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  • Aug 10, 2024

Charting the Global Economy: Wild Week in Markets Ends Quietly

(Bloomberg) -- A week that started off with a $6.4 trillion global stock rout and a broad rally in bonds ended relatively quietly, calming from historic volatility triggered in part by the prior week’s disappointing US jobs report.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile

  • Aug 10, 2024

Fed’s Bowman Sees Upside Inflation Risk, Signals Caution on Cuts

(Bloomberg) -- Federal Reserve Governor Michelle Bowman said she still sees upside risks for inflation and continued strength in the labor market, signaling she may not be ready to support an interest-rate decrease when US central bankers next meet in September.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chic

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