Bloomberg Markets
Why the Chicago Fed president is thinking about the next shock.
Yahoo Finance
Yahoo Finance
Financial Times
New York judge says president’s arguments were ‘neither new nor legally sufficient’
Bloomberg Markets
Tom Keene and Lisa Abramowicz host a special edition of "Bloomberg Surveillance" live from Jackson Hole. In his debut as Fed Chair at the annual gathering, Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers still have “work to do” unless they can be confident it is. Guests include Cleveland Fed President Beth Hammack, former Kansas City Fed President Esther George, the Bank of England’s Catherine Mann, Cornell University’s Eswar Prasad, Citi Wealth CIO Kate Moore, NewE
Yahoo Finance
Bloomberg Markets
Inflation remains high and the 2% target is further away than it was this time last year. There are signs all over that the economy is overheating — the strange labor market where hiring and firing remains low, while GDP is growing, but mostly due to AI and the data center buildout — and Chicago Federal Reserve Bank President Austan Goolsbee is worried about how uncertain central bankers are about what to do to cool the economy. The next shock, he tells us, could be around the corner. In this co
Yahoo Finance
Bloomberg Markets
Blue Owl Capital Inc. funds led a $2.4 billion debt deal for cloud computing provider Iren Ltd., which will use the proceeds to buy Nvidia Corp.’s Blackwell Ultra GPUs for a data center campus in Canada.