macro

Fed policymakers eye rate hike scenarios as AI debate deepens

Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank

Federal Reserve Bank of St. Louis President Alberto Musalem says the central bank is missing on the inflation side of its mandate during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland. (Source: Bloomberg)

Pacific Investment Management Co.’s leveraged finance chief urged investors to be cautious with the high-yield debt that finances data centers, where winners and losers are starting to emerge as issuance booms.

David Forgash, managing director and head of leveraged finance at Pimco, joins Dani Burger on "Bloomberg ETF IQ." They speak at the Goldman Sachs Annual Leveraged Finance Conference in Dana Point, California. (Source: Bloomberg)

Federal regulator pauses review of Union Pacific, Norfolk Southern’s $85 billion merger

Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank

Suriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the next year and a half, Annand Jagesar, managing director of Suriname’s state oil firm Staatsolie, has told Reuters. Suriname, which shares offshore geological properties with

Kevin Warsh takes oath of office as chairman and a member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee unanimously selects Warsh as its chairman

The paper that helped popularize the concept of a post-pandemic “urban doom loop” was finally published this February in the American Economic Review. A lot has changed since the authors of “Work from Home and the Office Real Estate Apocalypse” began circulating it in mid-2022, and there’s even been