by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Goldman Sachs Group Inc. President John Waldron said the US government should not be lulled into thinking that there’s insatiable appetite for its debt. “There’s no evidence we cannot just keep going, but those of us who have been watching this for a long time are...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US shoppers. The British fashion house will likely reveal that its fiscal fourth quarter — which will be reported on...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Rate cut bets drive highest optimism since November 2021: BofA But investors expect weaker global growth, corporate earnings Wagers on interest rate cuts have sent investor optimism to a two-and-a-half-year high, but stocks will suffer if evidence of stagflation...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Daiwa Securities will become Aozora’s biggest shareholder Aozora posted first loss in 15 years after US property turmoil Daiwa Securities Group Inc. shares tumbled after the firm said it will take a stake in Aozora Bank Ltd., which just suffered its first loss in 15...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
New Zealand is experiencing a record exodus of citizens as a sluggish economy reduces job opportunities. Some 78,200 citizens departed in the year through March, Statistics New Zealand said Tuesday in Wellington. That’s up from 74,900 in the year through February....
