• Jan 11, 2025

Charting the Global Economy: Bond Yields Soar to Kick Off 2025

(Bloomberg) -- Global bond markets sold off this week as investors worried about lingering inflationary pressures and heavy government borrowing.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersA selloff in the $28 trillion US Treasury market deepened after a blowout

• Jan 10, 2025

Reeves Seeks Growth on China Visit After UK’s Market Pain

(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves kicked off a two-day China visit Saturday, a landmark exchange highlighting the Labour government’s efforts to stay focused on long-term plans to get the British economy growing again even as fiscal concerns mount back home.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew

• Jan 10, 2025

Why Reeves ‘fled to China’ as bond markets fell into crisis

Rachel Reeves has been accused of being “missing in action” after flying to Beijing on Thursday to meet with communist officials, despite turmoil in the UK bond market.

• Jan 10, 2025

Starmer Brushes Off Musk, But Is Haunted by UK Market Rout

(Bloomberg) -- Keir Starmer’s allies spy a silver lining at the end of a week dominated by Elon Musk’s interventions in British politics and global market turmoil that endangers the UK prime minister’s economic plans.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersW

• Jan 10, 2025

Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets

"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," Jeremy Siegel said.

• Jan 10, 2025

Why Biden’s Farewell Russian Oil Trade Sanctions Are a Big Deal

(Bloomberg) -- The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe Biden leaves the White House to be replaced by Donald Trump as president. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersIf they

• Jan 10, 2025

Mobileye Stock Price Levels to Watch After This Week's 28% Drop

Mobileye shares lost more than a quarter of their value this week as investors were left unimpressed by the company’s presentation at the CES consumer electronics trade show. Monitor these important chart levels.

• Jan 10, 2025

Biden Goes Out With a Bang in the Jobs Market

President Joe Biden is ending his term in office with a remarkably strong labor market. According to data released Friday by the Labor Department, employers added a surprising 256,000 jobs in December, the largest increase since March, and the unemployment rate dropped a tenth of a percentage point to 4.1%. Both numbers were better than analysts expected. Most sectors of the economy saw job growth during the month, including healthcare (up 46,000 jobs), retail (+43,000) and government (+33,000).

• Jan 10, 2025

5 black swan events that could surprise the market this year

BCA doubled-down on its recession call for 2025, previously predicting that US stocks could drop by as much as 26% this year.

• Jan 10, 2025

Why Investors Were Bailing From Altcoins This Week

Crypto investors no doubt spent much of this week fondly remembering the good old days, i.e., much of 2024, when their holdings rose in price more often than not. According to data compiled by S&P Global Market Intelligence, Chainlink (CRYPTO: LINK), one of the more popular, high-profile utility tokens, lost almost 16% of its value across the week. Uniswap (CRYPTO: UNI) fared little better, booking "only" a 15% decline, while Bitcoin Cash (CRYPTO: BCH) investors could possibly console themselves with a relatively shallow 10% dip.