Bloomberg
Markets in 3 Minutes: US Bond Supply Has Mainly Long-End Impact
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
China Latest: Manufacturing Unexpectedly Shrinks, Services Miss Estimates
Some unexpected data out of China. Factory activity fell back into contraction in October, while expansion of the services sector eased, according to the official purchasing managers indexes. Robin Xing, chief China economist at Morgan...
Bloomberg
Brainard on UAW Strike, Budget, AI, Debt
Lael Brainard, National Economic Council Director, talks about the apparent end of UAW strikes, President Joe Biden's executive order on regulating artificial intelligence, and bringing down the nation's debt. She's on "Balance of Power."
Bloomberg
Altman: Only a Crisis Will Cause Authorities to Adjust Fiscal Policies
Roger Altman, Evercore founder and senior chairman, says that it is just a matter of time before global financial markets turn attention to the country's fiscal trajectory. He urges fiscal authorities to tackle the country's deficit...
Bloomberg
US Big Techs' Forward Guidance May Slow Down: Saxo CIO
Steen Jakobsen, chief economist at chief investment officer at Saxo Bank, discusses the prospects for the big US technology stocks so-called magnificent seven including Apple Inc. and Microsoft Corp. He also talks about US Treasury...
Bloomberg
Markets in 3 Minutes: Building Blocks for China Narrative Shift
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
BlackRock CEO Fink: US Won't See Hard or Soft Landing in 2024
BlackRock Inc. CEO Larry Fink doesn't expect a hard or soft landing for the US in the year ahead as he sees interest rates remaining higher and says the power of the economy and the consumer "is giving me comfort that the economy is...
Bloomberg
Navellier & Associates on Global Markets
Louis Navellier, chairman and founder at Navellier and Associates, discusses his outlook and investment strategies for global markets. He speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Bloomberg
Powell Says Fed Has to Let Rise in Yields Play Out
Federal Reserve Chair Jerome Powell says US fiscal policy is on an unsustainable path during an interview with David Westin at the Economic Club of New York.
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Bloomberg
The Federal Deficit (Debate) Is Out of Control
Too much federal spending is at the core of what Congress is fighting over. It's one of the main arguments conservative Republicans used when the government almost shut down in September and for ousting Kevin McCarthy as Speaker.
But...
Bloomberg
US Perceived as Best House in a Bad Neighborhood: Sharma
Ruchir Sharma, Rockefeller International Chairman discusses the impact of a government shutdown. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
Sharma: Will See Foreign Interest in US Investment Decline In This Decade
Ruchir Sharma, Rockefeller International Chairman explains why the decades-long expansion of the US deficit could lead to decreased investor interest in US markets.
Bloomberg
America's Looming Debt Spiral
The cost of servicing US debt has surged. The perpetual threat of a government shutdown or even default comes thanks to political gridlock that's seemingly put solutions out of reach. At some point, failure to tackle America's large and...
Bloomberg
Italy Delays EU Budget Goal to Fulfill Election Vows
Italy postponed by a year pulling the deficit under the EU's ceiling of 3% of gross domestic product, according to a budget plan approved by the cabinet late Wednesday. Alessandra Migliaccio reports on Bloomberg Television.
Bloomberg
JPMorgan Says India to Be Added to Emerging-Market Bond Index
JPMorgan Chase & Co. says it will add Indian government bonds to its benchmark emerging-market index. Subhadip Sircar reports on Bloomberg Television.
Bloomberg
Yellen Slams 'Entirely Unwarranted' Fitch US Downgrade
Treasury Secretary Janet Yellen said, "Fitch's decision is puzzling in light of the economic strength we see in the United States," as she blasted the move by Fitch Ratings to strip the US of its top-tier credit rating. Yellen spoke...
Bloomberg
Oil Rally Picks Up Steam as US Benchmark WTI Tops $90
Oil is extending its gains after West Texas Intermediate settled above $90 a barrel in New York for the first time since November. It's the latest milestone in a surge driven by output cuts from Saudi Arabia and Russia. Su Keenan reports...
Bloomberg
Oil Extends Rally as OPEC Signals Supply Crunch
Oil extended its rally in the New York session, touching fresh highs for the year, as OPEC data show Saudi Arabia-led supply cuts are creating a supply squeeze. Su Keenan reports on Bloomberg Television.
Bloomberg
Ed Yardeni Says Bond Vigilantes Are 'Saddling Up'
Ed Yardeni, president at Yardeni Research, says the "bond vigilantes" are "saddling up" over concerns about widening federal deficits and too much supply. "We've got the federal deficit widening when the economy is doing well. And I...
Bloomberg
Bloomberg Economic's Daoud on Lira & Saudi outlook
Turkey's exchange rate has crossed the '27 liras per dollar' threshold, and investment banks are expecting the currency to weaken further. Ziad Daoud, Chief Emerging Markets Economist, Bloomberg Economics discusses Turkey's inflation,...
Bloomberg
Challenges Facing Social Security
Mark Duggan, Stanford University Professor of Economics and Glenn Hubbard, Columbia Business School Professor of Finance & Economics, discuss reforming social security. They speak with David Westin on "Wall Street Week Daily."
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Bloomberg
Former US Treasury Secretaries Express Optimism on the Resilience of the US Economy
Former US Treasury Secretaries Hank Paulson and Tim Geithner express optimism on the US resilience of the US economy, but call for political cooperation to address the country's fiscal challenges.
Bloomberg
Fitch Cuts U.S. Long-Term Ratings From 'AAA' to 'AA+'
Fitch Ratings has downgraded US's long-term foreign currency debt rating to AA+ from AAA. Treasury Secretary Janet Yellen said in a statement that she "strongly" disagrees with Fitch's decision. Kathleen Hays reports on Bloomberg...
Bloomberg
Soorani expects a positive conclusion between Pakistan and the International
JS Global Capital Head of Research Amreen Soorani expects a positive conclusion between Pakistan and the International Monetary Fund that would also make way for other lenders' disbursements. She speaks with Bloomberg's Haslinda Amin and...