Breadcrumb Trail Links PMN Business If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way. Author of the article: Bloomberg News Ramsey Al-Rikabi and Craig Stirling Published Apr 13, 2024 • 7 minute read Jerome Powell, chairman of the US Federal Reserve, from left, Kazuo […]
Article content (Bloomberg) — Alphabet Inc.’s Google will temporarily remove links to California news sites for an unspecified number of users in the state as it studies the impact of proposed legislation that would force the company to pay for serving up such content. Jaffer Zaidi, Google’s vice president of global news partnerships, said in […]
Breadcrumb Trail Links PMN Business Tomoki Yoshihara starts his shift at a meat-processing plant in rural Australia at 5am, and earns three times more butchering lamb for almost 50 hours a week than he did as a member of Japan’s military. Author of the article: Bloomberg News Momoka Yokoyama and Mia Glass Published Apr 12, […]
Breadcrumb Trail Links PMN Business Stocks in Asia mostly pointed higher after US equities recovered and bonds climbed ahead of key inflation data that will help shape the outlook for the Federal Reserve’s next steps. Author of the article: Bloomberg News Rob Verdonck and Rita Nazareth Published Apr 09, 2024 • Last updated 31 minutes ago […]
Breadcrumb Trail Links PMN Business Asian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy. China reopens after a two-day holiday. Author of the article: Bloomberg News Matthew Burgess Published Apr 07, 2024 • 3 minute read g8t3wkszflc8s})uteur1o9l_media_dl_1.png Bloomberg, Bureau of Labor Stati Article content (Bloomberg) — […]
Breadcrumb Trail Links PMN Business US consumer-price data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show a glacial slowdown in underlying inflation that explains the Federal Reserve’s cautious approach to lowering interest rates. Author of the article: Bloomberg News Vince Golle Published Apr 06, 2024 • […]
Article content (Bloomberg) — Equity markets in Asia look set to open higher as the Federal Reserve reiterated it’s in no rush to cut interest rates and will await more evidence that inflation is under control. Futures contracts for the Nikkei 225 index pointed higher, while trading is still closed in Australia and Hong Kong […]
Breadcrumb Trail Links PMN Business Healthy US employment gains continued in March while wage growth moderated, indicating the nation’s labor market is poised to keep stoking the economy with limited risk of an inflation resurgence. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Mar 30, 2024 • 6 minute read a]vn1aech9fdw3tmmzeg18sh_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Asian stocks were mostly set to open weaker after US equities pulled back from a rally that drove the S&P 500 to multiple records, spurring speculation the market has gone too far, too fast. Author of the article: Bloomberg News Jason Scott Published Mar 25, 2024 • 5 minute read […]
Article content (Bloomberg) — Canada’s equities benchmark index closed at a new all-time high Thursday on the backs of bank stocks, surging commodity prices and a rally in the country’s growing tech sector. The S&P/TSX Composite Index climbed to 22,087.26, setting its first record since 2022, as financial and real estate stocks led a broad-based […]