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Bank of America put out a report saying rising rates in the US could set-off a recession or leave the economy mired in stagflation. The strategist behind that call is…
This year’s crypto sell-off shows no sign of slowing, and increasingly has mirrored the simultaneous sell-off in equities. Does the explanation for the downdraft reside in the changing nature of…
Tencent Holdings Ltd.’s revenue missed estimates after a sweeping government crackdown and Chinese economic malaise wiped out growth at the internet behemoth. And the company warned it will take time…
A welcomed revival in travel demand has helped Singapore Airlines Ltd. narrow losses in the second half of the fiscal year through March. Joyce Koh reports on Bloomberg Television.
…An entire generation of people is experiencing higher interest rates for the first time in their adult lives. Interest rates have been at historic lows since the global financial crisis…
It used to be possible to mine cryptocurrency with a decent laptop. Today, it’s a job done by huge operations running power-intensive machines round the clock. Bitcoin, the world’s biggest…
Ewen Stevenson, chief financial officer at HSBC Holdings PLC, discusses first quarter earnings, the business in China and China’s real estate sector. He speaks on “Bloomberg Daybreak: Middle East.”
…As central banks around the globe begin to unwind their massive pandemic-era stimulus programs, bond markets are already feeling the impact. How will monetary tightening impact international spreads, and what…
Is the U.S. economy headed toward a recession? Fundamental indicators such as inflation and GDP suggest a potential contraction, but employment, wage growth and consumer spending remain strong. Here’s what…
Food prices hit an all-time high this year, and that was before war broke out between two of the world’s biggest food producers. Now, Russia’s invasion of Ukraine threatens to…