Three Inflation Misses Bring Little Joy to Bearish Gilt Traders

Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.

Boomer Wealth Transfer Set to Favor America’s Richest Families

An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…

India Wins Bigger Duty-Free Steel Export Quota in UK Trade Deal

India has renegotiated a higher quota for duty-free exports of steel to the UK under a free trade pact the two nations signed last year, according to Commerce Secretary Rajesh…

India Unveils Trial Index to Track Services Sector Activity

India’s new experimental measure for services sector activity showed growth across most categories in April.

Warsh Says Fed Has ‘No Tolerance’ for Elevated Inflation

Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five…

US CPI Falls for the First Time Since 2020, Core Gauge Flat

US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve…

UBS' Watt on Upcoming CPI Report, Warsh Testimony

Abigail Watt, US Economist at UBS, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to discuss the upcoming CPI report and the expectations she has from Federal Reserve Chairman Kevin Warsh’s…

Major US Banks Announce Earnings Before the Bell

Saul Martinez, Head of US Financials Research at HSBC, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to discuss the upcoming earnings season for major US banks. (Source: Bloomberg)

Shell Gets More Tax Relief on $20 Billion Nigerian Oil Project

Nigeria granted Shell Plc a production-linked tax credit for a deepwater project, an incentive that will be offered to other oil majors as Africa’s biggest producer seeks to boost production,…