ZipRecruiter Falls After Pulling Guidance on Erratic Job Market
ZipRecruiter Inc. withdrew its annual earnings guidance due to “atypical hiring patterns” in the first half of the year, saying its customers are increasingly unwilling to pay for job postings and it no longer has a view on when that will change. #press
Europe Cuts Back on Firefighters Even as Blazes Ravage Continent
Most EU nations pared their army of firefighters despite extreme weather becoming more frequent and intense. #press
Light & Wonder Sales Beat Expectations on Slot Machine Comeback
Light & Wonder Inc., a maker of slot machines and online games, reported second-quarter sales the beat analysts’ estimates as casinos continued to stock up on gear for bettors. #press
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at the nation’s largest lender. #press
Surveillance: Chadha on 'The Wobble'(Podcast)
Source: Bloomberg, 33:05 #press
Outlook for the Fed and Treasuries (Audio)
Source: Bloomberg, 7:08 #press
Wipeout: The Bloomberg Close, Europe Edition
Good afternoon. Here’s what you need to know to end your day. #press
A New Superconductor May Change the World: Opinion (Podcast)
Source: Bloomberg, 1:07 #press
Meme-Stock Army is Giving Distressed Companies a Huge Boost
Welcome to The Brink. I’m Amelia Pollard, a reporter in New York, where I’ve been following the troubles facing a new batch of meme stocks. We also have news on bankruptcies among firms backed by private equity and on the continuing troubles at Altice. Follow this link to... #press
What No Landing Looks Like to a Treasury Bond Investor
Bond investors get paid to worry about downside risk. So when risks mount, expect them to show up in bond markets first. We see that in the Treasury market, where yields have pushed up to account for a soft landing and elevated budget deficits. But risks of a recession haven’t gone away. In fact, one... #press
Barrick CEO Mark Bristow Talks Gold and Commodities
Source: Bloomberg, 7:59 #press
Banker Bonuses Seen Falling, With Wealth Managers as Sole Bright Spot
Merger advisers’ bonuses are likely to tumble this year as the business remains stagnant, though asset-management executives will see modest gains, according to Johnson Associates Inc. #press
Tim Hortons Targets Lunch as Remote Work Dents Breakfast Demand
Tim Hortons, known for its coffee and breakfast foods, is increasingly bringing in Canadians later in the day as remote work endures. #press
Sunak’s Distraction Strategy: The Readout With Alex Wickham
Hi, I’m Alex Wickham, Bloomberg’s senior government reporter based in London. Here’s today’s Readout. #press
Eskom Latest: Energy Loans for Househilds, Climate Pact Delays
South Africa introduced guaranteed loans for small businesses and households to buy rooftop solar panels as part of efforts to alleviate the impact of unreliable power supply. #press
New Cleaning Products Hit Shelves to Tempt Shoppers Sick of Stocking Up
Shoppers have found it’s not a problem to buy fewer paper products and bath items. But for the companies that make these basics, it’s trouble. #press
Markets, Banks, UPS, and Novo (Podcast)
Source: Bloomberg, 58:28 #press
Is the Fed Done with Rate Hikes? (Audio)
Source: Bloomberg, 7:21 #press
Europe Cuts Back on Firefighters Even as Blazes Ravage Continent
Most EU nations pared their army of firefighters despite extreme weather becoming more frequent and intense. #press
Is the Dream of a US Soft Landing Really in Sight?
Survey respondents don't seem to agree on whether a recession will hit or when, and what it all means for stocks. (Source: Bloomberg) #press
