Spending in the U.S. just slumped, and Bank of America isn’t sure why
Something funny just happened in the U.S. economy, according to Bank of America after the nation’s number-two bank looked at credit- and debit-card use by its customers.
Something funny just happened in the U.S. economy, according to Bank of America after the nation’s number-two bank looked at credit- and debit-card use by its customers.
Demand for chemical products remains high, even though the blockade of the Strait of Hormuz has complicated supply chains, says Conrad Keijzer, CEO of Swiss chemicals company Clariant. He spoke on “The Pulse with Francine Lacqua” on Bloomberg TV. (Source: Bloomberg)
UK government bonds rallied as Prime Minister Keir Starmer said he would stay as the Labour leader despite the party’s election losses.
Bank of America Corp. didn’t have a mandate to work on a block trade in Esprit Holdings Ltd. when it had phone calls with Segantii Capital Management to discuss the deal, a prosecution witness said during the hedge fund’s trial for insider trading.
A $740 million dispute between Gold Fields Ltd. and a mining contractor in Ghana will be fought out in arbitration.
(RTTNews) – Gold traded higher above $4,700 an ounce on Friday as the dollar index struggled around the 98 mark ahead of the U.S. jobs report due later in the day and the CPI report, scheduled for next Tuesday.
Bulgaria’s parliament voted in the nation’s first single-party government with a majority this century after Rumen Radev’s landslide victory, ushering in another European Union leader critical of the bloc’s mainstream.