Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech gave central bankers and investors greater clarity on how he views the economy and the Fed’s path ahead, though questions remain about the timing and number of potential rate hikes. Bloomberg Odd Lots co-host Joe Weisenthal is on Bloomber
Content creator Macy Gilliam spent 90-hours over four months and about $2,000 making a sweater from scratch, starting with wool from a sheep at New York City’s Queens County Farm Museum. Gilliam joins Christina Ruffini on Bloomberg This Weekend where she explains that the project gave her a new appr
Warsh reiterated that policymakers have a "firm, fixed target" of 2% inflation at the 2026 Jackson Hole Economic Policy Symposium. Bloomberg's Maria Eloisa Capurro explains. (Source: Bloomberg)
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This might be remembered as a moment when the central bank switched approach
It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fallen, but still remained above levels typic
What in the World!
Europe’s most contradictory economy — world-class luxury and nuclear, chronic fiscal deterioration and political deadlock
What in the World!
Financial repression sounds like an extraordinary policy. Historically, it is closer to the ordinary condition of heavily indebted states. The phrase describes a collection of policies through which governments reduce the real cost of their obligations
Trade Secrets
US Stocks open split to close out the week as Wall Street holds its breath for Fed Chair Kevin Warsh's 10:00 a.m. ET Jackson Hole keynote — his first as chair and the most anticipated Fed speech since Warsh took over in June
Trade Secrets
The US Treasury announced an expansion of its liquidity support buyback operations for longer-dated securities, doubling the programme from $2 billion to at least $4 billion.
Trade Secrets
US Stocks open broadly higher as Nvidia's 15th consecutive earnings beat — revenue of $96.2 billion up 106% year-on-year and fiscal 2028 guidance implying 70% growth — reignites the AI trade and pushes Nasdaq-100 futures up 0.9%