For decades, US equity exchanges have hit the pause button every night, leaving markets shut for several hours. Come December, the lights will stay on much longer as the stock market shifts toward around-the-clock trading.
The Group of Seven nations and its partners plan to release as much as 100 million barrels of emergency oil and diesel stocks, capping a week of mounting pressure from the Trump administration to bring down soaring fuel prices.
Jeffrey Rosenberg, portfolio manager of the Systematic Multi-Strategy Fund at BlackRock, reacts to the September US jobs report and its impact on the Federal Reserve’s interest rate path and US Treasury yields. (Source: Bloomberg)
Neil Dutta of Renaissance Macro Research says an October interest rate hike by the Federal Reserve may be on life support, but that could change with one bad inflation report. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
The UK is considering cuts to its flagship program to upgrade millions of homes, as it seeks more than £2 billion ($2.6 billion) in energy-department savings to help fund higher defense spending.
Low Ze Sheng has spent the past two years trading memecoins, chasing the jokes and bursts of attention that can send a token soaring before the crowd moves on.
The dollar posted its worst day in a month on Friday after a report showed the US added fewer jobs than expected in September, briefly leading traders to waver on bets the Federal Reserve will raise interest rates again this year.
A huge miss on the September US jobs report. Payrolls rose by 29,000, the estimate was for a gain of 90,000. The unemployment rate ticked up to 4.2%. Bloomberg's Michael McKee reports. (Source: Bloomberg)
Blue Owl Capital Inc. again limited redemptions from two of its private credit funds at 5%, as fears around artificial intelligence kept requests at its flagship technology fund well above industry peers.
Priya Misra, Core Plus Bond ETF portfolio manager at JPMorgan Asset Management, says markets are at the inflection point where “when the bond market speaks, everyone listens.” (Source: Bloomberg)
US equity futures rise after a week of sharp swings in yields, with the US payrolls report still to come. Anthropic is seeking to go public as soon as mid-November, with formal marketing for its IPO potentially starting the week of November 9. Veronica Clark of Citi joins "Bloomberg Brief" to look ahead to the US jobs report. (Source: Bloomberg)
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. (Source: Bloomberg)
The Tonito family endured a 14-month journey from Venezuela to reach a safe haven in the US. That prospect has become more uncertain under the new administration. Alicia A. Caldwell spoke with them about their experience and what might come next (Source: Bloomberg)
US stocks rose on Friday as key jobs data came in below expectations, taking pressure off the Federal Reserve to raise interest rates later this month.
Saudi Arabia has raised oil flows through its key cross-country pipeline to more than 80% of capacity, with volumes available for exports from the kingdom’s west coast reaching wartime highs as it sends less to domestic refineries.
Michael Haigh, global head of FIC and commodities research at Societe Generale, discusses levels of crude and diesel product in Europe’s strategic petroleum reserve. France has proposed that developed nations release reserves to ease surging prices at the pump. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
