Articles filed under Bloomberg
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Retailers have no room for error this holidayOct 06, 2024 7:00 am - With interest rates lower, inflation collapsing and wages rising faster than prices, there’s potential for a very happy holiday for U.S. retailers. But it’s not time to c...
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Starbucks buys research farms as climate change threatens coffee supplyOct 03, 2024 9:41 am - Starbucks Corp. is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to climate change, which alre...
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Morgan Stanley warns of 70,000 US monthly jobs hit from Trump tariffsOct 01, 2024 8:31 am - Morgan Stanley economists estimated that implementation of Republican tariff-hike proposals would drive up inflation and impose a hit to US economic growth that undercuts...
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US debt dynamics ‘inconsistent with a AAA rating,’ Moody’s saysSep 24, 2024 7:06 am - The next U.S. administration “must grapple with widening budget deficits,” warned Moody’s Ratings in a report published Tuesday, nearly a year after it announced a negative outlook for the country’s sovereign credit profile.
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Citadel Securities pulls back on plan to trade directly with FedSep 18, 2024 10:56 am - Citadel Securities has quietly shelved plans to join one of Wall Street’s most prominent clubs: The ranks of bond dealers that trade directly with the Federal Reserve. Fo...
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Michael Jordan finally finds buyer for his Highland Park mansionSep 17, 2024 9:13 am - Basketball legend Michael Jordan has found a buyer for his ultra custom mansion in Highland Park and is on track to end his years-long saga to sell one of the most iconic...
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Edgy traders brace for potentially ‘pivotal’ Trump-Harris debateSep 10, 2024 8:14 am - Investors weighing election risks ahead of the first U.S. presidential debate between Vice President Kamala Harris and former President Donald Trump are already a lot mor...
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Nestle to focus on food sales again after CEO’s experimental betsAug 25, 2024 5:43 am - The world’s biggest food company is getting back to basics — feeding a growing planet, but one whose consumers are both more savvy and financially stretched. Nestle SA, t...
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New U.S. home construction falls to slowest pace since May 2020Aug 22, 2024 8:19 pm - New-home construction in the U.S. fell in July to the lowest level since the aftermath of the pandemic as builders respond to weak demand that’s keeping inventory levels high.
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U.S. renters get perks as building boom eases supply, Zillow saysAug 18, 2024 5:45 am - US renters are winning concessions when they sign new contracts, an indication that surging apartment construction is easing the supply squeeze, according to a new blog p...