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US Inflation Is Set to Reassure a Labor Market-Focused Fed

(Bloomberg) -- US inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more of its policy focus...

Saudi Arabia Raises Asia Oil Price as Volatility Grips Market

(Bloomberg) -- Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments...

Oil ‘Tourists’ Pile Into Market Amid Biggest Rally in Two Years

(Bloomberg) -- Reza Dilmaghani mostly trades equities, but for the past week he’s been dipping in and out of the oil market, lured by...

Charting the Global Economy: US Labor Market Powers Forward

(Bloomberg) -- Surprisingly robust September job growth in the US undercut chances of another big reduction in interest rates from the Federal Reserve.Most Read...

EU Tests Mettle to Take On China With New EV Tariff Fight

(Bloomberg) -- The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles in a move that...

Ben Horowitz Will Donate to Harris Campaign After Trump Support

(Bloomberg) -- Venture capitalist Ben Horowitz and his wife plan to make a “significant” donation to the presidential campaign of US Vice President Kamala...

Ed Yardeni Sees Fed Pausing Rate Cuts for 2024 After Jobs Report

(Bloomberg) -- The Federal Reserve’s monetary-easing campaign for 2024 may already be over as the strong labor report Friday underscores the stubborn resilience of...

Klarna Board Seeks Ouster of Ally to Co-Founder Amid Clash

(Bloomberg) -- Klarna Bank AB’s board has agreed to remove an ally of the firm’s co-founder Victor Jacobsson amid a continued clash at the...

Arcadium Lithium Jumps After Report of Potential Rio Tinto Deal

Yahoo Finance VideoIt's not too late to play the China stimulus rally: StrategistChinese stocks jumped after China’s central bank announced a stimulus package last...

Short Seller Andrew Left Asks Judge to Dismiss SEC Fraud Case

(Bloomberg) -- Short seller Andrew Left said a Securities and Exchange Commission lawsuit was accusing him of breaking a rule that doesn’t exist and...

Departing SEC Enforcement Chief Grewal to Join Milbank Law Firm

(Bloomberg) -- Gurbir Grewal, the US Securities and Exchange Commission’s top enforcement official, will join law firm Milbank after he leaves the regulator later...

Powell’s Outsized Influence Signals Smaller Fed Cut, Nomura Says

(Bloomberg) -- The Federal Reserve is likely to downsize its rate cuts to 25 basis points at both the November and December policy meetings,...

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