Blog
Bloomberg “U.S. Growth Cools to 2.3% While Compensation Costs Accelerate.” U.S. economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business investment cushioned some of the weakn...
Bloomberg “U.S. Softens Stance on Rusal Sanctions; Aluminum Plunges.” The U.S. softened its position on sanctions against Russian metals giant United Co. Rusal, sparking a record plunge in aluminum prices. For the first time, the U.S. Treasury disc...
Bloomberg “Trump Slams OPEC as Cartel Pushes Harder for High Oil Prices.” U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets. “Looks like OPEC is at it again,...
Bloomberg “U.S. Stocks Advance as Middle East War Talk Cools: Markets Wrap.” U.S. stocks fell for the first time in four days as trade tensions resurfaced amid mixed earnings reports. Oil and metals rallied, while Treasuries slipped. The S&P 500 ...
Bloomberg “Trump Blasts China, Russia for Devaluing Currencies as Fed Hikes.” President Donald Trump accused China and Russia of devaluing their currencies, opening a new front in his argument that foreign governments are taking advantage of the U.S...
Bloomberg “U.S. Stocks Advance as Middle East War Talk Cools: Markets Wrap.” U.S. stocks rose and Treasuries retreated as investors speculated that tensions in the Middle East won’t escalate into a destabilizing conflict. Crude slid after climbing...
Bloomberg “Russian Markets Slide After U.S. Ups Ante With the Worst Sanctions Yet.” The most punitive U.S. sanctions yet to descend on Russian companies and oligarchs are battering the nation’s assets as the Kremlin scrambles to contain the damage...
Bloomberg “U.S. Stocks Slump, Treasuries Rise on Trade, Jobs: Markets Wrap.” U.S. stocks fell and Treasuries rose as investors assessed the latest threat to the global trade order and a disappointing jobs report. The S&P 500 pared its weekly gain a...
Bloomberg “Stocks Battered as Protectionism Sparks Volatility: Markets Wrap.” Fears of a trade war between the world’s two largest economies returned to haunt markets on Wednesday, mauling U.S. stocks and sending investors into haven assets from T...
Bloomberg “Amazon Slides With Another ‘Long Day’ for Tech Traders.” Tech stocks are in for another volatile day as Tuesday’s selloff gave way to a pre-market roller coaster. Facebook Inc. initially led peers higher in early trading after unve...