Israel Says It’s Under Attack by Iranian Drones as Risk Surges

From Bloomberg Markets and Finance. Israel’s armed forces announced late Saturday that Iran launched attacks from within its territory toward Israel and that Israeli forces are on high alert (Translation via AP) https://trib.al/Pvr3KWv More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg…

Wall Street Week 04/12/2024

From Bloomberg Markets and Finance. On this edition of Wall Street Week, former World Bank President Robert Zoellick cautions against nostalgic support for manufacturing jobs in a changing economy, former Bank of America Vice Chair Anne Finucane makes the distinction between ESG and ESG funds. Former IBM chairman and CEO Sam Palmisano says that AI…

Stocks Close Near Session Low | Bloomberg Markets: The Close 4/12/2024

From Bloomberg Markets and Finance. Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are KBW’s David Konrad, Wells Fargo’s Mike Santomassimo, Fidelity’s Jurrien Timmer, Laffer Tengler’s Nancy Tengler, BofA Securities’ Meghan Swiber, Former Intuit CEO,…

ESG Faces Political Headwinds

From Bloomberg Markets and Finance. Net flows to ESG funds have dwindled since 2021 and political backlash against the strategy is ramping up. Anne Finucane, Rubicon Capital Chair and former Bank of America Vice Chair, says that even if the pace of ESG initiatives slows, most big companies still incorporate corporate responsibility into their operations.

The Many Dangers Facing Today’s Investors

From Bloomberg Markets and Finance. Whalen Global Advisors Chairman Chris Whalen discusses the potential for more stress in the American banking system and the underlying geopolitical threats that loom over global markets. Chris speaks with Tom Keene and Damian Sassower on Bloomberg Radio. Get more on the Bloomberg Surveillance Podcast: Apple: http://bit.ly/3OPtReI Spotify: http://bit.ly/42xmHPz Anywhere:…

Bloomberg The Open 04/12/2024

From Bloomberg Markets and Finance. Dani Burger highlights the market-moving news you need to know heading into the opening bell on Wall Street. Today’s guests: Susan Collins, Boston Fed President; Yung-Yu Ma, BMO Wealth Management CIO; Barry Bannister, Stifel Chief Equity Strategist; Isabel Guzman, US Small Business Administration Administrator.

Fed’s Collins: CPI Not a Turning Point, Patience Needed on Rates

From Bloomberg Markets and Finance. Federal Reserve Bank of Boston President Susan Collins says the March inflation data were on the high end of expectations but that doesn’t change her view that inflation will continue to come down. She speaks with Mike McKee on Bloomberg Television. For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-12/fed-s-collins-sees-no-urgency-to-cut-interest-rates-in-near-term

Biden Pledges ‘Ironclad’ Commitment to Japan, Philippines | Bloomberg: The China Show 4/12/2024

From Bloomberg Markets and Finance. “Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. 00:00:00 – Bloomberg: The China Show opens…

NCAA Upset to Help Oakland University’s $18.5M Bond Sale

From Bloomberg Markets and Finance. Oakland University’s heightened name recognition after its upset of the University of Kentucky in the NCAA tournament should help the college’s $18.5 million bond offering draw investors. Stephen Mackey, Oakland University’s vice president for finance and administration, talks with Scarlet Fu and Romaine Bostick on Bloomberg Television. For more on this…

ECB Holds Rates Steady for Fifth Meeting

From Bloomberg Markets and Finance. The European Central Bank maintained the deposit rate at a record-high 4% Thursday while sending a clear signal that cooling inflation will soon allow it to commence cuts. Lizzy Burden reports on Bloomberg Television. For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-11/ecb-holds-interest-rates-and-firms-path-to-first-cut-in-june