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An index tracking emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September after downward revisions to the prior two months, according to Bureau of Labor Statistics data released Friday. The figure missed all estimates in a Bloomberg survey of economists. For more, we speak with Anisha Goodly, Fixed Income Managing Director at TCW. (Source: Bloomberg)
US stock-index futures moved higher on Friday as investors prepared for the monthly employment report for clues on the Federal Reserveโs path ahead.
Not so long ago, Washingtonโs approach to relations with Beijing was anchored by a single assertive phrase: dealing โfrom a position of strengthโ. It was rooted in a unipolar mindset: a belief that the United States could dictate terms, manage competition unilaterally and demand compliance from a distance. Yet, at their recent summit, Chinese President Xi Jinping and US President Donald Trump formally established a new strategic framework: a โconstructive strategic stability relationship based...
Christa Pike is in critical condition after two failed attempts to execute her by lethal injection, her lawyer says.
The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, according to a US official, a move that gives American commanders more options if Presidentย Donald Trumpย chooses to escalate attacks on Iran. Bloomberg's Stuart Livingstone-Wallace has the latest. (Source: Bloomberg)
The number of people applying for US unemployment benefits dipped last week to the lowest level since mid-July as lay-offs remain low and most American workers enjoy job security. The Labor Department said on Thursday that initial jobless claims ticked down to 197,000 from a revised 198,000 the week before. The four-week average of claims, which smooths out week-to-week volatility, dropped by 2,500 to 200,000. Claims for jobless benefits are a proxy for lay-offs, and economists watch them...
A new E1 sanctions bill could test whether US objections are finally backed by consequences.
Defense Secretary Pete Hegseth announced Wednesday that the United States has slashed the number of its generals and admirals by 20 percent, in a move he said is aimed at "accountability."
The personal consumption expenditures price index, the Federal Reserveโs preferred measure of inflation, increased 0.3% from a month earlier. Excluding food and energy, the PCE price index rose 0.2%. US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent inflation. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan & Goldman Sachs. Meanwhile the diplomatic stalemate between the US & Iran continues with Hormuz & nuclear weapons being the main sticking points despite mediation efforts from Qatar.ย Aniseh Bassiri Tabrizi, Associate Fellow MENA at Chatham House spoke to Bloombergโs Abeer Abu Omar on Horizons Middle East & Africa on the impasse between the two sides. (Source: Bloomberg)
Chinese President Xi Jinpingโs three-day state visit to Washington is over, but China watchers in Congress and the US-China policy community are still parsing a wide range of outcomes, with two more leadership summits expected before the end of the year. The talks between Xi and US President Donald Trump produced a series of joint announcements, including an extension of the US-China trade truce, investment commitments, an agreement to continue an AI dialogue and high-level engagement, as well...
For decades, Israel was untouchable in Washington. Gaza changed that. Josh Rushing investigates how and what comes next.
The US Treasury Department has put Wall Street on notice: Authorities are moving to rein in some of the most aggressive investment strategies used to cut investor tax bills.
Russian cash helped Essar, the firm behind the steel factory, manage major debts. Now the group's investing in the US.
The bond market is on the brink of signaling that a series of Federal Reserve interest-rate hikes will start shifting the narrative toward the risk that the US economy stalls out. (Source: Bloomberg)
Fading hopes for a breakthrough in the Middle East and rising inflation worries pushed US stocks lower before the bell on Monday.
In an interview with FRANCE 24 on the sidelines of the UN General Assembly in New York, South African Foreign Minister Ronald Lamola said Washington's plan to take in up to 17,500 more White South Africans was "a race-based policy", dismissing the "so-called genocide" of Afrikaners as "fake news".
โBloomberg: The China Showโ is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Bloomberg White House correspondent and national security editor Michelle Jamrisko is on Bloomberg This Weekend discussing renewed US-Iran diplomacy after indirect talks in New York failed to overcome disagreements over sanctions, the US blockade and the Strait of Hormuz. Speaking with hosts David Gura and Christina Ruffini, Jamrisko says the two sides remain on different timelines and also examines questions surrounding Taiwan after President Donald Trumpโs meeting with Chinese President Xi Jinping. (Source: Bloomberg)
The US president earlier said that Tehran only made the proposal to open the strait within seven days because "they're losing so badly".
Some analysts say extending the truce is pure optics - others say it's a useful step towards a more durable deal.
Applications for US unemployment benefits fell to the lowest level since July, edging down 1,000 to 197,000 in the week ended Sept. 19, according to Labor Department data released Thursday. Enda Curran reports on Bloomberg Television. (Source: Bloomberg)
US President Donald Trump welcomed Chinese President Xi โJinping to Washington on Wednesday for a three-day visit that will test relations between the superpowers as tensions simmer over trade, technology, Taiwan and Tehran. Xiโs first trip to the US in nearly three years was not expected to deliver major breakthroughs, but Washington and Beijing could extend their 11-month trade truce.
Diesel prices outside the US surged relative to American ones as the possibility of the Trump Administration introducing an export ban rattled the market.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce as Xi Jinping landed in America for his first state visit in eleven years. (Source: Bloomberg)
Washington is increasingly turning to South Korea to ease ammunition supply bottlenecks triggered by wars in the Middle East and Europe, potentially accelerating Seoulโs integration into the US defence industrial base. Analysts say the United States may struggle to replenish stockpiles quickly enough if conflicts in Iran and Ukraine drag on, creating opportunities for South Koreaโs defence industry to expand its presence in the US market. Jang Won-joon, a defence science professor at Jeonbuk...