The Federal Reserve is just one of 16 central banks making interest-rate decisions this week, but it is the most widely watched monetary policy body in the world. And its current path – errant though it may be – is having a profound effect on the global economy by pushing up the U.S. dollar. The most recent data on the U.S. housing market surprised to the up ... Show More
Yesterday
Blowout Jobs Report, Record Highs in Asia, Bitcoin Slips Again
U.S. non-farm payrolls delivered a major upside surprise. The U.S. economy added 130,000 jobs, roughly double expectations, while unemployment fell to 4.3%. The data suggests labor market stabilization despite recent economic uncertainty. Stocks initially reacted positively, thou ... Show More
5m 56s
Sep 2022
A historic week for the global economy
On World Business Report, we look back at a turbulent seven days for central banks, markets and businesses. It's been a week in which the Federal Reserve raised interest rates again, prompting other central banks to follow; but the move has had negative effects on other major cur ... Show More
27m 48s
May 2022
Bloomberg Wall Street Week: May 27th, 2022
One of the most iconic brands in financial television returns for today's issues and today's world. On this edition of Wall Street Week, Liz Ann Sonders, Charles Schwab Chief Investment Strategist & Ben Inker, GMO Co-Head of Asset Allocation wrap up a volatile week in the markets ... Show More
32m 22s
Jul 2022
Bloomberg Wall Street Week: July 15, 2022
One of the most iconic brands in financial television returns for today's issues and today's world. On this edition of Wall Street Week, David Bianco, DWS Americas CIO & Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, wrap up the week in the markets. Greg Fleming, ... Show More
32m 23s
Oct 2020
Bank profits in a recession
<p>The market volatility of the past few months has been a boon for the trading divisions of many Wall Street banks, including Morgan Stanley. Laura Noonan, the FT’s US banking editor, explains how success in trading, and a focus on wealth management has positioned Morgan Stanley ... Show More
18m 54s
Sep 2023
Central banks made bonds sell off
<p>This week, one central bank after another made it clear that interest rates need to stay higher for longer. As a result, government bond yields rose sharply, the US dollar strengthened and equities sold off. Only the Bank of Japan remains on a different wavelength, keeping its ... Show More
17m 11s