Wall Street’s Booming June Is Big Bet Against Economy Doomsayers
(Bloomberg) — Wall Street is throwing a summer party with markets just closing out their best cross-asset advance…
Salesforce CEO Says 30% of Internal Work Is Being Handled by AI
(Bloomberg) — Salesforce Inc. Chief Executive Officer Marc Benioff said his company has automated a significant chunk of…
US New-Home Sales Drop by Most Since 2022 on Poor Affordability
(Bloomberg) — US purchases of new homes fell in May by the most in almost three years as…
Most Hawkish BOJ Member Flags Rate Hike Risk as Inflation Gains
(Bloomberg) — The Bank of Japan’s (8301.T) most hawkish member said it may be necessary to raise interest…
Here are the key takeaways from Powell’s testimony before house
(Bloomberg) — Here are the key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the House Financial…
New York to LA Ramp Up Security After US Airstrikes on Iran
(Bloomberg) — Major US cities are tightening security after President Donald Trump unleashed airstrikes on Iran, a direct…
Key Central Banks Hold on Rates
(Bloomberg) — Central bankers in the US, UK and Japan held the line on interest rates this week…
Stock Market’s Path Depends on Fed’s View of What We Don’t Know
(Bloomberg) — For investors and traders trying to game out where the US economy, the stock market or…