Bloomberg
Dalio: Cash Is No Longer Trash
Ray Dalio, Bridgewater Associates Founder joined us from the Greenwich Economic Forum to explain the importance of diversifying a portfolio and where to invest in today's economy. He also tells us why his next chapter doesn't include a...
Bloomberg
US September Payrolls Top Expectations at 336,000 Jobs Added
U.S. payrolls surged in September adding 336,000 jobs as the unemployment rate holds steady at 3.8 %. Bloomberg's Michael McKee breaks down the numbers.
Bloomberg
India Jobless Rate Declines to 1-Year Low
India's unemployment rate has dropped to a one-year low in September. More people found work in rural areas despite monsoon rains which disappointed. Ruchi Bhatia reports on Bloomberg Television.
Bloomberg
How a Prolonged UAW Strike Could Impact the Economy
If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker could cost five other people their jobs....
Bloomberg
Shutdown Deja Vu
Michael McKee, Bloomberg International Economics and Policy Correspondent takes us through history to look at other times the government has shut down and explains this time is different.
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
Coming Around to Higher-for-Longer
Rebecca Patterson, Former Bridgewater Chief Investment Strategist says markets are coming to terms with higher-for-longer. She also explains what the Fed needs to achieve a soft landing.
Bloomberg
Ketterer: Wage Hikes Will Make Auto Profitability Hard
Peter Kraus, Aperture Investors Chairman & CEO and Sarah Ketterer, Causeway Capital CEO tell us why the auto strike will be hard to resolve.
Bloomberg
Kraus: Fed Will Not Consciously Break the Economy
Peter Kraus, Aperture Investors Chairman & CEO and Sarah Ketterer, Causeway Capital CEO discuss why the Fed's plan to hold rates higher for longer is causing tremors in markets.
Bloomberg
Summers: Fed at Risk of Being Surprised
Lawrence H. Summers, Former US Treasury Secretary explains why he believes the Fed should be wary in its optimism.
Bloomberg
Bullard Says Prospects 'Looking Good' for a Soft Landing
Former Federal Reserve Bank of St. Louis President James Bullard say the prospects for a soft landing for the US economy are "very good," while cautioning that the Fed is only "partway" through the process of meeting its 2% inflation...
Bloomberg
Fed Leaves Rates Unchanged
Bloomberg's Michael McKee and Julie Fine discuss the Federal Reserve leaving rates unchanged speculating hints that they will no longer raise rates for the rest of the year. They also talk about Speaker Kevin McCarthy and the looming...
Bloomberg
Fed Holds Rates, Signals One More Hike This Year
The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year. Mike McKee reports on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Subramanian: Labor Strikes Are Evidence of the Closing Wealth Gap
Savita Subramanian, BofA Head of US Equity and Quantitative Strategy, says she is bullish on the equal-weighted S&P 500. She also explains why she thinks the auto strike is evidence of the process of narrowing the wealth gap.
Press Association
Footage of Port Talbot steelworks as thousands of job losses feared in £500 million Government deal with Tata
Footage of Tata Steel's plant at Port Talbot, south Wales, as ministers have reportedly agreed a £500 million package with Tata Steel to support plans to decarbonise two blast furnaces.
Unions have warned thousands of jobs could be lost...
Press Association
Thousands of jobs at risk at Port Talbot steelworks despite £500m state aid
The Government will pump up to £500 million into Britain’s biggest steelworks as part of plans to produce “greener” steel which could also hit thousands of jobs, sources have said.
Tata, the Indian conglomerate which owns the Port...
Bloomberg
UK Latest: Wages Post Record Growth as Jobs Market Cools
UK wage growth held at a record high in the three months through July despite signs the labor market is starting to cool in response to the squeeze being inflicted by the highest borrowing costs since 2008. Lizzy Burden reports on...
Bloomberg
Hooper: Fed Doesn't Need to Hike Again
Kristina Hooper, Invesco Chief Global Market Strategist shares why she believes the Fed does not need to raise rate hikes again and opportunities in small caps.
Bloomberg
Jobless Claims Fall to Lowest Level Since February
US initial jobless claims decreased by 13,000 to 216,000 in the week ended Sept. 2, Labor Department data showed Thursday. The figure was lower than all forecasts in a Bloomberg survey of economists. Mike McKee reports on "Bloomberg...
Bloomberg
Borish: No More Rate Hikes in 2023
Peter Borish, Computer Trading Corporation CEO doesn't expect the Fed to raise rates for the remainder of 2023, but warns of deflationary pressures of higher rates.
Bloomberg
Summers: Down the Path to a Soft Landing
Lawrence H. Summers, Former Treasury Secretary believes the US economy is still strong, and thinks the cooling labor market signals a step down the path to a soft landing.
Bloomberg
Fed's Mester: Inflation Too High, Jobs in Better Balance
"Although there has been some progress, inflation remains too high and the FOMC is committed to moving inflation down to 2 percent," Federal Reserve Bank of Cleveland President Loretta Mester says at a research conference hosted by the...
Bloomberg
Key US Inflation Measures Rise as Jobless Claims Decline
BREAKING: The core PCE price index rose 0.2% in July. US jobless claims fall to 228,000 in the week ended Aug. 26. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Japan's Jobless Rate Rises
Japan's unemployment rate rose for the first time in four months in July and a slightly negative signal for both the Bank of Japan and the government. Yuko Takeo reports on Bloomberg Television.