Bloomberg
Strong U.S. Mortgage Market Defies Interest Rates
Jan.25 -- Mortgage applications rose four percent last week as homebuyers ignore rising interest rates in the pursuit of owning a home. Bloomberg's Matt Boesler reports on "Bloomberg Daybreak: Americas."
Bloomberg
The Century Foundation's Greenhouse on US Labor Rights
Tech workers in the US are embracing the labor movement as successful union elections show a breakthrough for activists. Apple is the latest among big tech where workers have voted to unionize. Employees at Amazon and Starbucks have also...
Bloomberg
Marcos Says Philippines' 2023 GDP to Grow at Least 7%
Philippine economic growth will likely hold steady at around 7% this year, President Ferdinand Marcos Jr. said, crediting strong fundamentals that were helping the nation weather shocks and a dimmer global outlook. Marcos spoke to...
Bloomberg
Boom-Bust Cycle Has Come Back: Bridgewater's Prince
Bridgewater Co-CIO Bob Prince, who helps manage the world's largest hedge fund, has said we're seeing the return of the boom-bust cycle and more people need to lose their jobs before inflation will be brought under control. He speaks...
Bloomberg
Long-End Treasuries Are Attractive, TD Securities Says
Priya Misra, global head of rates strategy at TD Securities, discusses Federal Reserve policy, the US economy and its implications for Treasuries. She speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak:...
Bloomberg
Warren Says 2 Million Jobs Will Be Lost Due to Powell Policy
Senator Elizabeth Warren, a Democrat, says about 2 million people will lose their jobs as a result of the Fed's anticipated monetary tightening. She asked Federal Reserve Chair Jay Powell today to explain why these people must lose their...
Bloomberg
ANZ's Emmett previews the RBA decision
ANZ Senior Economist Felicity Emmett says the key issue going into the RBA's latest decision is how much the hawkish rhetoric will be dialed back, given the recent run of soft economic indicators. She joins Paul Allen and Shery Ahn on...
Bloomberg
RBA Raises Cash Rate Target 25 Basis Points to 3.60%
Steven Cochrane, chief APAC economist at Moody's Analytics, discusses the latest Reserve Bank of Australia policy decision and its impact on the economy. The central bank raised its key interest rate for a 10th straight meeting, taking...
Bloomberg
Using Unemployment to Tame Inflation
Dec.04 -- Otmar Issing, Center for Financial Studies professor, Stephanie Kelton, Stony Brook University professor, and Todd Buchholz, former White House director of economic policy, discuss the U.S. deficit. "That’s Debatable" is...
Bloomberg
Fed Promises to Maintain Massive Asset Purchase Program
Dec.16 -- The Federal Reserve strengthened its commitment to support the U.S. economy, promising to maintain its massive asset purchase program until it sees “substantial further progress” in employment and inflation. Chair Jerome Powell...
Bloomberg
CMIE Managing Director & CEO Mahesh Vyas on India's Employment Crisis
May.26 -- Centre for Monitoring Indian Economy (CMIE) Managing Director & CEO says that Indian unemployment rate has moved into double-digits in May, indicating the lockdowns are taking a toll on the economy. Vyas has been tracking the...
Bloomberg
Fed Didn't Anticipate Depth of Supply Shock: Clarida
Federal Reserve Vice Chair Richard Clarida discusses the path of monetary policy during a symposium hosted by the Brookings Institution in Washington.
Bloomberg
How the Strong U.S. Dollar Affects a Bond Portfolio
Dec.20 -- Mark Kiesel, chief investment officer for global credit at Pimco, examines the factors supporting U.S. dollar strength and how it plays into the bond market and your portfolio. He speaks on "Bloomberg Daybreak: Americas."
Bloomberg
U.S. Unexpectedly Adds 2.5 Million Jobs in May
Jun.05 -- America’s labor market unexpectedly rebounded in May. Nonfarm payrolls rose by 2.5 million and the jobless rate fell to 13.3% from 14.7%. Bloomberg's Mike McKee reports on "Bloomberg Surveillance."
Bloomberg
Labor Market Is Both Loose and Tight, Bill Dudley Says
Jul.09 -- Former New York Federal Reserve President and Bloomberg Opinion columnist William Dudley discusses the outlook for the labor market and Fed monetary policy on “Bloomberg Surveillance.” Dudley's opinions are his own.
Bloomberg
Examining the State of U.S. Household Debt
Aug.15 -- Bloomberg's Matt Boesler examines the state of U.S. household debt. He speaks with Bloomberg's David Westin and Shery Ahn on "Bloomberg Markets: Balance of Power."
Bloomberg
The U.S. Labor Market's Prison Penalty
Aug.14 -- Peter Wagner, Prison Policy Initiative co-founder, discusses the unemployment rate for formerly incarcerated people. He speaks with Bloomberg's Joe Weisenthal, Lisa Abramowicz and Scarlet Fu on "What'd You Miss?"
Bloomberg
Fed's Powell Says 'Noteworthy Risks' to Economy Remain
Nov.13 -- Federal Reserve Chairman Jerome Powell said the current stance of monetary policy is likely to be sufficient provided the economy stays on track, but warned that “noteworthy risks” remain to the record U.S. expansion. He speaks...
Curated Video
Economists: U.S. Entered Recession In February Due To COVID-19
The National Bureau of Economic Research says the recession began in February, right after the economy peaked.
Curated Video
Weekly Jobless Claims Are Back Above 1 Million Mark
The numbers came in higher than economists expected.
Curated Video
Report Says U.S. Jobless Claims Rise To 412,000
Some economists expect hiring to catch up with demand in the coming months.
Bloomberg
Bosomworth: Inflation Targets Offer No Easy Solution
Oct. 20 -- Andrew Bosomworth, head of portfolio management in Germany for Pimco, discusses central banks' inflation targets and allowing economies to run hot. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."
Curated Video
Census Bureau Says Income Inequality Is The Highest In 50 Years
Census data indicates income inequality in the U.S. last year was the highest in 50 years, despite low unemployment and record economic growth.
Bloomberg
Why the Phillips Curve Is Seen as Irrelevant
Jul.13 -- J.W. Mason, Roosevelt Institute senior fellow, evaluates Federal Reserve Chairman Jerome Powell's testimony before Congress this week and what it means for the path of monetary policy. He speaks with Bloomberg's Romaine...