Bloomberg
The Key Takeaways From Amazon's Q1 Earnings and Outlook
Amazon reported surprisingly strong quarterly sales in its cloud-computing division and overall profit that topped estimates. Bloomberg Intelligence's Poonam Goyal and Anurag Rana discuss the key takeaways from Amazon's earnings on...
Bloomberg
Apple Supplier Foxconn Unveils Own Electric Vehicles
Foxconn Technology Group unveiled its first electric vehicles, a milestone that could boost the Taiwanese electronics manufacturer’s credentials as a serious bidder for Apple Inc.’s secretive automotive project. (Source: Bloomberg)
Bloomberg
Beef, Bacon, Car Prices Surging Due to Inflation
U.S. inflation ended 2021 at red-hot levels, and its main drivers reflect the woes of the economic recovery as the country got hit by several waves of Covid-19. Now Americans are paying more for everything from burgers to bacon to clothes.
Bloomberg
Burning Ship Full of Luxury Cars Is Drifting in the Atlantic
The Felicity Ace, a massive Panama-flagged cargo ship carrying thousands of Volkswagen Group vehicles, caught fire near the Azores islands in the Atlantic Ocean Wednesday afternoon. It's still floating and on fire. This is video of the...
Curated Video
AP Exclusive: It's not just the top wealthiest 1 percent. One out of 5 U.S. adults become rich for parts of their lives, a lesser-known group who wields outsized influence in consumer spending and politics. (Dec. 9)
It's not just the top wealthiest 1 percent: One out of 5 U.S. adults become rich for parts of their lives, a lesser-known group who wields outsized influence in consumer spending and politics and may pose the biggest barrier to reducing...
Bloomberg
'Bloomberg Markets: The Open' Full Show (09/14/2018)
Sep.14 -- Bloomberg Markets: The Open. Jonathan Ferro hosts an hour long program centered around the Opening Bell on Wall Street. The program showcases the most insightful and interesting Bloomberg charts and graphics, as well as...
Bloomberg
BofA's Sharon Miller on the Future of Main Street
Sharon Miller, Bank of America Head of Small Business, joined Kailey Leinz and Guy Johnson on "Bloomberg Markets: Americas" on Tuesday morning. A recent Bank of America report found small business owners remain resilient despite...
Curated Video
President Biden To Lay Out COVID-19 Omicron Plan
Changes to his COVID-19 winter approach include more access to testing, increased support for hospitals and easier vaccine access.
Bloomberg
Research Affiliates' Li on Markets Outlook
Feifei Li, Partner and CIO of Equity Strategies at Research Affiliates, discusses her outlook for markets. She speaks with Shery Ahn and Paul Allen on "Bloomberg Daybreak: Asia".
Sky News
Shopping Trends & Credit Ahead of 1989 Budget
VOICED: Nigel Lawson is due to release his sixth budget for the Conservative party. The government want to reduce consumer spending and credit, but retailers want the opposite. Sky News looks at shopping trends ahead of the budget, and...
Bloomberg
'Bloomberg Markets: The Open' Full Show (08/15/2018)
Aug.15 -- Bloomberg Markets: The Open. Jonathan Ferro hosts an hour long program centered around the Opening Bell on Wall Street. The program showcases the most insightful and interesting Bloomberg charts and graphics, as well as...
Bloomberg
BofA's Moynihan Projects US Recession to Be 'Shallow'
Bank of America Corp. Chief Executive Officer Brian Moynihan says the bank projects a "shallow" US recession. But he says consumers are in good shape and spending more. He spoke at the Institute of International Finance annual membership...
Curated Video
Recession Fears Mount As U.S. Economy Shrinks; Inflation Surges
Economic activity declined at an annual rate of 1.4% during the first three months 2022 as inflation hit a 40-year high.
Bloomberg
Negative Interest Rates Do More Damage Than Good: Sentance
May.21 -- Andrew Sentance, senior adviser at Cambridge Econometrics and former MPC member of the Bank of England, discusses the possibility of negative interest rates in the U.K. and what negative rates would do to consumer spending. He...
Bloomberg
Americans Spend Less as Prices Keep Rising
U.S. inflation-adjusted consumer spending declined in February, suggesting the fastest pace of price increases in four decades is tempering demand. Bloomberg's Mike McKee has a look at the personal consumption expenditure index on...
Bloomberg
Rock Creek Co-CIO on her equity outlook
Alifia Doriwala Co-CIO at Rock Creek, discusses her market outlook on "Bloomberg Markets" with Caroline Hyde and Romaine Bostick.
Bloomberg
The Shift Behind Consumer Spending
May.11 -- Gilbert Harrison, chairman of Financo, discusses the recent trends in consumer spending with Bloomberg's Scarlet Fu, Joe Weisenthal and Julia Chatterley on "What'd You Miss?"
Bloomberg
Chipotle Shakeup: Ells Takes Over as Sole CEO
Dec.12 -- Chipotle Mexican Grill Co-Chief Executive Officer Monty Moran is departing the company, leaving founder Steve Ells in sole charge of reviving the embattled burrito chain after a food-safety crisis. Bloomberg’s Craig Giammona...
Bloomberg
M&As in India's Retailer Industry Expected: Technopak
Dec.21 -- Arvind Singhal, chairman of Technopak, one of India’s leading management consulting firms, looks at how the coronavirus pandemic is affecting the country's retail industry. The number of confirmed cases in India stands at 10...
Bloomberg
U.S. Retail Sales Top Estimates Behind Surge in Online Sales
Aug.15 -- U.S. retail sales climbed 0.7%in July after a downwardly revised 0.3% increase in the prior month. Bloomberg Intelligence's Seema Shah and JPMorgan Asset Management Investment Specialist Phil Camporeale break down the numbers...
Bloomberg
China's Economic Growth Slows in Fourth Quarter
China's economic growth weakened last quarter in the face of slow private spending, a property market crisis and virus outbreaks. Gross domestic product grew 4% in the final quarter of 2021 from a year earlier, higher than the 3.3% rise...
Bloomberg
Uber CEO Khosrowshahi on App Plans, Gas Prices, Crypto
Uber CEO Dara Khosrowshahi discusses how the company plans to outdo Amazon for local commerce delivery, the impact of rising gasoline prices and the war in Ukraine, and Uber's commitment to electrification. He also reiterates that Uber...
Bloomberg
McDonald's CEO Says Food Safety Is Top Priority
Jul.26 -- Steve Easterbrook, chief executive officer at McDonald's Corp., discusses the progress made on the company's turnaround strategy. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Markets: European Close."