Bloomberg
Waller Says Fed Will 'Stay on the Job' to Contain Inflation
"Since last year, we have made it very clear that we are determined to bring inflation down to 2%. Not 3%, not 4%," Federal Reserve Governor Christopher Waller says at an event sponsored by George Mason University's Mercatus Center. "We...
Bloomberg
GM Reaches Tentative Agreement With Its Canadian Union
General Motors reached a tentative agreement with its Canadian union, ending a strike that had halted work at three plants in Ontario about 13 hours after it began. Keith Naughton has more on "Bloomberg Markets."
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Press Association
Hundreds gather to protest Rosebank oil field
Hundreds of protesters gathered outside the Department of Energy and Net Zero before marching to the Norwegian Embassy while demanding the UK government halts lans to move forward with the Rosebank oil and gas field.
Interviews with...
Bloomberg
BlackRock CEO Fink Sees US Avoiding Recession Until 2025
BlackRock CEO Larry Fink says the US has "a very vibrant economy" and may not enter a recession until 2025. He made the comments during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
Bloomberg
Biden Walks Picket Line With Striking Auto Workers
President Joe Biden joined striking UAW members on the picket line in Michigan where he said they deserve a 40% raise. Bloomberg's Jordan Fabian reports.
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Bloomberg
What the EV Transition Means for Auto Workers
Arcady Sosinov, founder and CEO at FreeWire Technologies, a provider of ultrafast electric vehicle (EV) charging solutions, discusses the future of the automobile and EV industries as UAW workers are striking. He joins Caroline Hyde and...
Bloomberg
Automotive Breakdown
Negotiations are still ongoing between the UAW and automakers after an expansion in the strike and tensions are on the rise.
Bloomberg
Summers: Fed at Risk of Being Surprised
Lawrence H. Summers, Former US Treasury Secretary explains why he believes the Fed should be wary in its optimism.
Bloomberg
UAW Could Expand Strikes on Friday
The United Auto Workers union is stepping up pressure on Detroit's Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Meanwhile, the union has rejected the latest offer from...
Bloomberg
Saint-Gobain President: There Is a Huge Demand for Housing
Mark Rayfield, Saint-Gobain North America President & CEO, joined Alix Steel and Guy Johnson on "Bloomberg Markets: Americas" Wednesday morning. Rayfield told the anchors there is still a huge demand for housing in the United States...
Bloomberg
Fed Could Cut Rates Sooner, Rather Than Later: Porcelli
Tom Porcelli, the new chief US economist at PGIM Fixed Income, talks about when the Federal Reserve may start cutting interest rates on "Bloomberg Surveillance."
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Bloomberg
El-Erian Says UAW Strike Is 'Here to Stay for a While'
Mohamed El-Erian, a Bloomberg Opinion columnist, comments on the UAW strike during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
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Bloomberg
Former Dallas Federal Reserve Chief Kaplan Expects 'Pause' Next Week
"We'll see a pause next week. However, the economy is resilient heavily because of fiscal spending. Unspent American Rescue Act funds the Inflation Reduction Act, the Infrastructure Act. And because of that, the Fed is going to need to...
Bloomberg
US Auto Workers Go on Strike as Contract Talks Fall Through
The United Auto Workers started striking plants at each of the three legacy Detroit carmakers, setting up a potentially costly and protracted showdown over wages and job security. Rishaad Salamat reports on Bloomberg Television.
Bloomberg
Zuma Wealth's Spath on US Markets
Terri Spath, founder and chief investment officer at Zuma Wealth, discusses her outlook and investment strategies for US markets. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
A UAW Strike Is Likely, Says Edmunds
Jessica Caldwell, Edmunds head of insights, expects a strike by the United Auto Workers. But she's not sure if workers will walk out everywhere. She's on "Bloomberg Markets."
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Bloomberg
Stavros: Seeing Openness to Aligning Capital and Labor
Peter Stavros, KKR Global Co-Head of Private Equity, says that while organized labor has historically taken a skeptical eye to an employee ownership model, he is now seeing openness to aligning capital and labor.
Bloomberg
Employee Ownership in Action at Charter Next Generation
Peter Stavros, KKR Global Co-Head of Private Equity and Kathy Bolhous, Charter Next Generation CEO, tell us how they are flipping the script on the idea that management and labor cannot get along through an employee ownership model.
Bloomberg
Fed's Williams: Inflation Moving in the Right Direction
Federal Reserve Bank of New York President John Williams says inflation is moving in the right direction and monetary policy is in a very good place. He speaks with Bloomberg's Michael McKee at the Bloomberg Market Forum.
Bloomberg
Jobless Claims Fall to Lowest Level Since February
US initial jobless claims decreased by 13,000 to 216,000 in the week ended Sept. 2, Labor Department data showed Thursday. The figure was lower than all forecasts in a Bloomberg survey of economists. Mike McKee reports on "Bloomberg...
Bloomberg
NJ Transit Union Votes to Strike
New Jersey Transit's locomotive engineers voted Thursday to authorize a strike after years of contract negotiations stalled, but any potential work stoppage or disruption to services is likely months away as mediation plays out. Skylar...
Bloomberg
Blinder: Less Than 50% Chance Fed Is Done Raising Rates
Former Federal Reserve Vice Chair Alan Blinder says there's a "reasonable chance" the Federal Reserve is done raising rates during an interview with Vonnie Quinn and Katie Greifeld on "Bloomberg Markets: The Close."
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Bloomberg
Dollar General Shares Down After Forecast Cut
Dollar General Corp., already on track for its first annual share decline, plunged again after slashing its profit forecast for the second straight quarter. Simone Foxman has more on "Bloomberg The Open."
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Bloomberg
Overcoming Supply Chain Disruptions
Bindiya Vakil, Resilinc Chairman, CEO & Co-Founder discusses the impact natural disasters have on the global supply chain recovery. She speaks with David Westin on "Wall Street Week Daily."