Bloomberg

Bloomberg
Displaying 12817 results
BofA cuts CEO pay following 2023 profit decline
NEWS WIREHOUSES FEB 05, 2024
BofA cuts CEO pay following 2023 profit decline

Bank reduces Brian Moynihan’s total compensation after its shares performed the worst among its biggest rivals.

OECD warns central banks to hold firm in inflation battle
NEWS INDUSTRY NEWS FEB 05, 2024
OECD warns central banks to hold firm in inflation battle

The organization says it's too soon to say inflation will be controlled by 2025.

Fed rate cuts may not come until summer at the earliest
NEWS INDUSTRY NEWS FEB 05, 2024
Fed rate cuts may not come until summer at the earliest

Jerome Powell set a dovish tone in an interview Sunday on CBS' 60 Minutes.

Bond market rattled by overconfident rate-cuts bet
INVESTING FIXED INCOME FEB 05, 2024
Bond market rattled by overconfident rate-cuts bet

Treasuries slid on Powell comments and US jobs data.

Cat bonds are having a moment after hedge fund success
INVESTING FIXED INCOME FEB 05, 2024
Cat bonds are having a moment after hedge fund success

Mainstream investors are considering the risky niche investment.

LPL’s gatekeeper wary of bitcoin-ETF hype
INVESTING ALTERNATIVES FEB 04, 2024
LPL’s gatekeeper wary of bitcoin-ETF hype

The firm's head of wealth management solutions plans to assess the new funds' first three months of trading before deciding which to make available on its trading platforms.

Surge in January payrolls, wages dampens hopes for March rate cut
NEWS INDUSTRY NEWS FEB 02, 2024
Surge in January payrolls, wages dampens hopes for March rate cut

Nonfarm payrolls surged 353,000 in January, and average hourly earnings jumped 0.6%.

What's expected from Friday's jobs data?
NEWS INDUSTRY NEWS FEB 02, 2024
What's expected from Friday's jobs data?

The market may have been softer in 2023 than anticipated.

Meta, Amazon earnings spark $272B stock surge
INVESTING EQUITIES FEB 02, 2024
Meta, Amazon earnings spark $272B stock surge

Big tech companies have been cutting costs, refocusing business.

JPMorgan advises taking profit on five-year Treasuries
INVESTING FIXED INCOME FEB 02, 2024
JPMorgan advises taking profit on five-year Treasuries

Regional banks' fears and jobs data have fueled rise in notes.