• Aug 14, 2024

Stocks Rise as CPI ‘Checks The Box’ for Fed Cuts: Markets Wrap

(Bloomberg) -- Stocks rose after an in-line US inflation report did little to alter bets the Federal Reserve will start cutting rates in September.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesThe S&P 500 extended its advance into a fifth strai

  • Aug 14, 2024

New Jersey Wins Positive Outlook by Moody’s on Economic Strength

(Bloomberg) -- New Jersey had its outlook raised to positive from stable by Moody’s Ratings on Wednesday, on its strong economic performance compared to nearby states.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesThe ratings firm also affirmed

  • Aug 14, 2024

Inflation Spurt Makes Philippine Rate Decision Too Close to Call

(Bloomberg) -- The Philippine central bank’s interest-rate decision Thursday is expected to be a close call between a cut and a hold after inflation quickened to a nine-month high last month.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesThirtee