Bloomberg
US Jobless Claims Unchanged as Continuing Claims Decline
Initial jobless claims held at 264,000 in the week ending June 17 after a slight upward revision to the previous week's figures, according to a Labor Department report. Mike McKee takes a look at the numbers and what they could mean for...
Bloomberg
Powell Says Majority of FOMC See Two More Hikes in 2023
Federal Reserve Chair Jerome Powell says returning US inflation to 2% is crucial to support the long-term health of the US economy during his semiannual monetary report to the the Senate Banking Committee.
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Bloomberg
US Retail Sales Unexpectedly Rose in May
The value of retail purchases climbed 0.3% after a 0.4% gain in April. Initial jobless claims remain unchanged at 262,000. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Charles Plosser on Fed's Hawkish Pause
Former Philadelphia Fed President Charles Plosser reacts to the Fed's decision to pause from raising interest rates in June. He speaks with Bloomberg's Shery Ahn, Haidi Stroud-Watts, and Kathleen Hays on Bloomberg Daybreak: Australia".
Bloomberg
Ireland's Coveney Calls for Common Approach to Tech Regulation
The US, EU and UK need to adopt a common approach to technology regulation as they face new challenges like artificial intelligence, according to Ireland's Minister for Enterprise, Trade and Employment Simon Coveney. He spoke from Paris...
Bloomberg
UK Latest: Labor Market Tightens as Wages Surge
Britain's labor market tightened unexpectedly in April as wages shot up and unemployment fell, fanning inflationary pressures that are a concern to the Bank of England. Lizzy Burden reports on Bloomberg Television.
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Bloomberg
US Fed, BOJ, ECB Are Set to Announce Policies This Week
The Federal Reserve, the Bank of Japan and the European Central Bank are scheduled to hold policy-setting meetings and announce their decisions this week. Kathleen Hays reports on Bloomberg Television.
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Bloomberg
Jobless Claims Jump to Highest Level Since October 2021
Applications for US unemployment benefits to 261,000 in the week ended June 3 and continuing claims fell to 1.76 million in the week ended May 27. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
US Hiring Picks Up as Wage Growth Decelerates
Nonfarm payrolls increased 339,000 last month after an upwardly revised 294,000 advance in April. The unemployment rate rose to 3.7%. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Jobs Report Suggests Fed Pause, iCapital's Amoroso Says
"In parts of the market it is absolutely the time to lock in partial profits," Anastasia Amoroso, iCapital's chief investment strategist, says during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Fed Won't Cut Rates Anytime Soon, Kroszner Says
"The Fed is going to hang tough," Former Federal Reserve Governor Randall Kroszner says while discussing what the May US employment report means for Fed monetary policy on "Bloomberg Surveillance."
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Bloomberg
What to Watch for in the US Jobs Report
The US is expected to add 195,000 jobs in May, with the unemployment rate moving up to 3.5%. Michael McKee has a preview on Bloomberg Television.
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Bloomberg
Jobless Claims Edge Higher, Show Resilient Labor Demand
US initial jobless claims ticked up by 2,000 to 232,000 in the week ended May 27. Continuing claims were little changed at 1.8 million in the week ended May 20. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Fortescue Executive Chairman Forrest on Clean Energy
Andrew Forrest, Founder and Executive Chairman at Fortescue, discusses the company's business strategy and outlook for the clean energy sector. He speaks with Yvonne Man and Rishaad Salamat from the sidelines of the JPMorgan Global China...
Bloomberg
US Jobless Claims Edge Up as Q1 GDP Revised Higher
Initial unemployment claims increased by 4,000 to 229,000 in the week ended May 20, Labor Department data showed. GDP rose at a revised 1.3% annualized pace in the first quarter. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Tilton: China to See Modest Above Trend Growth This Year
"We'll see modestly above trend growth this year, but then deceleration into 2024 and beyond." Andrew Tilton, chief Asia Pacific economist at Goldman Sachs, discusses China growth and his outlook for the economy. He speaks on Bloomberg...
Bloomberg
US Jobless Claims Fall by the Most Since 2021
Initial unemployment claims fell by 22,000 to 242,000 in the week ended May 13, following fraud-inflated figures in previous weeks. Continuing claims edged down to 1.8 million in the week ended May 6. Mike McKee breaks down the numbers...
Bloomberg
Guy Hands Says UK Has 'More Rules,' Not Less Post-Brexit
Terra Firma Capital Partners Chairman and founder Guy Hands says the UK needs a post-Brexit bureaucratic and regulatory rollback to attract investment and encourage economic growth. "It's the British establishment which has managed to...
Bloomberg
Fed's Goolsbee Says It's Too Soon to Talk Rate Cuts
Chicago Fed President Austan Goolsbee says it's too premature to talk about cutting interest rates. "I haven't committed or decided anything," he says about the meeting in June. Goolsbee spoke extensively with Bloomberg's Michael McKee....
Bloomberg
UK OBR Chairman Richard Hughes on Budget, Pension Reform
OBR chairman Richard Hughes speaks to Bloomberg's Lizzy Burden following the UK Budget. Hughes discusses Chancellor Jeremy Hunt's pension reform, the government's lack of headroom and the potential economic impact of the Windsor Framework.
Bloomberg
US Jobless Claims Rise for First Time in Three Weeks
US initial jobless claims ticked up for the first time in three weeks. Mike McKee reports on "Bloomberg The Open."
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Bloomberg
US Job Growth Slows in March, Unemployment Falls
US nonfarm payrolls increased by 236,000 in March, while the unemployment rate declined to 3.5%. Bloomberg's Michael McKee has the numbers on "Bloomberg Surveillance."
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Bloomberg
El-Erian Says Jobs Data Raises Probability of 25Bps Fed Move in May
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the stronger-than-anticipated US jobs report increases the probability of a Federal Reserve interest-rate hike in May. "The CPI number is going to...
Bloomberg
What to Watch in the March US Employment Report
Kailey Leinz takes a look at what to watch for in the March US employment report after initial jobless claims decreased by 18,000 to 228,000 in the week ended April 1. She speaks on "Bloomberg The Open."
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