Category: Money

World Money and Markets in the news

Why Private Equity May Be Due for a Reckoning

Markets today pose a new existential question: Can there be a bubble in something if it has no price? Allison…

Donkey Kong Rules The Jungle | On This Day

July 9th, 1981, when Japanese toy company Nintendo introduced what would become two of the most famous characters in video…

Powell Testifies in Washington | What You Missed 7/09

Stocks closed at all-time highs, with Jerome Powell’s remarks to Congress doing little to alter bets the Federal Reserve will be able to cut…

S&P On Longest Streak Since Jan. | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel,…

Yellen Says Biden Is ‘Extremely Effective’ in Meetings

US Treasury Secretary Janet Yellen said her boss President Joe Biden has been “extremely effective” in lengthy meetings, defending him in response to questions…

Fed Chair Powell Goes Before the Senate

Federal Reserve Chair Jerome Powell says officials are walking a fine line when it comes to setting monetary policy and its impact…

BlackRock’s Chaudhuri Expects Two Rate Cuts This Year

Gargi Chaudhuri, BlackRock chief investment strategist for the Americas, expects the Federal Reserve to cut rates twice this year, once…

Bloomberg Open Interest 07/09/2024

Get a jump start on the US trading day with "Bloomberg Open Interest". Matt Miller, Katie Greifeld and Sonali Basak…

US Stocks Surge to New All-time High, Powell Begins Testimony to Congress | The Opening Trade 09/07

European stocks look set to follow the US higher after another record close for the S&P 500. Investors await Jerome…

Nike Retail Sales Slump Leads to Return of Retired Executive

Nike has rehired retired senior executive Tom Peddie as the company looks to rebuild relationships with its retailers amid a…