US Retail Sales Point To Resilience
US retail sales posted solid advances in consecutive months for the first time this year, tempering concerns of…
Central Bankers Flock to Jackson Hole at Pivotal Moment
(Bloomberg) — A big week is coming up for the Federal Reserve and central bank enthusiasts. The Kansas…
How Switzerland’s tariff drama swung from hope to despair
(Bloomberg) — On July 4, as the US celebrated Independence Day, Switzerland’s top circle of ministers also had…
Trump’s Tariffs, BoE Cuts Rates, Brazil Hosts COP30 And More
The Bank of England reduced interest rates to a more than two-year low in a closer-than-expected decision that…
Apple Salaries Revealed: How Much AI Staffers, Engineers Make in 2025
As the race for AI supremacy consumes Big Tech, Apple lags behind many of its peers. Four of…
China Social Spending Hits Highest Level in Nearly 2 Decades
(Bloomberg) — China’s government spending has pivoted toward social welfare to a degree unseen for at least a…
Stocks Hold at Record, Dollar Jumps on Trade Hopes: Markets Wrap
(Bloomberg) — Wall Street traders left stocks at all-time highs while the dollar climbed the most since May,…
Oil prices caught between a $70 summer and growing surplus fears
(Bloomberg) — Oil traders are grappling with a tension — there’s a growing chorus of warnings about the…
Meme-Stock Roar Fades on Wall Street as Retail Finds New Thrills
(Bloomberg) — It was once a symbol of rebellion against the well-heeled Wall Street establishment. Today, it’s just…
China Budget Gap Hits Record in Spending Blitz to Offset Tariffs
(Bloomberg) — China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts…
Stocks Set for Record as Alphabet Stokes AI Hopes: Markets Wrap
(Bloomberg) — Stocks rose toward all-time highs as Alphabet Inc.’s results showed solid demand for artificial intelligence, bolstering…
Tariffs Loom Over Richly Valued Stocks
(Bloomberg) — The conventional wisdom on Wall Street appears to be that the US stock market’s latest march…