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July 16, 2024
Citis analyst call is getting underway. Jp morgan had their analyst call. Those stocks are now lower. Sonali basak has been on the call and joins us now. Why the rollover here . What has been the take away so far . Sonali we saw lower Loan Loss Provisions than initially expected, but at the same time, theres a lot of uncertainty ahead. Reserves releasing slowly because we dont know what the economy is going to look alike the future. Jamie dimon told media this morning that there could be conside...
July 16, 2024
The last halfhour or so. The morning started out on a grim note with initial jobless claims very close to 3 million once again. Of smallerixth week jobless claims, but nevertheless , at those rates, it is still pretty dire. The dollar index is stronger today. Weaker euro and weaker sterling, too. We continue to see gains in the oil patch. 37, and brent crude trading above 30 a barrel. Governor Andrew Bailey also seeing the bank of england is not currently considering lowering Interest Rates belo...
October 9, 2023
Bloomberg News reporter Bryce Baschuk has left the news organization and is now freelancing. He previously covered the World Trade Organization and was based…
August 1, 2023
(Bloomberg Markets) -- In Morocco trucks from a Connecticut logistics company ferry car parts and clothing across the Strait of Gibraltar. In Japan a new ­semiconductor plant transforms a once-quiet farm town. In France a battery plant’s staff learns to supervise new colleagues: robots.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsLots of US Homeowners Want to Move. They Just Have Nowhere to GoUS, Europe Are Growing Alarmed by China’...
August 1, 2023
Traffic is surging as the US tries to source more supplies from Mexico because of the trade war with China.
August 1, 2023
(Bloomberg) -- The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel and aluminum this year, setting up a decision to either extend an October deadline or allow the return of tariffs on billions of dollars of transatlantic exports. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Market...
August 1, 2023
(Bloomberg) -- The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel and aluminum this year, setting up a decision to either extend an October deadline or allow the return of tariffs on billions of dollars of transatlantic exports. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTru...
July 31, 2023
(Bloomberg Markets) -- In Morocco trucks from a Connecticut logistics company ferry car parts and clothing across the Strait of Gibraltar. In Japan a new ­semiconductor plant transforms a once-quiet farm town. In France a battery plant’s staff learns to supervise new colleagues: robots.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. The...
July 5, 2023
Administration officials have been fine tuning President Joe Biden’s widely anticipated executive order on outbound investments for months.
July 3, 2023
Gottstein investigated for his role in the implosion of a $10bn group of funds linked to disgraced financier Lex Greensill