Bloomberg
U.K. Jobless Claims Start Amid Virus Outbreak
Apr.21 -- Rain Newton-Smith, chief economist at the Confederation of British Industry, looks at how the coronavirus outbreak is affecting the country's economy and the government's efforts to support growth. U.K. jobless claims increased...
Curated Video
Widespread Disagreement On Capitol Hill Over COVID-19 Relief Package
Less than two weeks before Congress' planned August recess, negotiations and details are elusive.
Bloomberg
Why We’re Seeing the Rally in Global Stocks
Jun.10 -- Xavier Rolet, non-executive chairman of capital markets at Shore Capital, discusses the rally in equity markets, the possibility of a wave of bankruptcies and global job losses. He speaks on “Bloomberg Markets: European Open.”
Bloomberg
California Sees $54 billion Budget Deficit Amid Shutdowns
May.07 -- California Governor Gavin Newsom says "more federal support" is needed as the state is projecting a $54 billion budget deficit through June 2021 amid surging unemployment caused by the pandemic-related shutdowns. He speaks at...
Bloomberg
ADB: Policymakers Should Cooperate to Contain Virus Within 3 Months
May.15 -- James Villafuerte, senior economist at the Asian Development Bank, looks at how the coronavirus outbreak is affecting economies and policies. The cost of the pandemic could reach as much as $8.8 trillion, or almost 10% of...
Bloomberg
U.S. Jobless Claims Fall to Lowest in a Year
Mar.25 -- Initial claims in regular state programs fell by 97,000 to 684,000 in the week ended March 20, Labor Department data showed. Bloomberg's Mike McKee breaks down the numbers on "Bloomberg Surveillance."
Bloomberg
Wincrest's Bernard: Inflation Here to Stay
Jun.25 -- While the markets shrugged off inflation, some top managers are still concerned. CalSTRS CIO Chris Ailman says inflation is subtle and creeping in. Barbara Ann Bernard of Wincrest Capital says inflation is here to stay. They...
Bloomberg
Time to Gradually Start Raising Rates, Says Norges Bank Governor
Jun.22 -- Oystein Olsen, Norges Bank Governor, says it's time to gradually start raising rates. He speaks with Tom Keene on "Bloomberg Surveillance."
Curated Video
Millions At Risk As Extended Unemployment Benefits Expire
Enhanced and pandemic-related unemployment benefits expire on Monday, September 6.
Bloomberg
Tech Is On Verge Of Huge Transition: Porter Bibb
Jul.30 -- Mediatech Capital Managing Partner Porter Bibb says technology is on the verge of a transition because of the advances in AI. He joins Romaine Bostick on "Bloomberg Wall Street Week.
Bloomberg
Inflation Is Not Out Of Control: Malik
Nuveen CIO of Equities Saira Malik says inflation is not out of control, and thinks we are past peak economic growth. She joins alongside Quadratic Capital Founder & CIO Nancy Davis on "Bloomberg Wall Street Week. (Source: Bloomberg)
Bloomberg
Labor Market is Strengthening: Tyson
Aug.06 -- UC Berkeley Haas School of Business professor Laura Tyson thinks the labor market is strengthening and inflation expectations are anchored. She joins alongside JPMorgan Asset Management Chief Global Strategist David Kelly on...
Bloomberg
U.S. Jobless Claims Unexpectedly Jump
Oct.15 -- U.S. initial jobless claims in regular state programs totaled 898,000 in the week ended Oct. 10, up 53,000 from the prior week, Labor Department data showed. Bloomberg's Mike McKee reports on "Bloomberg Surveillance."
Bloomberg
Summers: U.S. Unemployment Below Natural Rate
Oct.08 -- Former U.S. Treasury Secretary Lawrence H. Summers changes in the U.S. job market caused by the Covid-19 crisis mean that the jobless rate is now likely below levels that trigger inflation even though it remains above its...
Bloomberg
Hedge Funds Have Proven to be Robust: Mallaby
Feb.05 -- Council on Foreign Relations Senior Fellow Sebastian Mallaby says hedge funds will adapt to the latest challenge posed by brokerages and retail day-traders. He thinks the Fed's provision of liquidity creates a cycle of bubbles...
Bloomberg
U.S. Producer-Price Growth Slows as Jobless Claims Fall
Oct.14 -- The U.S. producer price index for final demand increased 0.5% from the prior month and 8.6% from a year earlier as initial unemployment claims in regular state programs totaled 293,000 in the week ended Oct. 9, a decrease of...
Bloomberg
Sunak Sees `Resilience' Amid Worst U.K. Recession Since 1709
Feb.12 -- Chancellor of the Exchequer Rishi Sunak says the U.K. economy is showing "signs of resilience" after growing at double the pace expected in the fourth quarter, a surprising surge at the end of a year which delivered Britain's...
Bloomberg
Damage Is Being Done to Our Economy's 'Software,' Says Tett
Dec.04 -- Financial Times Editorial Board Chair Gillian Tett says comparing the economy to a laptop that can be switched off and rebooted is incorrect. She warns while the economy is powered off, it's 'software' could suffer irreparable...
Bloomberg
Asia Pacific Sees 81 Million Jobs Lost Amid Pandemic: ILO
Dec.16 -- On this episode of "Bloomberg Equality," Sara Elder, head of economic and social analysis at the regional office for Asia and the Pacific of the International Labour Organization, an arm of the United Nations, looks at how the...
AFP News Agency
VOICED : Ghosts from the past: Racial tensions in South Africa after murder on a farm
Three decades after the fall of apartheid, the murder of a white farm manager has laid bare racial frictions that persist in a South Africa weighed down by the triple challenges of rampant crime, unemployment and inequality (Footage by...
Curated Video
Unemployment Claims Soar With 965,000 Jobless Claims Filed Last Week
The number of people seeking jobless aid spiked last week to 965,000, the highest since late August.
Bloomberg
Fed's Mester on Rate Hikes, Inflation and Economy
Federal Reserve Bank of Cleveland President Loretta Mester discusses the path of Fed monetary policy, her concerns about current levels of inflation and the outlook for the US economy with Mike McKee on "Bloomberg Markets: European Close."
Bloomberg
Labor Market Getting to 'Good, Healthy Place': Boushey
Heather Boushey, a member of the White House Council of Economic Advisers, says the rise in inflation is not being driven by the US job market. She speaks with Bloomberg's David Westin on "Balance of Power."
Bloomberg
Fed Corrects the Record
Former U.S. Treasury Secretary Lawrence H. Summers says Federal Reserve Powell signaled more hawkishness which was warranted given the inflation threat.