Fran Wang News Today

(Bloomberg) -- One after another, Latin American nations are following in the footsteps of the US and Europe by imposing prohibitive tariffs on Chinese imports — a strain in what’s been an otherwise cozy relationship. Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall S...

(Bloomberg) -- A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden on Economy. This Data Shows WhyZyn Shortag

(Bloomberg) -- China’s factory activity expanded for a second month, the best streak in more than a year, bolstering hopes that the rebound in the world’s second-biggest economy can be sustained.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Sus...

The head of China’s central bank wants creditors engaged in debt restructurings for emerging market countries to agree on how to fairly share the burden of relief, according to people familiar with the situation.

(Bloomberg) -- The US labor market defied projections again with the biggest jump in payrolls in nearly a year, increasing the likelihood that the Federal Reserve will delay interest-rate cuts.Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyNY Area Rattled by 4.8 Magnitude Quake, Followed by AftershockIran Tells US to Step Aside as It Readies Response to IsraelZimbabwe Announces New Currency Called t

(Bloomberg) -- Chinese Premier Li Qiang downplayed concerns about challenges facing the economy and reassured investors that Beijing will step up supportive measures for growth, as the International Monetary Fund called on the government to carry out pro-market reforms. Most Read from BloombergUS Homebuyers Expecting $10,000 Savings Face Tough RealityHarassment and Drugs Plagued a Citigroup Division for YearsFed’s Powell Ready to Support Job Market, Even If It Means Lingering InflationGuc...

(Bloomberg) -- The US and China are discussing new measures to prevent a wave of emerging market sovereign defaults, according to people familiar with the situation, one of the most significant attempts in years at economic cooperation between the rival superpowers.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by ...

(Bloomberg) -- Chinese stocks have staged a nascent recovery from a $7 trillion rout, thanks to intensifying rescue efforts as authorities seek to prevent the market from slumping for a fourth straight year. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersNYCB’s Credit Gr...

(Bloomberg) -- China’s consumer prices marked their longest streak of declines since 2009, threatening a deflationary spiral that may require more government support to reverse. Its export growth engine is also faltering.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Assistant, EngineeringUK’s Sunak Authorizes Joint Military Strikes With US Against HouthisHertz to Sell 20,000 EVs in Shift Back to Gas-Powered CarsUS, UK Launch Airstrikes on Houthi Rebels After Red Sea...

(Bloomberg) -- Traders are ramping up bets on more monetary easing in China this year, as a feeble economic recovery heaps pressure on authorities to cut interest rates and provide ample liquidity.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandConfidential Jeffrey Epstein Documents Unsealed by New York CourtTech’s Losing Streak Extends Ahead of Jobs Test: Markets WrapDeadly Iran Blasts ...