US Initial Jobless Claims Decrease to 192,000
US Initial unemployment claims in regular state programs slid to 192,000 in the largest weekly decline since July, while housing starts surprised to the upside for February. Michael McKee has…
Mohamed El-Erian and Rick Rieder on the Jobs Report
Bloomberg Opinion’s Mohamed El-Erian calls jobs report data “really tricky” on The Open with BlackRock’s Rick Rieder. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles…
US Producer Prices Unexpectedly Fall
The producer price index for final demand fell 0.1% from the prior month and increased 4.6% from a year earlier, according to data from the Bureau of Labor Statistics. Retail sales also…
US in Recession, Choppy Market Ahead: Schwab’s Kleintop
US in Recession, Choppy Market Ahead: Schwab’s Kleintop Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook:…
What to Watch for in U.S. CPI Report
U.S. CPI data for February is expected to fall to 6% year-over-year as traders look for cues that may trigger further shifts in bets on the next move by the…
US Banks Sitting on Billions of Losses
Unrealized losses among US lenders have been growing rapidly under the Federal Reserve’s aggressive rate-hike regime, even before the Silicon Valley Bank’s collapse. David Ingles reports on Bloomberg Television. ——–…
Jobless Claims Rise to Highest Level Since December
US initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed. Mike McKee takes a look at the numbers on “Bloomberg Surveillance.” Follow…
What to Expect From the February Jobs Report
US payroll growth has topped estimates for 10 straight months. But what will the numbers from February show us and how will the Federal Reserve react? Bloomberg’s Mike McKee has…
Jamie Dimon: A Mild Recession Is Possible
JPMorgan CEO Jamie Dimon says a mild recession is possible in the US. He speaks to Bloomberg’s Ed Hammond. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data,…
Blackstone Defaults on $562 Million Nordic CMBS
Blackstone defaulted on a $562 million bond backed by a portfolio of offices and stores owned by Sponda Oy, a Finnish landlord it acquired in 2018. John Gittelsohn has more on…