kicking off a potentially costly and protracted showdown over wages and job security. Craig Trudell reports on Bloomberg Television.
Bloomberg
Stavros: Seeing Openness to Aligning Capital and Labor
Peter Stavros, KKR Global Co-Head of Private Equity, says that while organized labor has historically taken a skeptical eye to an employee ownership model, he is now seeing openness to aligning capital and labor.
Bloomberg
Employee Ownership in Action at Charter Next Generation
Peter Stavros, KKR Global Co-Head of Private Equity and Kathy Bolhous, Charter Next Generation CEO, tell us how they are flipping the script on the idea that management and labor cannot get along through an employee ownership model.
Bloomberg
China's Manufacturing PMI Edges Higher in August
Xiangrong Yu, chief China economist at Citi, discusses China's PMI data and what the figures mean for the economy. He speaks on Bloomberg Television.
Bloomberg
Nomura's Subbaraman: Getting Worried About China's Banks
"It's not clear to us that these piecemeal policy measures are really enough to revive the economy." Rob Subbaraman, head of global macro research at Nomura, discusses China's policy support for the economy and where he's seeing bright...
Bloomberg
US Companies Add the Fewest Jobs Since March
Private payrolls rose by 177,000 in August following an upwardly revised 371,000 increase in the prior month, according to figures published Wednesday by the ADP Research Institute. Michael McKee has the details on Bloomberg Television.
Bloomberg
US-China Tensions Weigh on Apple's Supply Chains
Apple's major suppliers list in 2022 shows that 80% of its manufacturing partners have a footprint in China, but as the company seeks to diversify its supply chain, that list is set to change and could mean higher prices for consumers....
Bloomberg
What S&P's PMI Report Signals for the ECB and Fed
S&P Global Market Intelligence Chief Business Economist Chris Williamson discusses the key takeaways from the S&P's August PMI report with Guy Johnson and Alix Steel on "Bloomberg Markets."
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Bloomberg
China Wont' Give Significant Stimulus for Housing: Wang
"I don't think there will be any significant stimulus coming out in housing." Dan Wang, China chief economist at Hang Seng Bank, discusses the bank's growth forecast for China, the Loan Prime Rate and her outlook for PBOC policy. She...
Bloomberg
Tesla Reignites EV Price War With New China Price Cuts
Tesla cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle an international price war that had shown signs of abating. The Westly Group Managing Partner and former Tesla board member Steve Westly...
Bloomberg
Tyson Foods Closing Four More Chicken Plants
Tyson Foods Inc. will shut down four additional chicken facilities after fiscal third-quarter sales trailed even the lowest of analyst estimates. But Bloomberg's Gerson Freitas says many meat producers are also under pressure. He's on...
Bloomberg
Johnny Cash This Thing
Austan Goolsbee, Chicago Fed president tells us how the Fed plans to walk the thin line of lowering inflation while avoiding an economic downturn.
Bloomberg
Staying Restrictive
Austan Goolsbee, Chicago Fed president and Raphael Bostic, Atlanta Fed president sees strength in the labor market, but believes that the Fed's restrictive policy will remain in place well into 2024.
Bloomberg
US Manufacturing Activity Contracts in July to 46.4
Timothy Fiore, chairman of the ISM Manufacturing Business Survey Committee, says US manufacturing "could very well be in the trough," as he discusses the takeaways from the ISM's July factory gauge on "Bloomberg Markets." The ISM's gauge...