Get ready for the third rate hike in seven months. Federal Reserve officials indicated they may raise rates again in June, according to minutes from their meeting in May.
This term, margin of safety, is an engineering concept used to descripe the ability of a system to withstand loads that are greater than expected. Maintaining a proper margin of safety is crucial not only in construction and engineering, but also in many areas of daily life.
Martin Feldstein, professor of economics at Harvard University, discusses the U.S. economy and outlook for the second quarter. He speaks with Bloomberg's Alix Steel, Jonathan Ferro and David Westin on "Bloomberg Daybreak: Americas."
The current slump in expectations of market volatility is not just a stock market phenomenon -- it is the lowest it's been for years across fixed income, currency and commodity markets around the world.
In the past week, the Federal Reserve expressed confidence in America's economy, the U.S. unemployment rate hit a 10-year low,a nd the presidential election in France showed that the tide of anti-European Union populism may be ebbing. You'd think these events would lift the stock market. But they haven't.
America's gross domestic product, a broad measure of economic growth, grew by just 0.7 percent in the first three months of the year, according to government data issued Friday morning, an estimate economists say is more likely due to measurement error than Donald Trump's performance as president.
Larry Fink, the chief executive at BlackRock, which with $5.1 trillion is the world's biggest investor, just sent his annual letter to chief executives at S&P 500 companies and large European corporations.
Fink focused on how to think long-term in this "new world" that has negated all the assumptions investors had a year ago about, for example, who would be the US president.
President Trump’s administration is exploring the option of levying a tax on U.S. imports from Mexico. White House Press Secretary Sean Spicer told reporters Thursday that the tax could be as high as 20%. Such a hefty burden could impact United States' trade with its third largest trade partner, which exports everything from cars to televisions, fresh fruits to beer, and crude oil to edible oil.
The best bits from Bloomberg Television's coverage of the second day of the World Economic Forum in Davos, Switzerland.
On Friday, a Reuters poll showed that the U.S. dollar will keep strengthening against the euro based on expectations that President-elect Donald Trump's planned tax cuts will raise interest rates.