Bloomberg
What S&P's PMI Report Signals for the ECB and Fed
S&P Global Market Intelligence Chief Business Economist Chris Williamson discusses the key takeaways from the S&P's August PMI report with Guy Johnson and Alix Steel on "Bloomberg Markets."
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Seth Harris On Potential UAW Strike
Seth Harris, Senior Fellow at the Burnes Center for Social Change at Northeastern University and Former Biden Labor Advisor, discusses whether or not he thinks the UAW, the largest auto worker union, will vote to authorize a strike as...
Bloomberg
American Air Pilots Approve Record Contract
American Airlines pilots approved a new contract that would provide 46% in cumulative pay raises and retirement contributions over its four-year term, along with a bonus, improved scheduling, sick leave and insurance benefits. Mary...
Bloomberg
Shwab Will Cut Staff, Close Offices to Save $500 Million a Year
Charles Schwab Corp. aims to save at least $500 million in annual costs by cutting jobs and closing or downsizing some corporate offices. Vonnie Quinn reports on Bloomberg Television.
Bloomberg
Concerns Over Entrenched Inflation
Chris Ailman, CalSTRS CIO and Sonal Desai, Franklin Templeton Fixed Income CIO look at the supply and demand of treasuries and the global sell-off in bonds. They also explain the importance of Japan as the largest holder of treasuries...
Bloomberg
UK Latest: Inflation Falls Less Than Expected
Inflation in the UK remained higher than expected last month. The latest Consumer Price Index data may encourage the Bank of England to raise interest rates again. Lizzy Burden has more on Bloomberg Television.
Bloomberg
Biden Says Inflation Can Keep Going Lower
President Joe Biden accused Republicans of prioritizing corporate profits over manufacturing jobs during a speech in Milwaukee a week before GOP candidates vying to replace him plan to gather there for their party's first presidential...
Bloomberg
UK Wage Growth Accelerates in Tight Labor Market
UK wage growth rose at the strongest pace on record, with average pay excluding bonuses rising 7.8% in the three months through June compared with a year ago. Bloomberg's John Stepek breaks down the jobs report on "Bloomberg Markets Today."
Bloomberg
Bank Contagion Concerns
Kristin Bitterly, Citi Head of North America Investments and Liz Ann Sonders, Charles Schwab Chief Investment Strategist discuss whether risks from commercial real estate and capital requirements will bleed through to the broader markets.
Bloomberg
China's $832 Billion Hedge Fund Industry Faces Major Shakeup
China's $832 billion hedge fund industry is bracing for a historic shakeup. Thousands of smaller managers may have to shut, while larger peers will likely face stricter regulations. Adam Haigh reports on Bloomberg Television.
Bloomberg
Core CPI Rises Modestly for a Second Month, Claims Rise
The core CPI rose 0.2% for a second month, marking the smallest back-to-back gains in more than two years, while weekly jobless claims rose more than estimated. Mike McKee reports on "Bloomberg Surveillance."
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Does the Federal Reserve Need Further Interest Rates Hikes?
Top Federal Reserve officials continue to weigh in on the hike versus pause debate, and whether they have already done enough to reign in inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Johnny Cash This Thing
Austan Goolsbee, Chicago Fed president tells us how the Fed plans to walk the thin line of lowering inflation while avoiding an economic downturn.
Bloomberg
Robust Jobs Number
Cecilia Rouse, Former Council of Economic Advisers Chair weighs in on US wages which rose at a faster-than-expected clip and is consistent with strong labor demand.
Bloomberg
Staying Restrictive
Austan Goolsbee, Chicago Fed president and Raphael Bostic, Atlanta Fed president sees strength in the labor market, but believes that the Fed's restrictive policy will remain in place well into 2024.
Bloomberg
Wage Inflation Concern
Lawrence H. Summers, Former Treasury Secretary tells us why he's concerned about wage inflation potentially sparking a reacceleration in inflation. He also explains why he doesn't yet see a soft landing for the US economy.
Bloomberg
US Employment Rises at a More Moderate Pace in July
US nonfarm payrolls increased 187,000 last month following a similar increase in June. The unemployment rate dropped to 3.5% and wage growth rose at a firm pace. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
July Jobs Report Shows US Is Beyond Covid, Kroszner Says
Former Federal Reserve Governor Randall Kroszner discusses what the July US employment report means for Fed policy with Tom Keene and Lisa Abramwoicz on "Bloomberg Surveillance."
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Bloomberg
Fed's Goolsbee: Jobs Market Is Still Very Strong
Federal Reserve Bank of Chicago President Austan Goolsbee says the jobs market is cooling a bit, but is still very strong. He speaks to Bloomberg's David Westin at the Aspen Economic Strategy Group Summit.
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Bloomberg
Summers: Wage Growth Not Consistent With Fed's Inflation Target
Former US Treasury Secretary Lawrence Summers says the acceleration in wage growth seen in the July jobs report is "not consistent with 2% underlying inflation, or close" on Bloomberg Television's Wall Street Week with David Westin.
Bloomberg
Jobs Data Signal Rate Hikes Over: BlackRock's Rosenberg
Jeffrey Rosenberg, BlackRock Systemic Multi-Strategy Fund portfolio manager, discusses what the July US employment report means for the yield market with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."
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Press Association
High street retailer Wilko set for administration with 12,000 jobs at risk
Wilko has said it plans to appoint administrators, putting about 12,000 jobs at the high street retailer at risk.
The boss of the homeware and hardware chain said it is expected to enter insolvency after failing to secure a takeover to...
Bloomberg
US Companies Add 324,000 Jobs in July, Topping Estimates
US private payrolls increased by 324,000 last month as companies added more jobs in July than expected. Michael McKee has more on Bloomberg Television
Bloomberg
Tech, Finance Rightsizing: Conference Board's Peterson
Dana Peterson, chief economist at the Conference Board, says what consumers see as a "white collar recession" is more about labor shortages versus not during an interview with Lisa Abramowicz on "Bloomberg Surveillance."
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