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The most accurate US bond forecasters of 2023 say the strong year-end rally won’t stretch into 2024. Ira Jersey of Bloomberg Intelligence discusses the calls. Follow Bloomberg for business...
Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off its $12 billion cloud business, kicking off the first...
The UK economy shrank more than expected in October as elevated borrowing costs and wet weather took their toll, setting the stage for another quarter of...
China’s export data dropped for the first time in three months in May, adding to the risks in the world’s second largest economy as global demand...
Bloomberg’s Julie Fine and Michael McKee discuss the Federal Reserve leaving interest rates unchanged, and the potential for rate cuts to come in 2024. They also...
The Bank of Canada was the first major central bank to pause rate hikes — only to jump back into action as housing prices jumped higher....
The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished by forecasting...
Goldman Sachs Group Inc. plans to combine its expanded asset management and private wealth businesses into one unit as CEO David Solomon embarks on his third...
The core CPI increased 0.3% following a 0.2% advance in October, according to government figures. From a year ago, it advanced 4% for a second month. Mike...
New Zealand’s economy has fallen into recession. Gross domestic product fell 0.1% from the prior three months, when it dropped an upwardly revised 0.7%, Paul Allen...
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