Bloomberg
Fed Faces Diverging Inflation Metrics
A tough job for economists, investors and policy makers is getting even tougher. The two top US inflation metrics are moving in opposite directions ahead of the next Federal Reserve meeting. Kathleen Hays reports on Bloomberg Television.
Bloomberg
US-China Flights Approved to Double
Flights between the US and China are set to double from current levels by the end of October as the countries relax travel restrictions put in place during the pandemic. Danny Lee reports on Bloomberg Television.
Bloomberg
Blackstone Eyes More Japan Property Acquisitions
Blackstone Inc. sees unique opportunities in Japan market. Daisuke Kitta, the firm's head of Japan real estate, says he is bullish on the country's office property stock, because as opposed to the global trend, demand for office space is...
Bloomberg
China Lifts Ban on Group Tours to US, UK, Japan
China will allow group travel to a number of countries in a major relaxation of travel restrictions that could boost the global tourism market. The resumption of group tours will start immediately on Thursday. Mark Cranfield reports on...
Bloomberg
Dollar to Remain Strong Over the Next Few Months, BofA Says
Adarsh Sinha, co-head of Asia foreign exchange and rates strategy at BofA Securities, talks about the US economy, Federal Reserve policy and the dollar. He also discusses the outlook for the Japanese yen and the Chinese yuan. He speaks...
Bloomberg
Disney Is Not a Growth Company Anymore, CFRA Says
Kenneth Leon, director of equity research at CFRA, discusses Walt Disney Co. 's latest financial results and its prospects. Disney rose more than 6% in extended trading after management of the world's largest entertainment company said...
Bloomberg
Does the Federal Reserve Need Further Interest Rates Hikes?
Top Federal Reserve officials continue to weigh in on the hike versus pause debate, and whether they have already done enough to reign in inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
60-40 Portfolio Has Come Back Into Vogue: Citi's Hoffman
Robert Hoffman, head of investment counselors for South Asia at Citi Private Bank, discusses Federal Reserve policy, his investment strategy and where he's finding opportunity. He speaks on Bloomberg Television.
Bloomberg
Berkshire Operating Earnings Rise on Insurance Strength
Berkshire Hathaway Inc. posts gains in operating profit. Strength in its insurance businesses helped counter inflationary pressures that have weighed on billionaire investor Warren Buffett's conglomerate in the last year. Vonnie Quinn...
Bloomberg
US Yields 'Significantly Lower' in a Year: HSBC's Major
Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses US Treasury yields and Federal Reserve policy. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East & Africa." (Excerpt of the full...
Bloomberg
Dollar on 'Good Footing' Right Now, Westpac Says
Sean Callow, senior currency strategist at Westpac, talks about the dollar, the yen, the pound and central banks' policies. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Bloomberg
Oil Prices Rise as Report Points to Huge Drawdown in US Inventories
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to signals the market is tightening. West Texas Intermediate climbed above $82 a barrel, overturning Tuesday's 0.5% loss. The American...
Bloomberg
Jack Smith on Trump Indictment in 2020 Election Probe
Special Counsel Jack Smith discusses the decision to indict Former President Donald Trump on charges of conspiring to overturn the 2020 presidential election result. Smith speaks at a news conference in Washington.
Bloomberg
Fed Is Not in a Hurry to Start Cutting Rates: Chanana
"This knee-jerk reaction could probably have difficulty carrying on into the rest of the session." Charu Chanana, market strategist at Saxo Singapore, discusses the current state of markets, her investment strategy and where she's...
Bloomberg
Arab States Sour on Israel
Tensions between Gulf states and Israel are rising three years after historic peace deals. The friction is slowing down hope for investments and setting back US efforts to integrate the region. Bruce Einhorn reports on Bloomberg Television.
Bloomberg
US Equities Are a Bit in La-La Land: UBS's Zuercher
Adrian Zuercher, chief investment officer and head of global asset allocation at UBS Global Wealth Management, discusses the current state of markets, his investment strategy and his outlook for Chinese markets. He speaks on Bloomberg...
Bloomberg
Fed's Kashkari More Upbeat on Inflation
Federal Reserve Bank of Minneapolis President Neel Kashkari is more upbeat on inflation and when it comes to the US actually avoiding recession. He also warns that higher unemployment would be the cost of achieving a so-called "soft...
Bloomberg
US Biggest Banks Face 19% Boost in Capital Mandates
US regulators have unveiled plans to impose even tighter capital rules on big banks. Vonnie Quinn reports on Bloomberg Television.
Bloomberg
US Stocks Fall; Report Says BOJ to Discuss YCC Tweak
US stocks erased gains, Treasury 10-year rates hit 4% and the yen advanced on a news report the Bank of Japan will discuss tolerating higher domestic bond yields at a scheduled meeting Friday. Emily Graffeo reports on Bloomberg Television.
Bloomberg
Lockhart: At Least One More Fed Hike This Year Possible
"I think the assumption of one more increase either at the September or the October November meeting, is a reasonable and plausible way of looking at the future." Former Federal Reserve Bank of Atlanta President Dennis Lockhart discusses...
Bloomberg
US Banks' $118 Billion Buffer Likely Wiped Out by New Rules
Wall Street's biggest banks are preparing for new regulations that could erase more than $100 billion in excess capital built up over the past decade. Vonnie Quinn reports on Bloomberg Television.
Bloomberg
Fed Could Hike One More Time Before End of Year: Mitra
"Skew is toward one more Fed rate hike before the year is out." Aninda Mitra, head of Asia macro and investment strategy at BNY Mellon Investment Management, discusses Federal Reserve policy, his investment strategy and his outlook for...
Bloomberg
JPMorgan's Kolanovic Sticks to Selloff Call
The Dow Jones Industrial Average is pushing back towards its all-time high, technology shares have surged, sentiment among stock investors is soaring and recession calls are being scaled back. Yet, to JPMorgan Chase & Co.'s Marko...
Bloomberg
Economists See US Recession Odds at 50% or Less: NABE Survey
A fresh survey shows a strong majority of business economists say the odds of the US entering a recession in the next 12 months are 50% or less. Meanwhile, the Federal Reserve is expected to lift interest rates one more time this week as...