macro

Federal Reserve Board announces approval of application by Fleur Capital Corporation

Robert Reich, former US Labor Secretary, discusses persistent inflation, very slow hiring, and wages that trail prices. He speaks with Romaine Bostick on Bloomberg's "The Close." (Source: Bloomberg)

Chris Phelan CEA Chairman, sees inflation clearly easing and thinks it's doing so quickly enough. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

An index tracking emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September after downward revisions to the prior two mon

Rising long-term bond yields are a global phenomenon, rooted in growing concern about government finances. But the US has led the way in this collapse of fiscal responsibility. As such, it bears outsized responsibility for thinking about solutions.

US issues sanctions against Hamas financing network, Treasury says Reuters

A Federal Aviation Administration review board says a software issue in certain Boeing 737 Max flight computers “is not a safety concern." Boeing shares rose on the news. George Ferguson of Bloomberg Intelligence has more. (Source: Bloomberg)

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)

Federal Reserve Board announces approval of application by Fleur Capital Corporation

US attorney-general Todd Blanche says not having ‘any oversight’ of the central bank’s $2.5bn renovation project ‘isn’t necessarily a crime’