WASHINGTON (AP) — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. He figures the most expensive one will sell for more than $1,000. But he can’t settle on a price, and he…
By Yoruk Bahceli and Stefano Rebaudo LONDON (Reuters) – The European Central Bank is set to cut rates again on Thursday, but investors haven’t been this unsure in a while on what comes next. U.S. tariff risks are intensifying while the ECB may have to grapple with the impact of a new German government, a…
A look at the day ahead in U.S. and global markets from Mike Dolan The S&P500 stock benchmark plunged into the red for the year this week as an Nvidia-led selloff, economic slowdown fears and re-ignited trade war fears jarred while the dollar surged anew. Following Big Tech megacaps and small cap indexes into negative…
A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as investors grapple with risk posed by the U.S. intensifying its technology war with China in areas as varied as artificial intelligence, quantum computing and aerospace. The U.S. also is seeking to toughen…
(Bloomberg) — US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for now. Most Read from Bloomberg Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday and…
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that the U.S. administration’s trade war with China could have a detrimental impact on the 20-member euro zone. The ECB has lowered borrowing costs five times…
Why Goldman Sachs Analysts See Risk Of A Massive 30% Correction In The Stock Market In 2025 Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. There is a saying in Vegas that “everyone loves a gambler until they lose,” and if you’ve ever seen crowds gather…
I’m Katia Dmitrieva, Asia economics correspondent in Hong Kong. Today we’re looking at how Chinese factories are preparing for a second trade war. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Manufacturers…
China’s $11 trillion government bond market has moved into uncharted territory as a new era of monetary policy opens up debate over how much further yields will fall from record lows. Bond prices soared after the country’s powerful Politburo made its strongest commitment to monetary easing in more than a decade. The yield on China’s…
A look at the day ahead in European and global markets from Stella Qiu The rash of rate cuts over the past few days, with outsized 50 bp moves in Switzerland and Canada and a 25 bp easing by the European Central Bank, has helped to turbocharge the U.S. dollar, which jumped 1% on the…