Bloomberg
US Stocks Drop Amid Hawkish Fed
Brian Belski, BMO Chief Investment Strategist, joined Bloomberg's Romaine Bostick & Scarlet Fu to discuss the latest market moves.
Bloomberg
Fed Chair Powell: There Is No Painless Way to Raise Rates
Fed Chair Jerome Powell says there is on painless way to raise interest rates and restore price stability. He says "this is the best we can do." He speaks in Washington.
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Bloomberg
What the December Jobs Report Says About Inflation
Jeffrey Rosenberg, portfolio manager of BlackRock's Systematic Multi-Strategy Fund, discusses what the December US employment report means for Federal Reserve monetary policy and inflation on "Bloomberg Surveillance."
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Bloomberg
Jobs Report Signals 'Immaculate Disinflation': Kroszner
Former Federal Reserve Governor Randall Kroszner says the December US employment report is consistent with the view that the US may not have a significant recession during an interview on "Bloomberg Surveillance."
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Bloomberg
Wages to Keep Rates Higher for Longer: ADP's Richardson
"Wages are not moderating quickly enough to make even a 2% inflation target seem reasonable at this point," ADP Chief Economist Nela Richardson says during an interview on "Bloomberg Surveillance."
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Bloomberg
Fed May Have to Stay Higher for Longer, Jim Bianco Says
"We've got everybody yelling, peak, peak, peak and yeah, inflation has peaked, but it wasn't going to stay at 9% forever. The real question is, can it get to the Fed's long run goal of 2% on its own without a recession?" Jim Bianco,...
Bloomberg
US Will Be on Edge of Recession for 2 Years: JPM's Kelly
"This economy is not an inflation-prone economy," JPMorgan Asset Management Chief Global Strategist David Kelly says during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Fed Might Be Doing Too Little, JPMorgan's Michele Warns
Bob Michele, JPMorgan Asset Management CIO and head of fixed income, currency and commodities, says rising inflation risks later this year may pose a challenge for the Federal Reserve during an interview with Jonathan Ferro on "Bloomberg...
Bloomberg
Biden: We Created 12 Million New Jobs
President Joe Biden says a record 12 million new jobs were created under his administration in the last two years. He speaks during the State of the Union Address in Washington.
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Bloomberg
InvestSmart's Lucas Reacts to Qantas 'Incredible' Results
InvestSmart Chief Market Strategist Evan Lucas explains why Qantas' record results are 'incredible' but may not be sustainable. He joins Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
US GDP Expands as Initial Jobless Claims Fall
US GDP increased at a 2.9% annualized rate in final three months of 2022 after a 3.2% gain in the third quarter, the Commerce Department's initial estimate showed, as initial jobless claims came in better than expected. Mike McKee breaks...
Bloomberg
Powell: Peak Rate May Rise If Strong Labor Data Persists
Federal Reserve Chair Jerome Powell says the Fed may need to hike rates more than what is priced in the markets if employment reports come in unexpectedly strong and inflation climbs during a question-and-answer session with David...
Bloomberg
Initial Jobless Claims Rise for First Time in Six Weeks
Initial unemployment claims rose by 13,000 to 196,000 in the week ended Feb. 4, Labor Department data showed. Mike McKee breaks down the numbers on "Bloomberg Surveillance."
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Curated Video
Today's Trends In Teen Employment
Where and when U.S. teenagers are working is changing.
Bloomberg
Fed's Brainard: Restrictive Policy Needed for Some Time
Federal Reserve Vice Chair Lael Brainard says interest rates will need to stay elevated for a period to further cool inflation that is still too high during remarks at a University of Chicago Booth School of Business event.
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Bloomberg
The Argument Against Basic Income
June 7 -- Pavlina Tcherneva, Bard College associate professor, explains why she believes basic income is a bad idea. She speaks with Bloomberg's Joe Weisenthal on "What'd You Miss?"
Bridgeman Arts
Germans return to homeland, poverty in germany, workers' riots, December 1918.
Germans return to homeland, poverty in germany, workers' riots, December 1918.
Bloomberg
US Jobless Claims Fall to Lowest in Four Weeks
US initial jobless claims decreased by 3,000 to 192,000 in the week ended Feb. 18, Labor Department data showed. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
US Factory Activity Index Inches Up in February
The Institute for Supply Management's gauge of factory activity ticked up to 47.7 in February from the weakest print since May 2020. Bloomberg's Michael McKee reports.
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Bloomberg
Jobs Report Makes 50 Bps Rate Hike 'Even Bet': Kroszner
Former Federal Reserve Governor Randall Kroszner reacts to the February US employment report and what it could mean for Fed monetary policy during an interview on "Bloomberg Surveillance."
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Bloomberg
Fed More Willing to Risk Recession: Jeffrey Rosenberg
Jeffrey Rosenberg, portfolio manager of BlackRock's Systematic Multi-Strategy Fund, discusses what the February US employment report means for Federal Reserve monetary policy on "Bloomberg Surveillance."
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Bloomberg
Fed Promises to Maintain Massive Asset Purchase Program
Dec.16 -- The Federal Reserve strengthened its commitment to support the U.S. economy, promising to maintain its massive asset purchase program until it sees “substantial further progress” in employment and inflation. Chair Jerome Powell...
Bloomberg
Yellen: Policy Statement Indicates Fed Can Be Patient
Dec. 17 -- Federal Reserve Chair Janet Yellen comments on the FOMC's policy statement during a news conference today in Washington. (Source: Bloomberg)