Business
US Core CPI Rises, Likely Keeping Fed Hike in Play
Excluding food and energy, the consumer price index rose 0.4% last month after a 0.5% increase in February, according to data out from the Bureau of Labor Statistics. Mike McKee takes a look at the numbers on “Bloomberg Surveillance.”
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Business
US Jobless Claims Drop to Lowest Level Since Mid-April
Initial claims jobless claims in the US decreased by 6000 to 216000 in the week ending Nov. 22, that’s the lowest level since …
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Business
China Vanke Seeks One Year Delay to Pay Bond
China Vanke is seeking a one-year delay to pay a two billion yuan note originally due on Dec. 15, as it faces mounting liquidity …
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Business
CME Glitch Hits Commodities Trading, S&P 500 Futures, Treasuries, FX
Trading of futures and options on the Chicago Mercantile Exchange have been halted for several hours on Friday due to a data …
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Business
Bloomingdale’s, Burberry CEOs Bet Big on Holiday Season
Olivier Bron, CEO of Bloomingdale’s, says consumers are ready to spend and he aims to rebuild the next golden age of the brand.
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@hornet224
January 31, 2024 at 4:27 pm
Government data: Garbage in, garbage out.
@gomachanLovely
January 31, 2024 at 4:27 pm
What sad story !!
@neilwadden1749
January 31, 2024 at 4:27 pm
I thought energy was not included in core inflation 🧐
@LinusWilson
January 31, 2024 at 4:27 pm
All these biz channels suffer from groupthink
@johndingle6293
January 31, 2024 at 4:27 pm
Market is running out of time. Stagflation will only shrink margins. Less sales and tighter margins.
@tomhook4819
January 31, 2024 at 4:27 pm
Inflation won't stop anytime soon. And Fed should keep hiking rate till at least the end of 2023.
@Cryptocoreano
January 31, 2024 at 4:27 pm
Bloomberg went full short i guess😅
@herbschmidt2401
January 31, 2024 at 4:27 pm
On these numbers would you stop rises in rate. No. Seems splitting hairs😢
@JohnSmith-fi7ir
January 31, 2024 at 4:27 pm
Hey there!
@illegalsmirf
January 31, 2024 at 4:27 pm
No chance.