Best newsletters and posts about David E Rovella tag
Messages
5/25/2022 11:24:38 PM
‘Thoughts and prayers’
Bloomberg Evening Briefing View in browser Bloomberg Fury erupted across America on Wednesday—not only because a Texas man massacred 19 children and two teachers, but because of the seemingly quicker-
6/21/2022 11:04:27 PM
‘It has to stop’
Bloomberg Evening Briefing View in browser Bloomberg The special Congressional committee investigating the Jan. 6, 2021, attack on the US Capitol continued its public hearings Tuesday with a broad
6/27/2022 11:04:32 PM
This time it’s religion
Bloomberg Evening Briefing View in browser Bloomberg Since Friday, the US Supreme Court has been under withering fire from many quarters (and many countries) for its leap to the right on guns and
10/6/2022 10:04:27 PM
Safe haven no more
Bloomberg Evening Briefing View in browser Bloomberg Equities found little encouragement to sustain any rebound attempt on the eve of the all-important US jobs report, with major benchmarks finishing
10/13/2022 10:14:28 PM
The case against Trump
Bloomberg Evening Briefing View in browser Bloomberg Summing up arguments in what may be its last public hearing, the Jan. 6 committee on Thursday made no bones about who it considers ultimately
10/18/2022 10:04:27 PM
Screaming capitulation
Bloomberg Evening Briefing View in browser Bloomberg Sometimes giving up is a good thing. The sentiment on stocks and global growth among fund managers surveyed by Bank of America “screams” what Wall
10/20/2022 10:24:35 PM
Canada’s dirty secret
Bloomberg Evening Briefing View in browser Bloomberg Prime Minister Justin Trudeau pitches Canada as a global climate leader, one that's adopted ever-bolder climate targets and policies under his
10/21/2022 9:34:27 PM
The ‘moron premium’
Bloomberg Evening Briefing View in browser Bloomberg Regardless of whether the third time in as many months is the charm, the next UK government faces a landscape of smoking economic ruin that the City
10/19/2022 9:24:27 PM
Lost leverage
Bloomberg Evening Briefing View in browser Bloomberg Long maligned as the debt-addicted corporate raiders of Wall Street, private equity firms are resorting to an unusual maneuver to get deals done as
10/25/2022 10:14:27 PM
Radioactive false flag
Bloomberg Evening Briefing View in browser Bloomberg US President Joe Biden warned the Kremlin Tuesday against using any radioactive weapons in its war on Ukraine as tensions over a potential nuclear
10/26/2022 10:34:27 PM
Xi is making markets nervous
Bloomberg Evening Briefing View in browser Bloomberg Xi Jinping has put himself in a position to rule China for at least another decade—and possibly for life. The question now is what he'll do with
11/11/2022 11:04:28 PM
FTX blows up
Bloomberg Evening Briefing View in browser Bloomberg Sam Bankman-Fried's digital-asset empire filed for Chapter 11 bankruptcy, capping the downfall of one of crypto's wealthiest and most
11/18/2022 12:04:26 AM
As bad as Enron?
Bloomberg Evening Briefing View in browser Bloomberg Advisers overseeing the smoking ruin of Sam Bankman-Fried's FTX Group revealed a stunning list of allegations against the company's ex-
11/19/2022 12:24:30 AM
Trump’s new nemesis
Bloomberg Evening Briefing View in browser Bloomberg With Donald Trump running for president again, US Attorney General Merrick Garland turned to a former war crimes prosecutor to take on the role of
11/23/2022 10:54:31 PM
Fifty-fifty chance
Bloomberg Evening Briefing View in browser Bloomberg As some have since telegraphed in public, US Federal Reserve officials concluded in private earlier this month that they should soon moderate the
11/16/2022 11:24:30 PM
Crypto contagion spreads
Bloomberg Evening Briefing View in browser Bloomberg The fallout from the rapid collapse of Sam Bankman-Fried's FTX is spreading across the crypto world. Cryptocurrency lender BlockFi is said to be
11/25/2022 11:14:28 PM
The real ‘Fed pivot’
Bloomberg Evening Briefing View in browser Bloomberg Beneath the surface of a Wall Street still crowded with bears, some money managers are reacting to the latest signs that a “Fed pivot” has finally
12/19/2022 11:44:28 PM
‘Crime against democracy’
Bloomberg Evening Briefing View in browser Bloomberg The Jan. 6 committee, in a final session announcing the release of its report on the 2021 attack on the US Capitol, recommended Donald Trump be
12/22/2022 12:14:27 AM
Zelenskiy comes to America
Bloomberg Evening Briefing View in browser Bloomberg US President Joe Biden welcomed Volodymyr Zelenskiy to the White House Wednesday in the Ukraine leader's first trip abroad since Russia attacked
12/22/2022 11:24:31 PM
The storm that lasted a year
Bloomberg Evening Briefing View in browser Bloomberg In a year when soaring inflation and sinking growth rattled c-suites and trading floors alike, some corners of the stock market managed to provide
12/23/2022 11:14:39 PM
Worst since 2008
Bloomberg Evening Briefing View in browser Bloomberg Investors have dumped equities at a record pace in the days since major central banks signaled they won't be deterred in their fight against
12/16/2022 9:14:50 AM
Battle in the Bahamas
Bloomberg Evening Briefing View in browser Bloomberg Court officials in the Bahamas squared off against US-based bankruptcy lawyers in a fight over the remains of Sam Bankman-Fried's crypto empire,
12/30/2022 11:44:27 PM
It’s finally over
Bloomberg Evening Briefing View in browser Bloomberg After a banner year for stocks in 2021 that saw the S&P 500 climb to consecutive record highs, few foresaw the selloff that would follow in 2022
1/10/2023 11:14:28 PM
Good news, bad news
Bloomberg Evening Briefing View in browser Bloomberg Goldman Sachs has said the US economy may avoid a recession entirely, making the firm an outlier amid a sea of Wall Street pessimists. Now Goldman
1/20/2023 11:44:28 PM
The ‘soft landing’ scenario
Bloomberg Evening Briefing View in browser Bloomberg The US and other industrialized countries may be able to bring inflation down without triggering huge jumps in unemployment that economists would
1/20/2023 6:14:53 AM
‘Back in a bull market’
Bloomberg Evening Briefing View in browser Bloomberg The day after the World Bank sounded the alarm about the global economy's prospects for 2023, Edward Yardeni, the strategist who saw resilience
1/25/2023 10:25:53 PM
Shorts on the attack
Bloomberg Evening Briefing View in browser Bloomberg US short seller Hindenburg Research is targeting Asia's richest man with accusations of market manipulation and fraud. The bold move comes after
1/26/2023 11:24:38 PM
Not out of the woods
Bloomberg Evening Briefing View in browser Bloomberg The US economy beat expectations in the last quarter of 2022, posting the kind of mild slowdown that the Federal Reserve wants to see as it attempts
1/27/2023 11:54:28 PM
Cooling inflation
Bloomberg Evening Briefing View in browser Bloomberg The US Federal Reserve's preferred inflation measures eased in December to the slowest annual pace in over a year while consumer spending fell,
1/20/2023 2:54:09 AM
Dark days for Elon
Bloomberg Evening Briefing View in browser Bloomberg Elon Musk oversaw the creation of a 2016 video that exaggerated the abilities of Tesla's driver-assistance system Autopilot, even dictating the
1/31/2023 9:44:27 PM
‘Turning point’
Bloomberg Evening Briefing View in browser Bloomberg The International Monetary Fund raised its growth outlook for the first time in a year, saying it sees a “turning point” for the global economy. The
2/2/2023 9:44:27 PM
The buyback binge
Bloomberg Evening Briefing View in browser Bloomberg US President Joe Biden dislikes them. The taxman is coming after them. And Wall Street strategists warn the boom won't last. Yet against all
1/6/2023 11:24:29 PM
McCarthy makes a deal
Bloomberg Evening Briefing View in browser Bloomberg On the two-year anniversary of the Jan. 6 attack, a group of Republicans including lawmakers who backed Donald Trump in his attempt to stay in power
2/3/2023 11:04:29 PM
‘Apocalypse postponed’
Bloomberg Evening Briefing View in browser Bloomberg Forget all that talk of falling inflation, moderating wages, record-low unemployment and possible soft landings. Wall Street says 2023 will likely
1/5/2023 11:44:27 PM
Hedge fund confusion
Bloomberg Evening Briefing View in browser Bloomberg The pain—and the questions—kept coming as big name hedge funds took turns marking down the value of their stakes in private companies. Every time
1/4/2023 10:54:29 PM
Republican civil war
Bloomberg Evening Briefing View in browser Bloomberg The slow-motion, self-induced calamity faced by House Republicans continued today, with some seeing the historic standoff as the start of a GOP “
2/7/2023 11:34:28 PM
No more ‘hand-holding’
Bloomberg Evening Briefing View in browser Bloomberg Fed Bank of Minneapolis President Neel Kashkari said Tuesday that January's strong labor-market report shows the US central bank would need to
2/8/2023 11:05:18 PM
Used-car warning
Bloomberg Evening Briefing View in browser Bloomberg A surprise jump in used-vehicle prices last month is adding to US car buyers' frustration and has the potential to dent hopes inflation is
2/10/2023 10:34:31 PM
Warning from the SEC
Bloomberg Evening Briefing View in browser Bloomberg Crypto businesses don't properly safeguard customer assets and often mix them with their own funds. This according to US Securities and Exchange
2/17/2023 11:04:29 PM
A Russian ‘dark fleet’
Bloomberg Evening Briefing View in browser Bloomberg The bond market may have finally gotten the Federal Reserve's message on rates, but it seems most stock investors are continuing to ignore it.
2/21/2023 11:24:31 PM
Biden defiant
Bloomberg Evening Briefing View in browser Bloomberg The stark divide between the world views of US President Joe Biden and Russian leader Vladimir Putin was on spilt-screen display Tuesday. Almost a
2/17/2023 8:14:36 AM
Why quitting pays
Bloomberg Evening Briefing View in browser Bloomberg Yet again, fresh data has shown the US economy's resilience seemingly knows no bounds, with robust demand keeping inflation elevated and heaping
2/22/2023 11:04:31 PM
Debt brinkmanship
Bloomberg Evening Briefing View in browser Bloomberg Not a surprise but at least it's on paper. Minutes of a recent meeting of US Federal Reserve officials show they foresee further rate hikes,
2/23/2023 10:44:27 PM
A bad year for 401(k)s
Bloomberg Evening Briefing View in browser Bloomberg Many Americans avoided looking just to spare themselves the pain, but that didn't stop their 401(k)s from plummeting in value last year. The
2/17/2023 8:02:01 AM
Balloon tension
Bloomberg Evening Briefing View in browser Bloomberg China escalated tensions over the shooting down of an alleged spy balloon, imposing fines and sanctions on two US defense companies. Lockheed Martin
2/24/2023 11:14:27 PM
A brutal year
Bloomberg Evening Briefing View in browser Bloomberg If the sniping at the UN Security Council Friday was any sign of what's to come in a second year of Russia's brutal war on Ukraine, then the
2/9/2023 10:44:28 PM
Mexican surprise
Bloomberg Evening Briefing View in browser Bloomberg Mexico stunned markets Thursday by increasing interest rates by half a percentage point, in a move by the central bank that no top economist
12/29/2022 10:34:29 PM
Wall Street got it wrong
Bloomberg Evening Briefing View in browser Bloomberg With few exceptions, the best and brightest in stock and bond markets failed to appreciate how the outbreak of inflation would upend the investing
2/28/2023 11:44:32 PM
February’s winners
Bloomberg Evening Briefing View in browser Bloomberg After a pleasantly surprising January, Wall Street got kicked around this month. But not everyone is glum: For the first time in more than two
12/28/2022 11:44:28 PM
Fear of a new variant
Bloomberg Evening Briefing View in browser Bloomberg The US will require airline passengers coming from China to show negative Covid-19 tests as health experts fear the virus's unchecked spread
3/1/2023 10:54:30 PM
‘Evolve or die’
Bloomberg Evening Briefing View in browser Bloomberg Bridgewater Associates was bound to be different once billionaire founder Ray Dalio no longer ran it. It turns out the world's largest hedge
12/27/2022 11:54:32 PM
Tesla in a tailspin
Bloomberg Evening Briefing View in browser Bloomberg The Tesla nosedive accelerated Tuesday, its shares plummeting 11% in just one session. The terrible showing was the latest in a seven-day losing
3/2/2023 11:44:32 PM
Where the Fed stops
Bloomberg Evening Briefing View in browser Bloomberg US stocks snapped two days of losses after Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could be in a position to
3/3/2023 10:54:35 PM
China leans in
Bloomberg Evening Briefing View in browser Bloomberg Chinese internet moguls are being replaced by chip researchers and engineers on key lawmaking and advisory bodies, a potential sign of Beijing's
12/16/2022 8:57:53 AM
The economy slows
Bloomberg Evening Briefing View in browser Bloomberg The US economy showed signs of slowing, with retail sales and manufacturing dropping last month. But the labor market—despite thousands of firings
12/10/2022 12:14:30 AM
Optimistic outlook
Bloomberg Evening Briefing View in browser Bloomberg Some of the world's biggest investors predict that stocks will see low double-digit gains next year, which would bring relief after global
12/9/2022 12:24:28 AM
The bubbles shrink
Bloomberg Evening Briefing View in browser Bloomberg When it comes to bringing down inflation, the US Federal Reserve is like an A380 pilot on approach in a tricky crosswind, the runway fence lined
3/8/2023 12:04:30 AM
Bigger hikes
Bloomberg Evening Briefing View in browser Bloomberg The Fed is responding to all that recent data about a stout US job market and sticky inflation. Chair Jerome Powell said the central bank is likely
3/8/2023 11:44:27 PM
Affirmation for the Fed
Bloomberg Evening Briefing View in browser Bloomberg As if on cue, Jerome Powell's warning about inflation on Tuesday received the imprimatur of the job market on Wednesday. New numbers showed
12/7/2022 12:04:30 AM
Preemptive firings
Bloomberg Evening Briefing View in browser Bloomberg Wall Street workers are bracing for a potential flood of preemptive firings at Morgan Stanley and Goldman Sachs, all tied to a US economic downturn
3/9/2023 11:44:27 PM
The inflation see-saw
Bloomberg Evening Briefing View in browser Bloomberg The see-saw continues. The first half of the week brought warnings of resurgent inflation and bigger rate hikes along with fresh reasons to support
3/14/2023 10:04:33 PM
‘Crisis of confidence’
Bloomberg Evening Briefing View in browser Bloomberg Silicon Valley Bank's lack of a chief risk officer for much of last year is being examined by the Federal Reserve as part of its probe of the
3/16/2023 10:24:42 PM
First Republic’s turn
Bloomberg Evening Briefing View in browser Bloomberg Another day, another bank. Yesterday Credit Suisse was in the hot seat. But thanks to the Swiss government, the troubled lender has a new lease on
3/21/2023 10:14:28 PM
Roaring back
Bloomberg Evening Briefing View in browser Bloomberg Beleaguered First Republic Bank is refusing to be the fifth victim of the banking crisis, surging by a record and leading a rally in US lenders
3/23/2023 10:14:28 PM
Yellen changes her tune
Bloomberg Evening Briefing View in browser Bloomberg US Treasury Secretary Janet Yellen had a slightly different story Thursday when it came to the ongoing debate over insuring bank deposits beyond the
3/17/2023 10:44:32 PM
Wanted for war crimes
Bloomberg Evening Briefing View in browser Bloomberg The International Criminal Court issued an arrest warrant for Russian leader Vladimir Putin for war crimes related to the alleged abduction of
3/24/2023 10:44:32 PM
‘Irrational’ investors
Bloomberg Evening Briefing View in browser Bloomberg The lightning-fast banking crisis has in two weeks claimed three mid-sized US banks, took a chunk out of a fourth and sent Credit Suisse into the
3/16/2023 2:55:38 PM
Credit Suisse has a bad day
Bloomberg Evening Briefing View in browser Bloomberg It's not 2008 by any stretch, but you'd be forgiven for having a little of that sinking feeling from 15 years ago as news of trouble at yet
3/13/2023 10:44:31 PM
Deregulation contagion
Bloomberg Evening Briefing View in browser Bloomberg President Joe Biden sought on Monday to reassure markets and consumers that any collateral damage from the implosion of Silicon Valley Bank would be
3/29/2023 10:04:27 PM
FDIC says pay up
Bloomberg Evening Briefing View in browser Bloomberg The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is said to be considering steering a larger-than-
3/30/2023 9:54:33 PM
Schwab gets a downgrade
Bloomberg Evening Briefing View in browser Bloomberg Charles Schwab has been downgraded. Its clients have been pulling cash out of the firm's low-interest-rate bank accounts at a speedy clip—twice
3/31/2023 10:04:28 PM
Inflation slows again
Bloomberg Evening Briefing View in browser Bloomberg Technology shares extended the week's US stocks rally after a key measure of inflation cooled last month, good news for the Federal Reserve as
12/2/2022 11:34:27 PM
The FTX apology tour
Bloomberg Evening Briefing View in browser Bloomberg Sam Bankman-Fried's $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full.
12/1/2022 10:54:28 PM
Powell’s double-edged sword
Bloomberg Evening Briefing View in browser Bloomberg A measure of US inflation that Federal Reserve Chair Jerome Powell seems to consider an important signpost showed a slowdown last month, the latest
11/29/2022 11:34:28 PM
China’s Covid crisis
Bloomberg Evening Briefing View in browser Bloomberg China said it would bolster vaccinations of senior citizens, a move regarded by health experts as crucial to reopening an economy that's been
4/4/2023 9:24:55 PM
Trump as criminal defendant
Bloomberg Evening Briefing View in browser Bloomberg Donald Trump is the only president in America's 247-year history to have been impeached twice. On Tuesday, he came the only former president to
4/5/2023 10:17:17 PM
What banking crisis?
Bloomberg Evening Briefing View in browser Bloomberg Retail investors have joined the growing chorus saying that the banking crisis may be over. Individual investors have been pouncing on battered bank
4/6/2023 10:34:28 PM
Market ties unravel
Bloomberg Evening Briefing View in browser Bloomberg Treasury yields tumble the most in a decade as gold soars, stocks sit at two-month highs and credit spreads tighten. It's a mess out there, and
11/15/2022 10:54:28 PM
‘Three-time loser’
Bloomberg Evening Briefing View in browser Bloomberg Citadel's billionaire founder Ken Griffin called Donald Trump a “three-time loser” and said he hoped the former president would “see the writing
4/10/2023 9:54:43 PM
The wrong call?
Bloomberg Evening Briefing View in browser Bloomberg When a few mid-sized US banks suddenly went belly-up last month, the bond market made its feelings known—and with gusto. Two-year Treasury yields
4/20/2023 10:24:31 PM
Raising the pressure
Bloomberg Evening Briefing View in browser Bloomberg After more than a year of war and waves of sanctions by countries all over the world, Vladimir Putin continues to mercilessly pound Ukraine in his
4/21/2023 10:45:21 PM
Vote of confidence
Bloomberg Evening Briefing View in browser Bloomberg Battered regional banks got a vote of confidence from the one-time king of the bond world. In his investment outlook published Friday, Bill Gross,
4/19/2023 9:54:30 PM
Time to get out
Bloomberg Evening Briefing View in browser Bloomberg Just six months ago, investors were plowing billions of dollars into I bonds. Now, some experts say it's time to get out. The yield on series I
4/19/2023 7:05:00 AM
Slightly falling inflation
Bloomberg Evening Briefing View in browser Bloomberg Several measures of US inflation moderated in March, lending weight to Wall Street hopes of an end to rate hikes and support for Fed fans who
4/19/2023 6:34:48 AM
Rise of the shadow lenders
Bloomberg Evening Briefing View in browser Bloomberg Shadow lenders are circling commercial real estate, a large asset class that traditional banks and the bond market are increasingly avoiding,
4/19/2023 6:04:56 AM
The insider loan problem
Bloomberg Evening Briefing View in browser Bloomberg Not long before the US Federal Reserve began lifting interest rates to tamp down inflation, regional banks across the US reported a surge in lending
4/25/2023 10:45:40 PM
Damage by default
Bloomberg Evening Briefing View in browser Bloomberg It's still April, and by most measures there's at least a few months left. But the threat of a US default at the hands of a Republican-
4/27/2023 10:44:59 PM
Now the hard part
Bloomberg Evening Briefing View in browser Bloomberg The Federal Reserve under Jerome Powell has been shooting for a soft landing of the overheated US economy, slowing it down without causing a
4/19/2023 5:22:51 AM
The war on ESG
Bloomberg Evening Briefing View in browser Bloomberg It's working. While ESG bonds continue their upward trajectory globally and across Europe, in America they're getting hammered by politics.
4/28/2023 11:24:30 PM
Small enough to fail
Bloomberg Evening Briefing View in browser Bloomberg First Republic Bank shares took another nosedive Friday, falling a whopping 43% in regular trading. Then, as a news report foretold a potential
11/10/2022 11:34:28 PM
Inflation finally slows
Bloomberg Evening Briefing View in browser Bloomberg US inflation fell in October by more than forecast, perhaps giving the Federal Reserve room to maneuver as it considers smaller interest-rate hikes,
11/10/2022 11:35:11 AM
‘I got this wrong’
Bloomberg Evening Briefing View in browser Bloomberg Mark Zuckerberg fired 11000 employees from Facebook-parent Meta, whose stock has plunged 71% this year amid disappointing earnings and sliding
5/1/2023 9:56:04 PM
Maybe it’s over now
Bloomberg Evening Briefing View in browser Bloomberg After another tense spring weekend for American banking, JPMorgan agreed to acquire troubled First Republic in a US government-led deal. The
5/2/2023 10:04:28 PM
No, it isn’t over yet
Bloomberg Evening Briefing View in browser Bloomberg On Monday, the question was raised as to whether the 2023 banking crisis was near an end, thanks in part to the largesse of JPMorgan. On Tuesday,
5/3/2023 10:15:34 PM
Now the Fed waits
Bloomberg Evening Briefing View in browser Bloomberg The US Federal Reserve did what almost everyone said it would do, raising interest rates by a quarter percentage point and hinting it could be the
5/4/2023 10:44:27 PM
Hunting for weakness
Bloomberg Evening Briefing View in browser Bloomberg The hunt for weakness among midsize US banks continued Thursday as turmoil and recriminations roiled both markets and the financial industry.
5/5/2023 10:15:48 PM
Inside information
Bloomberg Evening Briefing View in browser Bloomberg So the question now is, if the Fed is in pause mode when it comes to changing interest rates, how long will that pause last? If Friday's data is
11/4/2022 10:44:27 PM
The grim outlook
Bloomberg Evening Briefing View in browser Bloomberg Rich countries must sign a “historic pact” with the poor over the consequences of global warming or “we will be doomed.” This was the warning of
11/2/2022 11:14:27 PM
Higher rates, smaller hikes
Bloomberg Evening Briefing View in browser Bloomberg Jerome Powell says he sees daylight, but it's at the end of a longer tunnel. The US Federal Reserve Chair stated interest rates will go up more
5/9/2023 10:04:28 PM
‘Something really, really bad’
Bloomberg Evening Briefing View in browser Bloomberg There has been a lot of talk, both here and elsewhere, about how the US Federal Reserve might pull off a so-called soft landing, even with sticky
5/12/2023 10:44:31 PM
The unthinkable
Bloomberg Evening Briefing View in browser Bloomberg Treasury Secretary Janet Yellen said the federal government will have to renege on some payments if Congress doesn't raise the debt limit, and
5/19/2023 11:15:00 PM
Self-sabotage
Bloomberg Evening Briefing View in browser Bloomberg It was just 24 hours ago when US House Speaker Kevin McCarthy and his adjutants were making positive sounds about negotiations to settle the
5/18/2023 10:34:27 PM
Hedge for the aftermath
Bloomberg Evening Briefing View in browser Bloomberg There are some optimistic noises being made about the US debt-ceiling fight. But Wall Street is warning that even if disaster is avoided, the
5/17/2023 10:04:35 PM
Default damage
Bloomberg Evening Briefing View in browser Bloomberg A key part of US President Joe Biden's foreign policy these past few years has been to try and counter China's growing influence across the
5/24/2023 9:44:37 PM
No strings attached
Bloomberg Evening Briefing View in browser Bloomberg What do Americans think of the economic car crash shaping up in Washington? Depends on who you ask, and maybe how you ask them. A CNN poll Tuesday
5/25/2023 10:14:39 PM
American under watch
Bloomberg Evening Briefing View in browser Bloomberg Everyone seems optimistic in Washington as the government hurtles toward potential economic disaster. President Joe Biden on Thursday said that he
5/26/2023 9:35:54 PM
Sticking point
Bloomberg Evening Briefing View in browser Bloomberg Treasury Secretary Janet Yellen announced the department expects to be able to make payments on US debt up until June 5, four days longer than her
5/12/2023 7:17:39 AM
The world is watching
Bloomberg Evening Briefing View in browser Bloomberg Recep Tayyip Erdogan was halfway through a well-choreographed TV interview last month when the cameras unexpectedly cut away. Someone in the room
5/12/2023 7:04:03 AM
‘Economic coercion’
Bloomberg Evening Briefing View in browser Bloomberg Group of Seven nations are looking to send a signal to China this month by announcing a joint effort to counter “economic coercion.” While member
5/8/2023 9:54:27 PM
Dodging a downturn
Bloomberg Evening Briefing View in browser Bloomberg Federal Reserve Chair Jerome Powell reckons the US economy can, in the aftermath of an inflation fight that just might be coming to an end, skirt a
11/1/2022 10:44:27 PM
Twitter boycott threat
Bloomberg Evening Briefing View in browser Bloomberg Stocks finished slightly lower Tuesday as data showing a still-solid US labor market yet again bolstered speculation the Federal Reserve will
5/30/2023 10:15:35 PM
Who won the debt deal?
Bloomberg Evening Briefing View in browser Bloomberg The White House has been trying to sell Democrats (including some skeptical progressives) on a proposed debt-limit deal hatched with Republicans who
5/31/2023 10:25:17 PM
US job openings surge
Bloomberg Evening Briefing View in browser Bloomberg The US Federal Reserve may still be telegraphing a pause in its inflation-fighting rate-hike campaign, but a US economy that hasn't stopped
10/28/2022 11:04:28 PM
Pelosi attack
Bloomberg Evening Briefing View in browser Bloomberg Nancy Pelosi, who as Speaker of the House is the third most senior official in the US government after the president and vice president, was the
6/1/2023 9:24:59 PM
AI sweeps Wall Street
Bloomberg Evening Briefing View in browser Bloomberg Deutsche Bank is using artificial intelligence to scan wealthy client portfolios. ING Group is screening for potential defaulters. JPMorgan is
10/27/2022 10:54:54 PM
Threading the needle
Bloomberg Evening Briefing View in browser Bloomberg After two quarters of contraction, the American economy started growing again, news the White House quickly hailed as evidence still-strong consumer
6/2/2023 9:34:28 PM
Greenback backlash
Bloomberg Evening Briefing View in browser Bloomberg All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China recently struck a deal to settle trade in their
10/14/2022 10:54:27 PM
Bad end to a wild week
Bloomberg Evening Briefing View in browser Bloomberg At times this week, not even a crystal ball could have foretold which way the stock market would go. Red-hot consumer prices? Stocks weirdly rallied
10/12/2022 11:24:27 PM
The final hearing
Bloomberg Evening Briefing View in browser Bloomberg The Congressional committee investigating the Jan. 6, 2021 insurrection is to hold what may be its final public hearing Thursday at 1 pm In it, the
10/11/2022 10:44:27 PM
Credit Suisse has a big problem
Bloomberg Evening Briefing View in browser Bloomberg For Credit Suisse, the hits just keep on coming. Already battered and bruised as it tries to move past a long series of scandals and losses, the
10/7/2022 9:44:27 PM
Dinner for bears
Bloomberg Evening Briefing View in browser Bloomberg The bears were dining Friday as stocks dropped sharply, driven by investor fear of big Fed rate hikes. New evidence of America's seemingly
6/20/2023 6:54:59 AM
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
6/20/2023 6:15:01 AM
Bulls run wild
Bloomberg Evening Briefing View in browser Bloomberg Wall Street has officially erased more than a year of Fed-inflicted pain. Seemingly ignoring the central bank's caution that—June pause or not—
6/22/2023 9:54:33 PM
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
6/20/2023 5:45:04 AM
Flash in the pan?
Bloomberg Evening Briefing View in browser Bloomberg Just as believers in a soft landing for the US economy are duking it out with Team Recessionary, Wall Street has a new snit brewing, albeit of the
6/23/2023 10:44:48 PM
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
6/27/2023 10:24:35 PM
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
6/12/2023 3:15:18 AM
The ‘non-recession recession’
Bloomberg Evening Briefing View in browser Bloomberg After a year in which Wall Street and its professional observers have said a US recession was coming, looming, pending, priced in and guaranteed, it
6/28/2023 9:26:20 PM
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
6/12/2023 2:45:08 AM
‘War crime’
Bloomberg Evening Briefing View in browser Bloomberg Germany blamed Vladimir Putin for the destruction of the Kakhova dam in Ukraine, and was joined by other European NATO members in denouncing it as a
6/29/2023 9:45:49 PM
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
6/12/2023 2:27:34 AM
The counteroffensive arrives
Bloomberg Evening Briefing View in browser Bloomberg As Ukraine reportedly begins its long-expected counteroffensive against Russia, a mood of deepening gloom is gripping Russia's elite about the