Article content (Bloomberg) — The sky is calling. With the total solar eclipse in North America, geomagnetic storms making the northern lights visible in unexpected US locations from Alabama to California, plus an aurora borealis that’s predicted to be at its most active now until 2026, travelers are increasingly taking inspiration from what feel like once-in-a-lifetime natural phenomena. Some […]
Breadcrumb Trail Links PMN Business The UK economy lost more than £257 billion ($327 billion) in potential output because of demotivated workers last year, adding to a productivity crisis that’s left the country falling behind other wealthy nations. Author of the article: Bloomberg News Irina Anghel Published Jun 12, 2024 • 3 minute read tqb2hct0r9sc886fk2lhnkid_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Indian Prime Minister Narendra Modi’s new cabinet will see the return of several old faces from his earlier administration, although there’s no clarity on the positions they’ll hold, including the key finance post. Author of the article: Bloomberg News Ruchi Bhatia, Shruti Srivastava and Swati Gupta Published Jun 10, 2024 […]
Breadcrumb Trail Links PMN Business Investors may glean more on the Federal Reserve’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates Wednesday for the first time in three months. Author of the article: Bloomberg News Steve Matthews and Craig Stirling Published Jun 08, 2024 • 7 minute read mpr75foo3lp[4k7yyujwsr53_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Banks are dumping assets and many of them are turning to a booming sector of the bond market to do so. Author of the article: Bloomberg News Immanual John Milton, Dan Wilchins and Abhinav Ramnarayan Published Jun 08, 2024 • 5 minute read s}}e5nc8s[a3ep8mpd8o0lnk_media_dl_1.png Bloomberg News analysis of JPMor Article […]
Breadcrumb Trail Links PMN Business Rishi Sunak’s unlikely bid to remain UK prime minister after July 4 appears in tatters after a week bookended by crises: one he thought he’d avoided but the other destined to go down as an historic self-inflicted blunder. Author of the article: Bloomberg News Alex Wickham Published Jun 08, 2024 […]
Article content (Bloomberg) — Taiwan central bank Governor Yang Chin-long indicated inflation is becoming less of a concern for the island’s economy, comments that come a week before a key decision on rates. “CPI, core CPI, important staples prices and commonly purchased items prices are gradually falling,” Yang told lawmakers during a regular question-and-answer session […]
Breadcrumb Trail Links PMN Business Whichever political party wins the UK general election on July 4, a massive debt hangover is in store, severely limiting what the poll-leading Labour Party or governing Conservatives can do in office. Author of the article: Bloomberg News Philip Aldrick and Andrew Atkinson Published Jun 02, 2024 • 4 minute […]
Breadcrumb Trail Links PMN Business A general from China People’s Liberation Army slammed the US for trying to create “an Asia-Pacific version of NATO” to maintain American-led hegemony. Author of the article: Bloomberg News Bloomberg News Published Jun 01, 2024 • Last updated 21 minutes ago • 6 minute read Ferdinand Marcos Jr. on May 31. […]
Breadcrumb Trail Links PMN Business The Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about the timing of interest-rate cuts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published May 25, 2024 • 6 minute read 21i{x0mj9n]wv{l}fvphebn)_media_dl_1.png Bloomberg Economics based […]