George Goncalves of MUFG discusses Fed Chair Kevin Warsh's hawkish Jackson Hole remarks, the outlook for inflation and interest rates, and what upcoming jobs and CPI data could mean for a potential Fed hike. He also examines Treasury yields, market expectations and the longer-term impact of AI on productivity and inflation. He joins Bloomberg's Vonnie Quinn on "Bloomberg Brief."
George Goncalves of MUFG discusses Fed Chair Kevin Warsh's hawkish Jackson Hole remarks, the outlook for inflation and interest rates, and what upcoming jobs and CPI data could mean for a potential Fed hike. He also examines Treasury yields, market expectations and the longer-term impact of AI on productivity and inflation. He joins Bloomberg's Vonnie Quinn on "Bloomberg Brief."
Nvidia says it's investing $3.5 billion in Taiwanese chipmaker MediaTek. Nvidia will buy bonds that convert into MediaTek shares. Bloomberg's Ed Ludlow reports.
The US and Iran exchanged attacks for the first time in about a month with American forces striking an island in the Strait of Hormuz and the Islamic Republic launching attacks on the United Arab Emirates and Jordan. Tyler Kendall reports on Bloomberg Television.
Wolf von Rotberg, equity strategist at J Safra Sarasin, joins Bloomberg's Lizzy Burden on "Bloomberg Daybreak Europe" to discuss his thoughts on US Federal Reserve Chair Kevin Warsh's speech Friday at Jackson Hole and shares the speech did not change the firm's outlook for US equities because it was already positioned for September & December rate hikes.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
In Germany, the local election of Saxony-Anhalt on September 6 could be a major test for the far-right party Alternative for Deutschland. The party has already set records in national and state polls, but to date has failed to join any big coalition and enter into a meaningful governance role in Germany. Could that change on September 6? Oliver Crook explains.
Dubai developer BinGhatti is under scrutiny from rating agencies over tightening liquidity and elevated debt levels. Chairman Muhammad BinGhatti joined Horizons Middle East and Africa to address the concerns, saying the company is confident it can meet its obligations, while outlining its growth plans and property-market outlook.
Corporate Travel (ASX:CTD) has been cleared of widespread or systemic overcharging following an independent audit by the Australian government's finance department.
Elevate Uranium (ASX:EL8) announced positive operational test results from its continuous U-pgrade demonstration pilot plant.
White Energy (ASX:WEC) has signed binding sale and purchase agreements to acquire two coal asset targets.
The US and Iran exchanged strikes as American forces hit Iranian rocket launchers and Iran responded by firing missiles toward Jordan. Bloomberg's Onur Ant has the latest.
