Breadcrumb Trail Links PMN Business It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended by top central bankers from around the world. And as usual, everyone is wondering in particular just what Fed Chair Jerome Powell — who’s expected to speak Friday morning — might have […]
Breadcrumb Trail Links PMN Business As fears of a severe US recession recede, investors flush with cash are looking to put money to work in junk assets. Companies with upcoming maturities are rushing to take advantage. Author of the article: Bloomberg News Tasos Vossos and Jill R. Shah Published Aug 19, 2023 • 4 minute […]
Article content (Bloomberg) — He wasn’t invited, but for now any event with Republican presidential candidates is ultimately about Donald Trump. That’s how a conservative forum in Atlanta — the staging ground for the ex-president’s latest indictment — ended up as a chance for his rivals to get some oxygen. Saturday’s schedule includes Vivek Ramaswamy, the businessman who’s riding a poll bounce but also is being sued by […]
Breadcrumb Trail Links PMN Business Telecom executive Joe Natale was at the center of an epic rift in the billionaire Rogers family two years ago. He lost that battle, but he’s still fighting them. Author of the article: Bloomberg News Derek Decloet Published Aug 18, 2023 • Last updated 32 minutes ago • 3 minute read […]
Article content (Bloomberg) — The UK military’s troops and machines need to adapt quickly to a rapidly warming world, according to a House of Commons report, that also spotlighted how a melting Arctic will open new maritime routes and potential battlegrounds. This year is on course to be the hottest ever in human history and as the planet warms, extreme weather events are set to become more frequent […]
Breadcrumb Trail Links PMN Business All around the world, bond traders are finally coming to the sobering realization that the rock-bottom yields of recent history might be gone for good. Author of the article: Bloomberg News Michael Mackenzie and Liz Capo McCormick Published Aug 17, 2023 • 4 minute read Join the conversation p02vz6c4us]h7t1gty0ee]zv_media_dl_1.png Bloomberg […]
Article content (Bloomberg) — Alberta will never comply with a federal plan to phase out carbon emissions from power generation by 2035 and will go its own way if such a plan is implemented, Premier Danielle Smith said. The province, which relies on fossil fuels for 89% of its electricity, can achieve a net zero […]
Breadcrumb Trail Links PMN Business China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook. Author of the article: Bloomberg News Bloomberg News Published Aug 12, 2023 • 6 minute read Join the conversation p{z5h5020x6orv[[8um4i6j0_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — China’s economy […]
Breadcrumb Trail Links PMN Business Walt Disney Co.’s ESPN has signed a long-term exclusive agreement with casino operator Penn Entertainment Inc., licensing its brand for sports betting and deepening the media giant’s ties to the growing online gambling business. Author of the article: Bloomberg News Gerry Smith Published Aug 08, 2023 • 3 minute read […]
Breadcrumb Trail Links PMN Business Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and then shift to policy easing next year as inflation cools and economic growth slows to a crawl. Author of the article: Bloomberg News Swati Pandey and Tomoko Sato Published Aug 06, 2023 […]