Bloomberg - Evening Briefing

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7/16/2023
13 : 24

Goldilocks scenario

Bloomberg Weekend Reading View in browser Bloomberg Upbeat quarterly earnings reports on Friday from three of the largest US banks capped a week in which almost everything rallied in markets. Revenue
7/11/2023
22 : 34

Meme stocks are back

Bloomberg Evening Briefing View in browser Bloomberg Investors are fascinated with meme stocks again. The hunt is on as bargain seekers rifle through lower-quality names in search of easy money. But in
7/10/2023
22 : 4

Tough rules for big banks

Bloomberg Evening Briefing View in browser Bloomberg Major banks are facing one of the biggest regulatory overhauls since the 2008 financial crisis, setting up a clash over the amount of capital they
7/8/2023
11 : 44

Yellen makes nice

Bloomberg Weekend Reading View in browser Bloomberg The US and China's tit-for-tat technology war added another chapter this week when Beijing imposed restrictions on exporting two key metals that
7/7/2023
21 : 14

Spinning the Fed’s wheel

Bloomberg Evening Briefing View in browser Bloomberg Predicting the Federal Reserve's next move on interest rates can seem like a game of roulette. On any given day—Thursday for instance—
7/6/2023
22 : 4

Soft landing sighted?

Bloomberg Evening Briefing View in browser Bloomberg The US labor market showed fresh signs of resilience on Thursday, as private hiring surged, layoffs slowed and filings for unemployment benefits
7/5/2023
22 : 14

More hikes on the way

Bloomberg Evening Briefing View in browser Bloomberg It seems that US Federal Reserve officials struck a weak agreement to pause interest-rate increases in June, and in doing so all but committed to
7/3/2023
21 : 34

Harvard’s legacies

Bloomberg Evening Briefing View in browser Bloomberg The fallout has begun. Harvard University was accused by minority groups of violating federal law in giving preferential treatment to the children
7/1/2023
11 : 44

Bringing the gavel down

Bloomberg Weekend Reading View in browser Bloomberg The US Supreme Court's Republican-appointed supermajority wielded its power broadly this week, striking down laws and erasing long-held legal
6/30/2023
22 : 44

The Trump court

Bloomberg Evening Briefing View in browser Bloomberg Donald Trump may no longer be US president, but for the second year in a row he has indirectly provided the Republican Party with historic victories
6/29/2023
21 : 45

Affirmative action curtailed

Bloomberg Evening Briefing View in browser Bloomberg Last year at this time, the US Supreme Court struck down the 50-year-old federal right of American women to end a pregnancy. On Thursday, its
6/28/2023
21 : 26

Wall Street passes the test

Bloomberg Evening Briefing View in browser Bloomberg Wall Street's biggest banks passed the Federal Reserve's annual stress test, clearing a key hurdle for returning billions of dollars to
6/27/2023
22 : 24

The gutting of Credit Suisse

Bloomberg Evening Briefing View in browser Bloomberg Three months after UBS agreed to buy Credit Suisse in a government-brokered rescue—the coup de grâce for its teetering Swiss rival and the European
6/26/2023
21 : 45

Return of the IPO

Bloomberg Evening Briefing View in browser Bloomberg US technology stocks slid while government bonds advanced as traders unwound many of those bets that the Federal Reserve will cut interest rates
6/24/2023
11 : 44

It’s not over yet

Bloomberg Weekend Reading View in browser Bloomberg It's been difficult to read global economic tea leaves of late, but this week provided one fairly clear message: Most central banks haven't
6/23/2023
22 : 44

Big bucks for big names

Bloomberg Evening Briefing View in browser Bloomberg When federal regulators stepped in to backstop all of Silicon Valley Bank's deposits during this spring's regional lender bloodbath, they
6/22/2023
21 : 54

Watershed moment

Bloomberg Evening Briefing View in browser Bloomberg US President Joe Biden's deep-pocketed program designed to finance futuristic energy businesses is issuing a conditional $9.2 billion loan to
6/21/2023
22 : 4

Powell’s prediction

Bloomberg Evening Briefing View in browser Bloomberg Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth to below its long-term
6/20/2023
22 : 24

Housing market surge

Bloomberg Evening Briefing View in browser Bloomberg The number of US homes beginning construction unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting
6/20/2023
6 : 54

Pause, not stop

Bloomberg Evening Briefing View in browser Bloomberg Pause, not stop. That's the message from the US Federal Reserve, which as widely predicted (thanks to a dollop of foreshadowing by Fed officials