Category: Money

World Money and Markets in the news

What a Harris Presidency Could Mean for the Economy

Bloomberg’s Josh Wingrove talks about President Biden saying the Federal Reserve cutting interest rates is a "declaration of progress." He…

Nike Says Elliott Hill Will Replace John Donahoe as CEO

Nike announced that longtime executive Elliott Hill is coming out of retirement to replace John Donahoe as chief executive officer. Lily Meier reports on…

JPMorgan’s Feroli Expects Another 50 Bps Fed Cut in November

Michael Feroli, JPMorgan Securities chief US economist, says he expects the Federal Reserve to cut rates another 50 basis points…

Stripe Co-Founder warns of going public too early #shorts

Stripe Co-Founder and President John Collison warns companies of going public too early. Watch "The David Rubenstein Show: Peer-to-Peer Conversations"…

Benioff Says There’s No Need to ‘DIY Your AI’

Salesforce co-founder and CEO Marc Benioff discusses the launch of Salesforce’s new generative AI tools known as "agents" during an…

Benioff on New Salesforce AI Tools, Slack’s Data Security

Salesforce co-founder and CEO Marc Benioff discusses the launch of Salesforce’s new generative AI tools known as "agents" and says…

BOE Decision: UK Rates Held, in Contrast With Federal Reserve

The Bank of England held fire on another cut in borrowing costs and reached a separate decision to preserve the pace of…

Big Fed Rate Cut; Israel Sees ‘New Phase’ in War After Lebanon Blasts | Bloomberg The Pulse 09/19/24

Stocks rallied across the globe as the Federal Reserve’s half-percentage-point interest-rate cut reignited investor sentiment. Europe’s Stoxx 600 index advanced…

Roger Federer on Laver Cup, Women’s Tournament, Investment Advice for Nadal

Tennis legend Roger Federer speaks to Bloomberg Television from Berlin, where the Laver Cup tournament is taking place. He discusses…

Oil’s Sun King on Green Investment, China & The Future of Energy

John Browne, former chief executive of BP, was the first boss of an oil major to acknowledge the link between…