Bloomberg
Gabon Coup: Junta Appoints Transitional President
The Gabon junta has appointed General Brice Nguema as transitional president and will swear him in on Sept. 4, after seizing power in the OPEC member on Wednesday. Jennifer Zabasajja reports on Bloomberg Television.
Bloomberg
Markets in 3 Minutes: It's a Major Turning Week for Many Assets
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
Putin Aims to Control Prigozhin's Military Operations
Russian President Vladimir Putin is moving quickly to take control of the sprawling military operations in Africa and the Middle East of Wagner mercenary chief Yevgeny Prigozhin following his ex-protégé's death in a mysterious plane...
Bloomberg
Roubini Says 10% Global Equity Correction Not Unlikely
Nouriel Roubini, chairman and CEO at Roubini Macro Associates, explains the conditions he sees that could lead to a correction in global equities in the second half of the year. He speaks on the sidelines of the Ambrosetti Forum in...
Bloomberg
EU Must Be 'Very Vigilant' to Avoid Rising Populism: France's Boone
French Secretary of State for European Affairs Laurence Boone says the European Union "cannot keep pre-Covid, pre-war" fiscal rules as she discusses steps needed to prevent the rise of populism in the bloc. She speaks on the sidelines of...
Bloomberg
Fed's Bostic Expects 'Shaking Out' of Existing US Debt
Federal Reserve Bank of Atlanta President Raphael Bostic said there will be a period of some disruption for the US economy as debts are refinanced at significantly higher interest rates. Bostic spoke Friday at the South African Reserve...
Bloomberg
Markets in 3 Minutes: The Reaction Function Is the Big Change
Mark Cudmore and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
Euro-Zone Inflation Misses Expectations at 5.3% in August
Euro-area inflation stopped slowing in August as consumer prices rose 5.3% from a year earlier because of energy. Maria Tadeo reports on Bloomberg Television.
Bloomberg
UBS to Cut 3,000 Jobs in Credit Suisse Integration
UBS Chief Executive Officer Sergio Ermotti says, "we will have around 3,000 jobs that will be made redundant over the next years," as he discusses job cuts that will stem from the integration of Credit Suisse's Swiss unit. He speaks with...
Bloomberg
Pernod Ricard CEO Sees 'Soft' Sales Ahead in US
Pernod Ricard CEO Alexandre Ricard discusses fourth-quarter results and says the company expects a "soft Q1 in the US" for sales. He speaks on "Bloomberg Surveillance Early Edition." (Corrects company name in headline and description.)
Bloomberg
Bostic Urges Fed to Be 'Cautious and Patient' on Policy
Federal Reserve Bank of Atlanta President Raphael Bostic sees current monetary policy as "appropriately restrictive," and says the Federal Reserve should, "let the restrictive policy continue to influence the economy, lest we risk...
Bloomberg
Prabhudas Lilladher: India Mid-caps Will Rule The Game
Prabhudas Lilladher Group Chairperson & MD Amisha Vora says the breadth of India's markets is amazing and mid-caps will continue to rule the game. She speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia".
Bloomberg
Top Calls: Truist Adjusts View on Apartment REITs
Michael Lewis, Trust Securities Managing Director for REIT Equity Research, joins Katie Greifeld and Vonnie Quinn to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
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Bridgewater's Karniol-Tambour Doesn't See Fed Rate Cuts Anytime Soon
Bridgewater Co-Chief Investment Officer Karen Karniol-Tambour says the Federal Reserve may be slower to cut rates than many market participants expect. This interview for "Bloomberg Wealth with David Rubenstein" was recorded August 30th...
Bloomberg
China Asks Citic to Examine Finances of Zhongrong
China has requested an examination of the books of Zhongrong International Trust Co. by two of the nation's biggest financial firms, potentially paving the way for a state-led rescue of the troubled shadow lender. Sofia Horta e Costa...
Bloomberg
Hurricane Idalia Strengthens Into a Category 4 Storm
Hurricane Idalia has been upgraded to a Category 4 storm as it heads toward landfall Wednesday on Florida's west coast, the US National Hurricane Center said in an update at 5 a.m. ABC News reporter Em Nguyen has the latest on Bloomberg...
Bloomberg
Markets in 3 Minutes: Major Turning Point in US 2-Year Yields
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
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
Markets Closer to Inflection Point, Apollo's Slok Says
Apollo Management Partner and Chief Economist Torsten Slok says the markets are getting closer to a point where the Fed funds rate will peak and rates will move sideways during an interview with Dani Burger and Alix Steel on "Bloomberg...
Bloomberg
China Banks Enlisted in Stimulus Push
China may announce that the big state-owned banks are cutting rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of existing mortgages, according to people familiar with the matter. The reductions will only affect...
Bloomberg
How AI Is Impacting Wealth Management
Farther is a startup focused on utilizing cutting-edge technology to advance the wealth management business. Farther co-founder and CTO Brad Genser joins Ed Ludlow and Caroline Hyde to discuss how AI is changing the game when it comes to...
Bloomberg
Wall Street Braces for $15 Billion Wave of LBO Debt
Bankers are expected to kick off a series of new junk bonds and loans tied to M&A after the Labor Day holiday in the US. Paula Seligson has more on "Bloomberg Markets."
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Bar Is High for Fed Rate Hike, Wells Fargo's Bryson Says
Wells Fargo Chief Economist Jay Bryson says markets have been "very accommodative" recently during an interview with Tom Keene and Kailey Leinz on "Bloomberg Surveillance."
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Only a Recession Can Tame West's Inflation: JPM's Ward
Karen Ward, EMEA chief market strategist at JPMorgan Asset Management, says markets bought in to disappearing inflationary pressures amid resilient growth, but getting back to 2% inflation in the west will require economic weakness. She...