Bloomberg - Evening Briefing

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5/4/2024
11 : 44

‘Forever war’

Bloomberg Weekend Reading View in browser Bloomberg College and university administrators around the US called the police on protestors this week, looking to tear down encampments and, in the case of
5/3/2024
21 : 54

Too much data

Bloomberg Evening Briefing View in browser Bloomberg Wall Street traders trying to front run the Federal Reserve should be happy this week is finally over. Having pulled money out of credit and crypto
5/2/2024
22 : 44

The $26 billion bid

Bloomberg Evening Briefing View in browser Bloomberg Sony Group and Apollo Global Management are said to have made a $26 billion proposal to buy Paramount Global, the owner of CBS and MTV. The offer
5/1/2024
22 : 4

US-Saudi pact

Bloomberg Evening Briefing View in browser Bloomberg The US and Saudi Arabia are said to be nearing a historic pact that would offer the kingdom security guarantees and lay out a possible pathway to
4/30/2024
22 : 24

Only the Fed can complain

Bloomberg Evening Briefing View in browser Bloomberg More bad news for Fed Chair Jerome Powell. A broad gauge of US labor costs closely watched by the central bank accelerated in the first quarter.
4/29/2024
22 : 4

Bosses get upper hand

Bloomberg Evening Briefing View in browser Bloomberg The dynamism that's been giving the US labor market some of its edge may be slowing down. The number of people who go directly from one job to
4/27/2024
11 : 44

Inflation comes full circle

Bloomberg Weekend Reading View in browser Bloomberg Wait long enough and most economic conversations come full circle. The chatter on Wall Street is no longer about a soft landing but instead how
4/26/2024
21 : 24

AI’s big winner

Bloomberg Evening Briefing View in browser Bloomberg Nvidia shares rallied back from last week's selloff as some of the chip giant's biggest clients doubled down on artificial intelligence. The
4/25/2024
22 : 24

Good news for Trump

Bloomberg Evening Briefing View in browser Bloomberg In a potential victory of sorts for Donald Trump, the US Supreme Court suggested it might drag out his claim of immunity from prosecution, likely
4/24/2024
22 : 44

Metal is back

Bloomberg Evening Briefing View in browser Bloomberg Metal is back. Some of the world's biggest energy trading companies are returning to the sector years after getting burnt in notoriously
4/23/2024
22 : 34

Banning the non-compete

Bloomberg Evening Briefing View in browser Bloomberg In a major victory for prospective employees looking down the barrel of a non-compete clause, the US Federal Trade Commission voted Tuesday to adopt
4/22/2024
22 : 24

Earnings bulls

Bloomberg Evening Briefing View in browser Bloomberg Robust earnings from corporate America will pull the S&P 500 Index out of its latest morass, despite rising concerns about a significant jump in
4/20/2024
11 : 44

The economics of uncertainty

Bloomberg Weekend Reading View in browser Bloomberg The 360-degree view of the world economy this week can be summed up as cautiously optimistic. Or maybe optimistically cautious. Either way, the
4/19/2024
22 : 14

Wall Street’s ‘tech wreck’

Bloomberg Evening Briefing View in browser Bloomberg US equities sold off sharply on Friday, sending tech stocks to their biggest weekly loss in 17 months. The S&P 500 closed down 0.9%, dropping
4/18/2024
22 : 14

Blame it on the rent

Bloomberg Evening Briefing View in browser Bloomberg When US inflation peaked above 7% back in 2022, the culprits were everywhere—spread across goods and services. Now, with inflation back below 3%,the
4/17/2024
22 : 14

Big Tech drops

Bloomberg Evening Briefing View in browser Bloomberg The US stock market saw its longest losing streak since January as a handful of big tech companies sold off. Equities fell for a fourth straight day
4/16/2024
22 : 24

Economic heresy

Bloomberg Evening Briefing View in browser Bloomberg As the US economy hums along month after month, year after year, minting hundreds of thousands of new jobs and further embarrassing a long line of
4/15/2024
22 : 34

Tesla slashes workforce

Bloomberg Evening Briefing View in browser Bloomberg Tesla is slashing its workforce by more than 10%, part of a global retrenchment for Elon Musk's embattled electric vehicle maker as it struggles
4/13/2024
11 : 44

Rate-cut divergence

Bloomberg Weekend Reading View in browser Bloomberg Two new possibilities in the global inflation fight came into sharper focus this week. First, there's talk the European Central Bank may attempt
4/13/2024
8 : 24

America’s nagging problem

Bloomberg Evening Briefing View in browser Bloomberg Inflation is sticking around it seems. A key US price gauge topped forecasts for a third straight month thanks to rising rent and transportation