Article content (Bloomberg) — Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies. Article content “I’ve been in the investment business for 35 years, and I can tell you […]
Breadcrumb Trail Links PMN Business A plunge in global risk appetite is pushing emerging-market investors into higher quality dollar bonds, signaling a years-long rally in junk debt from developing nations might be at an end. Author of the article: Bloomberg News Zijia Song and Carolina Wilson Published Mar 16, 2025 • 4 minute read 0{g{q]369j3ig5d[dtb8tnz{_media_dl_1.png […]
Breadcrumb Trail Links PMN Business UK Prime Minister Keir Starmer said some 25 allied leaders agreed on Saturday to keep tightening restrictions on Russia’s economy in an effort to draw President Vladimir Putin to the negotiating table to secure a cease-fire in its war with Ukraine. Author of the article: Bloomberg News Alex Wickham Published […]
Breadcrumb Trail Links PMN Business The early salvos in a North American trade war have been a boon to the operator of Canada’s largest derivatives exchange. Author of the article: Bloomberg News Bernard Goyder and Stephanie Hughes Published Mar 15, 2025 • 2 minute read u[5ccn7]uhocio0wra0cb}fz_media_dl_1.png Bloomberg Article content (Bloomberg) — The early salvos in […]
Breadcrumb Trail Links PMN Business At a Canadian mountain retreat, some of the US’s closest allies tried to divine over private conversations and public interactions where Secretary of State Marco Rubio really stands vis-a-vis his boss. Author of the article: Bloomberg News Samy Adghirni, Arne Delfs and Brian Platt Published Mar 14, 2025 • 3 […]
Breadcrumb Trail Links PMN Business Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda comes with a catch: lower prices. Author of the article: Bloomberg News Kevin Crowley and David Wethe Published Mar 14, 2025 • 4 minute read Wael Sawan Photographer: F. Carter Smith/Bloomberg […]
Breadcrumb Trail Links PMN Business A San Francisco federal judge ordered the Trump administration to rehire thousands of the government’s newest employees who were terminated in early February. Author of the article: Bloomberg News Courtney Rozen and Isaiah Poritz Published Mar 13, 2025 • 2 minute read WASHINGTON, DC – JANUARY 07: Commuters brave the […]
Breadcrumb Trail Links PMN Business Russian and European officials say the US is exploring ways to work with energy giant Gazprom PJSC on global projects, a step toward forging closer ties with the Kremlin while trying to broker a peace deal on Ukraine. Author of the article: Bloomberg News Bloomberg News Published Mar 13, 2025 […]
Breadcrumb Trail Links PMN Business US stocks resumed a three-week selloff Thursday, with the S&P 500 again falling 10% from its all-time high on renewed worries that tariffs will destabilize the American economy. Author of the article: Bloomberg News Natalia Kniazhevich Published Mar 13, 2025 • 3 minute read Traders work on the floor of […]
Breadcrumb Trail Links PMN Business The Bank of Canada is likely to cut interest rates for a seventh straight meeting on Wednesday as the country braces for a trade war that will plunge the economy into recession unless there’s a swift resolution. Author of the article: Bloomberg News Erik Hertzberg Published Mar 11, 2025 • […]