PepsiCo Lowers Outlook on Higher North America Costs
PepsiCo lowered its profit outlook as the snack and beverage company faces higher costs in North America that are weighing on margins. Ken Shea of Bloomberg Intelligence has more.
PepsiCo lowered its profit outlook as the snack and beverage company faces higher costs in North America that are weighing on margins. Ken Shea of Bloomberg Intelligence has more.
Early crypto adopter and futurist Herbert Sim continues to advocate for long-term digital asset sovereignty alongside emerging human technologies.
Layer 2 payments network developer Morph has launched Morph Payments, a non-custodial settlement solution enabling businesses to accept and send USDC and USDT over major EVM chains, TRON, and Solana.
Rick Rieder, CIO of global fixed income at BlackRock, says the front end of the yield curve is "still very attractive," and discusses the state of the US economy and why he is positioned for a hawkish Federal Reserve.
CeDeFi platform BoBe has marked a full year of live operations for its Gamma Protocol engine, running spot-only algorithmic strategies across six major exchanges.
Initial jobless claims in the US eased by 2,000 to 197,000 in the week ending October 3. This is the fourth straight week claims have been below 200,000. Bloomberg's Michael McKee reports.
Blockchain-native narrow bank N3XT has launched to provide instant, 24/7 programmable US dollar settlement backed 1:1 by cash and short-term Treasuries.
Rick Rieder, CIO of global fixed income at BlackRock, points to the front end of the yield curve "to keep your volatility down, keep your income high." He speaks on "Bloomberg Surveillance."
Matthew Gehl, Co-head of International Technology Investment Banking at JPMorgan spoke to Bloomberg's Tom Mackenzie at the 2026 JPMorgan Tech Stars event in London on Oct. 6.
European natural gas prices rose following a report the White House asked the Pentagon to develop strike options against Iran that could be executed before the midterm elections next month. Michele Della Vigna, Head of Natural Resources Research in EMEA at Goldman Sachs, says Europe is not well prepared for winter in the energy market with risks skewed to the upside. "In Europe, natural gas drives 60% of the price of power for 60% of the time. And in some countries, the UK, Italy, Germany, for 80% plus of the time. So all of this ultimately feeds through industrial competitiveness and the consumer's disposable income," he said. Della Vigna discusses the energy market impacts and risks from conflicts in the Middle East on "The Pulse with Francine Lacqua."
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