World News by Wild Rose

On Bloomberg This Weekend, Bloomberg News Federal Reserve reporter Maria Eloisa Capurro previews the Fed’s upcoming rate decision, with policymakers widely expected to pause after September’s first rate increase since 2023 despite inflation remaining above target. Speaking with hosts David Gura and Christina Ruffini, Capurro explains why investors will scrutinize Chair Kevin Warsh’s language for clues about another potential rate increase and his efforts to reshape how the central bank approaches monetary policy. (Source: Bloomberg)

Seaport Research Partners Chief Equity Strategist Jonathan Golub tells Bloomberg This Weekend that stocks are not in an AI bubble, arguing that strong earnings and lower valuations show investors remain skeptical even as AI drives much of the market. Speaking with hosts David Gura and Christina Ruffini, Golub says a prolonged Middle East conflict could keep oil and inflation elevated, eventually forcing the Federal Reserve to respond as strains emerge in credit markets. (Source: Bloomberg)

A resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the Federal Reserve decision on interest rates. Brent crude settled near $117 as a flare-up in Middle East violence threatened supplies. Most S&P 500 firms fell even as selling pressure on tech shares abated. A gauge of chipmakers edged up, but posted its longest weekly drop since November. The Dow Jones Industrial Average slipped 1.2%. Treasuries relinquished a portion of the previous session’s rally. Co-Host of Odd Lots, Joe Weisenthal says it's important to the US Economy that tech companies fire on all cylinders. (Source: Bloomberg)

Independent voters’ economic anxieties highlight political implications of plummeting US consumer sentiment.

US consumer sentiment edged down to a five-month low in October as high prices and rising interest rates depressed morale. The University of Michigan’s final sentiment index eased to 48 from 48.1 in September, according to the survey released Friday. Even so, that was an improvement from the preliminary reading and topped all estimates in a Bloomberg survey of economists. Joanne Hsu, University of Michigan Surveys of Consumers Director joins to discuss. (Source: Bloomberg)

US consumer sentiment edged down to a five-month low in October as high prices and rising interest rates depressed morale.

Two weeks out from the Midterm elections, there’s bipartisan pushback against data centers that suck the water and power out of communities. Just two years ago, ChatGPT was still a brand new thing, and AI was admired with awe by most voters. Like in 2024, the hot button issue in swing constituencies remains inflation or ‘the price of eggs’. But anxiety over the end of the month is now coupled with anxiety over the end of the world. In 2026, bots and large language models write papers and churn out campaign ads. We'll ask about calls for regulation despite fierce resistance from tech billionaires and whether the latest wobbles from the stock market signal that the race to corner the market and scale up at warp speed may be running out of road.

Treasuries are set to keep falling out of favor as an equity hedge amid a return to a persistently elevated inflation regime. Frances Donald, Chief Economist at RBC, breaks down this elevated inflation regime and what it means for wages, the labor market, and US economy as a whole. (Source: Bloomberg)

Ahead of the midterms Trump has boasted about the performance of the US economy. BBC Verify looks at inflation, jobs and economic growth in the country.

At first glance, the past week’s inflation data look hot enough to change the Fed debate, but the details were less alarming: Inflation breadth narrowed, and traders expect PCE inflation later this month to tell a similar story. Jennifer Lee, Senior Economist at BMO Capital Markets, discusses global tightening and her outlook for the Fed's inflation fight. (Source: Bloomberg)

US tech stocks fell on AI debt worries and the dollar slipped; euro area inflation was confirmed at 3.8% and China's GDP is due on 19 October. The post US Tech Stocks Fall Over 2% as AI Debt Fears Grow | Global Economy, Oct 17 appeared first on The Rio Times.

Wall Street has spent the year betting on staggering AI growth while worrying about stubborn inflation. This week, investors got a fresh taste of both risks: a deepening rout in the AI complex that reached into its debt financing, and oil at $110 a barrel threatening to make inflation harder to contain.

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Societe Generale Americas Head of Research Subadra Rajappa, Columbia Threadneedle Investments Global Head, Fixed Income Gene Tannuzzo, BoFA Securities head of US Credit Strategy Neha Khoda, and JPMorgan Asset Management Fixed Income Portfolio Manager Stephanie Doyle. (Source: Bloomberg)

Gene Tannuzzo, global head of fixed income at Columbia Threadneedle Investments, and Subadra Rajappa, head of research at Société Générale Americas, join Scarlet Fu on "Bloomberg Real Yield." US producer prices rose in September at the fastest pace in more than four years as higher energy costs reverberated through the US economy. (Source: Bloomberg)

El último dato de inflación en EE.UU. confirmó que el alza en los precios de los combustibles ya está golpeando el poder adquisitivo de los estadounidenses. Es misma presión está complicando el panoreama electoral para los republicanos frente a las elecciones de noviembre. Desde la Casa Blanca, Kate Sullivan explica. (Source: Bloomberg)

ADP Chief Economist and ESG Officer Nela Richardson says the US has a lopsided economy. She says new data shows inflation is running hot while paychecks are not keeping up. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

While inflation numbers might not be disastrous, they’re still disappointing and moving in the wrong direction. Bloomberg Opinion columnist John Authers explains where this leaves the US, and if it will lead to any more rate hikes from the Fed. (Source: Bloomberg)

US stocks dropped to their worst day since July on Wednesday, following the latest signal that inflation is getting worse. The S&P 500 sank 1.1 per cent for a fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average fell 48 points, or 0.1 per cent, and the Nasdaq composite slid 1.9 per cent as stocks in the artificial-intelligence industry led the way lower. Stocks felt pressure from rising yields in the bond market, where worries grew after a report said US...

Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.

The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.