News Clip2:22
Bloomberg

UK Wage Growth Accelerates as Labor Market Cools

Higher Ed
The number of payrolled employees in the UK labor market fell in April for the first time since February 2021 while accelerating wage growth remained above the Bank of England's comfort zone. Lizzy Burden has the details on Bloomberg...
News Clip7:14
Bloomberg

Historic Week of Bank Turmoil

Higher Ed
Peter Kraus, Aperture Investors Chairman and CEO discusses why risks are hard to take right now as an investor and whether there are mismatches in the banking system. He also explains why liquidity created by the banking crisis made...
News Clip9:37
Bloomberg

Summers Favors a 25 BPS Hike

Higher Ed
Former US Treasury Secretary Lawrence H. Summers tells us why he believes a 25 basis-point move would be favorable and cautions US regulators from moving too strongly against regional banks.
News Clip3:41
Bloomberg

Trump Says He'll Survive Any Legal Probe

Higher Ed
A defiant Donald Trump railed against the investigations he faces and predicted he'd prevail during a rally on Saturday in Waco, Texas, that may be the former president's last public appearance before he faces potential criminal charges....
News Clip2:25
Bloomberg

Evaluating the Fed's Next Move

Higher Ed
Sonal Desai, Franklin Templeton Fixed Income CIO & Dennis DeBusschere, 22V Research President, Partner and Chief Market Strategist dive into what credit is trying to tell us and whether rate cuts are the true answer.
News Clip1:42
Bloomberg

US Jobless Claims Rise for First Time in Three Weeks

Higher Ed
US initial jobless claims ticked up for the first time in three weeks. Mike McKee reports on "Bloomberg The Open." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more:...
News Clip9:59
Bloomberg

Summers on the Inflation Fight

Higher Ed
Former US Treasury Secretary Lawrence H. Summers breaks down the latest reading on US PCE and shares that it's "plausible" the recent banking woes may subside without a big impact on credit, leaving in place "serious inflation issues."
News Clip8:47
Bloomberg

Post Mortem on the Banking Crisis

Higher Ed
Tim Massad, Former CFTC Chairman breaks down whether we saw the banking crisis coming and if we received proper warnings. He also discusses why this was about bad bank management.
News Clip6:00
Bloomberg

US Government to The Rescue

Higher Ed
Ruchir Sharma, Rockefeller International Chairman dives into whether we are paying a price for government intervention and how we are keeping zombie companies alive.
News Clip7:23
Bloomberg

Nouriel Roubini Warns of Crashes, High Rate 'Megathreat'

Higher Ed
Nouriel Roubini, CEO at Roubini Macro Associates, explains the "megathreat" he sees from higher interest rates, why he expects an economic and financial crash, and US labor market issues. He speaks from Cernobbio, Italy on "Bloomberg...
News Clip5:11
Bloomberg

March Jobs Report Reaction

Higher Ed
Gillian Tett, Editor-at-Large for the Financial Times, and Chris Ailman, CALSTRTS CIO, weigh in on the March jobs report and what the fed should be taking away from the data.
News Clip6:23
Bloomberg

Fallout for the Economy from the Banking Disruptions

Higher Ed
Gillian Tett, Editor-at-Large for the Financial Times, and Chris Ailman, CALSTRTS CIO, weigh in on the March jobs report and the fallout from the banking disruptions.
News Clip1:18
Bloomberg

US Job Growth Slows in March, Unemployment Falls

Higher Ed
US nonfarm payrolls increased by 236,000 in March, while the unemployment rate declined to 3.5%. Bloomberg's Michael McKee has the numbers on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip0:46
Bloomberg

El-Erian Says Jobs Data Raises Probability of 25Bps Fed Move in May

Higher Ed
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the stronger-than-anticipated US jobs report increases the probability of a Federal Reserve interest-rate hike in May. "The CPI number is going to...
News Clip1:48
Bloomberg

What to Watch in the March US Employment Report

Higher Ed
Kailey Leinz takes a look at what to watch for in the March US employment report after initial jobless claims decreased by 18,000 to 228,000 in the week ended April 1. She speaks on "Bloomberg The Open." Follow Bloomberg for business...
News Clip2:10
Bloomberg

Claims Rise as PPI Falls by Most Since Start of Pandemic

Higher Ed
US jobless claims rose for the first time in three weeks as the PPI fell by the most since the start of the pandemic. Mike McKee reports on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis, up-to-the-minute market...
News Clip11:03
Bloomberg

Summers on the Current State of the Economy

Higher Ed
Former US Treasury Secretary Lawrence H. Summers explains why the US economy is still hard to read and why the Fed has difficult choices ahead.
News Clip5:23
Bloomberg

Tightening Credit and the Fed

Higher Ed
Saira Malik, Nuveen CIO & Kristina Hooper, Invesco Chief Global Market Strategist discuss how a credit crunch might impact and slow the economy.
News Clip5:21
Bloomberg

Where to Invest in Uncertainty

Higher Ed
Saira Malik, Nuveen CIO & Kristina Hooper, Invesco Chief Global Market Strategist discuss what a recovery could look like and the importance of investing in resilient companies.
News Clip1:16
Bloomberg

Mester Expects Fed to Reach 2% Inflation Goal in 2025

Higher Ed
Federal Reserve Bank of Cleveland President Loretta Mester discusses her expectations for the Fed's interest rate path and outlook for reaching the central bank's inflation target in a speech in Akron, Ohio on Thursday.
News Clip1:34
Bloomberg

US Initial Unemployment Claims Rise to 245,000

Higher Ed
Initial unemployment claims rose by 5,000 to 245,000 in the week ended April 15, Labor Department data showed. The median forecast in a Bloomberg survey of economists was for 240,000 applications. Mike McKee reports on "Bloomberg...
News Clip4:18
Bloomberg

Global Appetite for Equities Is Diminishing: Woods

Higher Ed
"The global appetite for equities is diminishing," says John Woods, Asia Pacific chief investment officer at Credit Suisse. "We've been underweight equities for a number of months." He speaks on Bloomberg Television.
News Clip8:24
Bloomberg

Bank Tremors

Higher Ed
Brian Moynihan, Bank of America CEO dives into the lasting effects we've seen after the failure of Silicon Valley Bank. And Darrin Williams, Southern Bancorp CEO explains how the most recent bank failures have affected regional banks'...
News Clip7:08
Bloomberg

Weighing Recession Risks

Higher Ed
David Bianco, DWS Americas CIO and Sharmin Mossavar-Rahmani, Goldman Sachs Wealth Mgmt CIO dive into growth in the US and how earnings in other countries stack up. They also evaluate which country has benefitted the most from globalization.