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
Is the Fed Done with Rate Hikes? (Audio)
Source: Bloomberg, 7:21 #press
Markets, Banks, UPS, and Novo (Podcast)
Source: Bloomberg, 58:28 #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
Oakland A’s Owner Fisher Can’t Help But See Vegas as a Good Bet
Hi, it’s Mike Hytha in San Francisco today with a look at why owner John Fisher would rather move than sell the Oakland A’s. We also have news on Charlie Ergen bringing back together Dish and EchoStar like it’s 2008. #press
Stability AI's Breakout Hurdles, Palantir Slides (Podcast)
Source: Bloomberg, 41:59 #press
Ercot’s Extremes: Weather, Solar and Bitcoin (Podcast)
Source: Bloomberg, 29:17 #press
Private-Jet Firm Wheels Up Seeks Rescue Funding
Private-jet company Wheels Up Experience Inc. is seeking new financing from investors as its cash dwindles, according to people with knowledge of the situation. #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
Meltem Demirors Talks Crypto
Source: Bloomberg, 4:05 #press
https://www.bloomberg.com/news/audio/2023-08-08/meltem-demirors-talks-crypto?utm_source=press.coop
Summertime Shakeup on the Campaign Trail (Podcast)
Source: Bloomberg, 26:15 #press
Lawyers Are Getting on More Corporate Boards (Podcast)
Source: Bloomberg, 26:17 #press
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
Thinner Wallets: The Bloomberg Open, Asia Edition
Good morning. M&A bonuses will probably shrink. China is now only the US’s third-largest supplier. And 20 derelict Ferraris are for sale. #press
