Bond yields spike ahead of Fed rate decision - Morning Brief - Marketplace Minute - June  8, 2023

Bond yields spike ahead of Fed rate decision ...

‏التالي

There’s a bit less sizzle in the labor market

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...  عرض المزيد

Fed to wait and see on inflation

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

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Policymakers take divergent paths toward rate exit
Viewsroom

Central banks in Europe and the US left borrowing costs untouched this week. But the latter went a step further and unexpectedly promised cuts. In this Viewsroom podcast, Breakingviews columnists explain how ratesetters, who were slow to tackle inflation, could be laggards again. ...  عرض المزيد

How to spur investments in greener power grids
The Big View

Electricity networks need to be upgraded and adapted to a carbon-free world. That means doubling investments to $750 bln a year. With returns uncertain, attracting cash is not easy, Secure Meters CEO Suket Singhal argues in this Exchange podcast. New pricing models would help. Vi ...  عرض المزيد

Musk’s Tesla paycheck, the Fed and Giorgia Meloni’s G7
Reuters World News

Elon Musk says Tesla shareholders are voting to approve his $56 billion pay package. The Federal Reserve holds interest rates as it waits for inflation to cool, delaying a cut until as late as December. And still basking in her EU election triumph, Italy’s prime minister Giorgia ...  عرض المزيد

Prolonged Red Sea attacks can hurt global economy
Viewsroom

Freight costs are soaring as militants target ships on a crucial trade route. In this Viewsroom podcast, Breakingviews columnists debate how inflation could rise and which companies could suffer if the tensions aren’t resolved soon. Visit the Thomson Reuters Privacy Statement for ...  عرض المزيد