• Jan 14, 2025

Russia Inflation Set to Jump at Year-End as War Pushes Up Prices

(Bloomberg) -- Russian inflation is expected to have accelerated further from the central bank’s goal last month as the invasion of Ukraine continued to drive up prices for nearly all goods and services. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesAnnual price growth at the end of 2024 likely reached 9.8%, accelerating in December from 8.9% a month earlier despite historic

  • Jan 14, 2025

China’s Loan Market Stirs at End of First Down Year Since 2011

(Bloomberg) -- An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up appetite for financing in December, drawing to a close a year when new loans declined for the first time since 2011.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesThe worst of the plunge in demand for credit is likely over as Beijing’s stimulus

  • Jan 14, 2025

Huang bump seen fading for Nvidia-linked stocks riding AI rally

(Bloomberg) -- While mention of ties to Nvidia Corp. still sparks big jumps in shares of companies around the world, the gains can prove to be short-lived and some investors are questioning whether the halo effect is fading.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesSamsung Electronics Co.’s stock gained over 3% last Wednesday after Nvidia founder Jensen Huang expressed c

  • Jan 14, 2025

South Korea’s Jobless Rate Jumps as Political Row Hits Economy

(Bloomberg) -- South Korea’s unemployment rate rose to the highest level in more than three years as the number of jobs dropped, offering further evidence of an economy shaken by a martial-law row and a deadly airline crash.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesThe seasonally adjusted jobless rate jumped to 3.7% in December from 2.7% in the previous month, hitting th