Messages
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
4/13/2024
8 : 4
‘Matter of weeks’
Bloomberg Evening Briefing View in browser Bloomberg Kremlin forces destroyed the biggest power plant in the Kyiv region as Russia exploits gaps in Ukrainian air defenses, pressing its advantage
4/13/2024
7 : 56
Bad day for big banks
Bloomberg Evening Briefing View in browser Bloomberg JPMorgan and Wells Fargo both reported net interest income—the earnings they generate from lending—that missed analysts' estimates Friday. At
4/9/2024
22 : 44
AI to market
Bloomberg Evening Briefing View in browser Bloomberg Since ChatGPT was released in 2022, a long list of artificial intelligence startups have begun building generative AI services for consumers and
4/8/2024
22 : 14
Blackstone’s big deal
Bloomberg Evening Briefing View in browser Bloomberg Blackstone struck a roughly $10 billion deal for an apartment landlord— the latest sign that the giant real estate investor sees this as a ripe
4/6/2024
11 : 44
Higher for longer
Bloomberg Weekend Reading View in browser Bloomberg Looks like it's still going to be higher for longer. That was the consensus after jobs data released Friday showed nonfarm payrolls rose 303000
4/5/2024
22 : 34
Jobs report blowout
Bloomberg Evening Briefing View in browser Bloomberg If anyone is worried about a bubble on Wall Street, it was hard to tell on Friday as a blowout US jobs report convinced investors of America's
4/4/2024
22 : 34
Maybe no rate cuts
Bloomberg Evening Briefing View in browser Bloomberg Perhaps the last thing impatient investors want to hear but music to the ears of savers, US Federal Reserve Bank of Minneapolis President Neel
4/3/2024
22 : 14
Fed protects Wall Street
Bloomberg Evening Briefing View in browser Bloomberg US regulators led by the Federal Reserve are said to have thwarted a push to make climate risk a focus of global financial rules. European central
4/2/2024
22 : 54
Musk’s brand problem
Bloomberg Evening Briefing View in browser Bloomberg Wall Street analysts were second-guessing their models just as Tesla's first quarter came to a close. One after another reduced their estimate
4/1/2024
22 : 24
Home insurance pain
Bloomberg Evening Briefing View in browser Bloomberg US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events