MarketWatch
Treasury Secretary Scott Bessent’s plan to calm markets is being short-circuited.
Yahoo Finance
Bloomberg Markets
Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record of the central bank’s most recent policy debate showed.
Uncertainty, however, continued to weigh heavily on Fed officials at their July 28-29 meeting.
Jack Manley, Global Market Strategist at JPMorgan Asset Management, discusses what he expects to see at Jackson Hole, as well as his thoughts on the depth of the AI trade. (So
Bloomberg Markets
China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of a property tycoon who exemplified the country’s real estate boom and bust.
Nicole Sy explains. (Source: Bloomberg)
Bloomberg Markets
Walmart shares slide after slower US sales growth, but Greg Melich, Evercore ISI Senior Managing Director, says the retailer still has powerful advantages. He joins Bloomberg Open Interest to explain why aggressive price cuts, fast-growing advertising revenue and Walmart’s scale could help it win market share even as consumers slow and competition with Amazon intensifies. (Source: Bloomberg)
Bloomberg Markets
Brown Harris Stevens CEO Bess Freedman says America’s housing market is splitting in two: luxury buyers remain active while affordability deteriorates for everyone else. She joins Open Interest to warn that New York’s taxes and rent policies could backfire, and argues the clearest solution includes loosen zoning rules and incentivizing developers to build more homes. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)