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Three voting members of FOMC call for higher borrowing costs after high-stakes meeting
Structured notes, sports index futures, ETF proliferation and AI slop.
Federal Reserve issues FOMC statement
India’s self-styled “cockroaches”— the youth movement protesting over leaked exam papers and systemic corruption — have dimmed Prime Minister Narendra Modi’s aura. They’ve also put the local business community on notice. And now that Modi has been forced to beat a rare retreat, there’s no telling wh
The archetypal metaphor for a fuel industry in crisis was hatched 53 years ago, during the 1973 Arab oil embargo: Endless lines at filling stations, drivers hoarding gasoline, fights breaking out over people jumping the queue.
Federal Reserve Chairman Kevin Warsh says markets can be a good source of information but not a determinative or perfect source during a news conference following the central bank's decision to leave rates unchanged. (Source: Bloomberg)
Bloomberg's Scarlet Fu joins Dani Burger on "Bloomberg Deals." Despite being less than halfway through earnings seasons, and with retailers yet to report, many consumer-facing companies have announced results that make it clear inflation is changing spending patterns. (Source: Bloomberg)
Apollo Global Management’s Torsten Slok said the Federal Reserve’s abandonment of forward guidance is fueling historic bond market volatility, sending Treasury yields swinging “up and down like a yo-yo.”
Ford shares rose after the automaker boosted its profit outlook for the second time this year, driven by robust consumer demand for high-margin SUVs. Bloomberg’s Keith Naughton reports on "Bloomberg Open Interest." (Source: Bloomberg)
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs