Bloomberg
Jobs Report May Be Turning Point for Fed, Kroszner Says
Former Federal Reserve Governor Randall Kroszner, a University of Chicago Booth School economics professor, expects the Federal Reserve to hold rates in the "mid-fives" for a while during an interview on "Bloomberg Surveillance."
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Bloomberg
Cracks Emerge in US Labor Market
Bloomberg's Kate Davidson and Jordan Fabian discuss the June jobs report that showed the labor market softening, while wages grew and the unemployment rate lowered. They also discuss US Treasury Secretary Janet Yellen's trip to Beijing....
Bloomberg
June Jobs Report Shows Inflation Pressures Are Easing: Bernstein
Jared Bernstein, the head of the White House Council of Economic Advisors, says the US still has a robust jobs market and he says inflation pressures are easing. Nonfarm payrolls in June grew by 209,000 missing estimates. He's on...
Press Association
Partygate sleuth Sue Gray can join Starmer’s office after six-month wait
Partygate investigator Sue Gray has been cleared to start as Sir Keir Starmer’s chief of staff after a six-month cooling off period from when she quit as a senior civil servant. Whitehall’s appointments watchdog said on Friday it “shared...
Bloomberg
Jobless Claims Down Most Since 2021, GDP Revised to 2%
Initial jobless claims decreased by 26,000 to 239,000 in the week ended June 24 according to the Labor Department's report. First-quarter US GDP was revised up to 2%. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Fed's Powell Says SVB Shows Liquidity Rules Are Outdated
Federal Reserve Chair Jerome Powell says there is going to be a need for stronger supervision and regulations in the wake of SVB and the bank crisis earlier this year. He speaks during his semiannual monetary policy report to the House...
Bloomberg
New Zealand Announces Banking Inquiry Amid Profit Concerns
New Zealand's government announced an inquiry into its banking sector amid concerns that lenders are making excessive profits. Haidi Stroud-Watts reports on Bloomberg Television.
Press Association
Privileges Comittee report should be respected Mark Drakeford says
The Privileges Comittee report should be respected Mark Drakeford said on Friday during the British-Irish Council Summit in Jersey.
Press Association
Politics daily briefing: June 15
Daily politics briefing for June 15, as the Privileges Committee is set to release a report widely expected to say former prime minister Boris Johnson misled Parliament over Covid-19 lockdown breaches in Downing Street.
Press Association
Tory MP Brendan Clarke-Smith reacts to report on Boris Johnson
Tory MP Brendan Clarke-Smith says he is "appalled" at the "spiteful" verdict of the Privileges Committee into whether Boris Johnson deliberately misled MPs in the House of Commons.
Press Association
Rayner: Johnson 'not only a law-breaker but a liar'
Boris Johnson is “not only a law-breaker but a liar” and should apologise to the British public, Angela Rayner has said in response to the Privileges Committee report. Labour’s deputy leader told broadcasters: “I think that Privileges...
Press Association
Housing experts call for national home-building agency
Housing expert Dr Rory Hearne launches his report into a state home building agency at Leinster House in Dublin.
Bloomberg
Michael Page on Banking Sector Job Market
Olga Yung, Managing Director at Michael Page, discusses future for Credit Suisse staff following the bank's takeover by UBS. She speaks with David Ingles on "Bloomberg Markets Asia".
Bloomberg
BNEF's 2023 EV Outlook and Indonesia's Role
BloombergNEF predicts the passenger EV fleet could triple globally as previous laggards begin accelerating adoption. Indonesia in particular might see plenty of opportunities in that ramp-up as the need for infrastructure around EV's...
Bloomberg
Oil Fell to Three-Month Low After Goldman Cuts Forecast
Oil held near its lowest level in almost three months on persistent concerns over the demand outlook in China and the US. Stephen Stapczynski reports on Bloomberg Television.
Bloomberg
Loomis Sayles' Feng on China Property
Loomis Sayles Senior Credit Analyst Zhi Wei Feng discusses China's ailing property sector and her corporate bond strategies. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Press Association
Starmer lays out Labour plan for the steel industry
Pool clip answers from Labour leader Sir Keir Starmer following a visit to British Steel in Scunthorpe. He answers questions on how Labour will maximise the potential of green british steel, Rishi Sunak's visit to the US for trade talks,...
Bloomberg
US Services Activity Falls to Weakest Level This Year
The Institute for Supply Management's overall gauge of services fell to 50.3, the weakest level this year, while a measure of prices paid slid to a three-year low. Mike McKee reports on "Bloomberg Markets."
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Press Association
Micheal Martin: Tough climate targets 'will take time to bear fruit'
Tanaiste Micheal Martin says he doesn't underestimate the climate challenge, as a watchdog says Ireland are set to significantly miss emissions reduction targets Speaking during a visit to the annual Bloom festival in Dublin.
Bloomberg
BlackRock's Rosenberg: The Unemployment Rate Is 'Noisy'
Jeff Rosenberg, a senior portfolio manager at BlackRock, reacts to the monthly jobs report and says the unemployment rate is an extremely "noisy" series. He adds there's no data to support a Federal Reserve rate hike. He's on "Bloomberg...
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
El-Erian Says 'True to 2% Target' Fed Would Hike in June
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says a "true to their target" Federal Reserve would its benchmark interest rate at the next policy meeting in June. "If they are true to their word,...
Press Association
Varadkar discusses People Before Profit Bill on abortion
Irish premier Leo Varadkar discusses the People Before Profit Bill to expand access to abortion services being passed to the next stage in the Dail after the Minister for Health lost a vote to delay its reading. Speaking during a visit...
Press Association
Politics daily briefing: May 29
All the latest political developments in the UK as the Home Secretary is accused of letting violent criminals 'off the hook' following research showing that more than one in two robbery reports went unsolved.