Category: Money

World Money and Markets in the news

Northeast Blackout of 2003 | On This Day

Back in 2003, New York City, the financial capital of the world, went dark. A 29 hour power outage that…

Russia tries to stop Ukraine Incursion #war

Russia said Tuesday that its forces checked an effort by Ukrainian troops to expand a stunning weeklong incursion into the…

Stocks Finish Slightly Higher | Closing Bell

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

BofA Survey Shows Traders Still Like Big Tech

The volatility in global financial markets hasn’t derailed investor optimism around US technology behemoths or expectations of a soft economic landing, according to…

Fed Cutting Rates 50 Bps Is Reasonable, Wells Fargo’s House Says

Wells Fargo Managing Director and Senior Economist Sarah House says a 50 basis point Federal Reserve rate cut in September…

Apple Is Developing a Tabletop Robot for the Home

Apple Inc., seeking new sources of revenue, is moving forward with development of a pricey tabletop home device that combines an…

Bloomberg Markets 08/14/2024

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today’s…

US CPI Data Report Preview: What to Watch for

Forecasters are looking for the monthly report on US consumer prices to reinforce widespread expectations for a Federal Reserve interest-rate…

UBS Profit Beats, Reaffirms $1 Billion Buyback Plan | Bloomberg The Pulse 08/14/24

UBS shares rose as much as 3% on Wednesday morning in Europe, topping as the best-performing stock in the STOXX…

UK Economy: Inflation Rises Less Than Expected

UK inflation increased less than economists and the Bank of England had expected, prompting traders to bring forward bets on the pace…