Bloomberg
BofA Sees Resilience, Strong Spending in Consumer Report
Holly O'Neill, president of retail banking at Bank of America, discusses the details of the firm's recently released November consumer checkpoint.
Bloomberg
Little 'Justification' for Fed's Cutting Cycle, Says Unlimited's Elliott
Unlimited CEO and CIO Bob Elliott says that there's little in the way of justification for the Federal Reserve's current cutting cycle, including the cuts the market is continuing to expect over the next few quarters. He adds that...
Bloomberg
China Needs 'More Creative Policies' to Boost Economy, Hao Hong Says
China has signaled increased public borrowing and spending in 2025 to boost consumption and repair the economy's weak link. According to Grow Investment Group's Hao Hong, "even though we are seeing some positive signs from the conference...
Bloomberg
Exxon Mobil corp to raise capital spending
Exxon Mobil Corp. will raise capital spending next year as its $60 billion purchase of Pioneer Natural Resources Co. increases its oil-production plans, threatening to worsen next year's expected crude glut. Bloomberg News' Kevin Crowley...
Curated Video
House committee talks about the safety of drones
Robert Wheeler Jr., assistant director of the Critical Incident Response Group for the FBI, said investigators don't know where the drones have come from or who they belong to. (Scripps News)
Press Association
Reeves and Jones hold Q&A at Maidstone Hospital as they launch spending review - full version
Chancellor of the Exchequer Rachel Reeves and Treasury Chief Secretary Darren Jones hold a Q&A session with Maidstone Hospital staff as they launch phase two of a spending review which they plan to publish in 2025.
Press Association
We're trying to make this spending review as inclusive as possible, says Chancellor
Chancellor Rachel Reeves says she hopes the spending review will be as "inclusive" as possible as he hopes to "bring in the country" into the conversation on how the Government can efficiently spend taxpayer's money. The Chancellor and...
Press Association
No doubt savings of 5% can be made across Whitehall, says Chancellor
Chancellor Rachel Reeves said she had “no doubt” that savings of 5% could be made across Whitehall spending, while also defending the Government’s funding of social care. She told broadcasters that would mean “cracking down on waste” in...
Bloomberg
China Signals More Stimulus Is Coming in 2025
China signals its ready to dish out more stimulus in 2025. The move is seen as a response to the looming trade war with the US and China's faltering economy, and the incoming administration of Donald Trump. Bloomberg's John Liu reports.
Curated Video
Scammers are targeting people buying holiday decorations online
On average, consumers are expected to spend $71.36 per person on holiday decorations this year, according to the National Retail Federation, compared to $60.43 in 2020. (Scripps News Baltimore)
Bloomberg
Expect to engage with Doge, Trump Admin.: Townes-Whitley
Science Applications International CEO Toni Townes-Whitley says "we think we are well positioned" and "looking forward to that engagement" with DOGE and the Trump administration. She speaks with Scarlet Fu on "Bloomberg Markets."
Bloomberg
Chinese Economist's Critical Speech Goes Viral
A prominent economist's speech has gone viral in China for its unsparing take on the economy and society. Gao Shanwen, who previously advised government officials and regulations, said China's youth are draining vigor from consumption...
Curated Video
Retailers ready for big Cyber Monday, after record Black Friday sales
More than 72 million people are expected to shop during Cyber Monday, according to the National Retail Federation. Consumers already set spending records this Black Friday. (Scripps News)
Press Association
Defence Secretary 'we need to reinforce' importance of Russian defeat in Ukraine
Defence Secretary John Healey says that despite strong support for Ukraine since the Russian invasion of the country in February 2022, it is still important to 'reinforce' message that Ukraine are fighting for whole of Europe.
Bloomberg
Loria Says Movie Business on Hot Streak
Daniel Loria, SVP Content Strategy and Editorial Director at The Boxoffice Company, discusses holiday box office and outlook for 2025.
Bloomberg
BMO's Jennifer Lee Interview
Jennifer Lee, BMO Senior Economist, shared her outlook on the economy and what to expect in the month of December, looking ahead of the next Fed meeting. She spoke with Lizzy Burden on Bloomberg Markets.