New Century Advisors Chief Economist Claudia Sahm argues the Federal Reserve's decision not to include the dot plot in its recent statement of economic projections was a mistake. She speaks on "Bloomberg Surveillance."
Initial claims decreased by 4,000 to 226,000 in the week ended June 13, according to Labor Department data as the Philadelphia Fed Index showed solid activity. Mike McKee reports on "Bloomberg Surveillance."
The early Chinese backers of artificial intelligence startup Manus plan to buy the business back from Meta Platforms (NASDAQ:META) for $2 billion following a regulatory reversal order.
Smart-bed manufacturer Sleep Number (NASDAQ:SNBR) filed for Chapter 11 bankruptcy protection on Thursday with $672.5 million in debt.
The national average price of Gasoline dropped to $3.99 per gallon following a diplomatic agreement.
This pricing level contrasts with the national average of $4.50 per gallon recorded one month ago.
Odysight.ai (NASDAQ:ODYS) received a Honeywell Aerospace order to test its predictive platform across 10,000 auxiliary power units.
Kay Haigh at Goldman Sachs Asset Management says two-year Treasury yields may become more volatile as Federal Reserve Chairman Kevin Warsh charts a new course for central bank communications. He speaks with Lisa Abramowicz and Annmarie Hordern on "Bloomberg Surveillance."
The Iran war has not had a "severe" impact on the machine tool industry says Stephan Mayer, CEO for Machine Tools at German manufacturing technology firm Trumpf. Instead, the bigger headwind to the industry has been tariffs, according to Mayer. He spoke to "The Pulse with Francine Lacqua" on Bloomberg TV.
Sagtec Global (NASDAQ:SAGT) issued its financial outlook for fiscal year 2026, projecting total revenue of US$25.8 million.
GRI Bio (NASDAQ:GRI) received FDA Orphan Drug Designation for its idiopathic pulmonary fibrosis drug candidate, GRI-0621.
Bank of England Governor Andrew Bailey tells broadcasters energy prices remain above pre-war levels and that the the central bank needs to assess "how much damage has been done to the infrastructure for supplying energy" in the Middle East. "I think holding is the right position to be in at the moment." Bailey speaks in an interview following the BOE's decision to keep interest rates at 3.75% in a 7-2 vote.
IM Cannabis (NASDAQ:IMCC) announced on June 18, 2026, that it has entered into a non-binding letter of intent to sell its European-focused subsidiary, IMC Holdings, to Slil.com Holding.
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