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Market News

September 23, 2021
Manchin Questions Medicare Expansion, Backs Cutting Drug Prices
Senator Joe Manchin said Thursday he doesn’t support expanding Medicare benefits without first addressing the program’s long-term solvency,...
September 23, 2021
Oil Heads for Fifth Weekly Gain on Global Market Tightening
Oil was poised for a fifth weekly gain as the market tightened amid a global energy crunch that’s set to increase demand for crude.
September 23, 2021
Australia’s Lack of Commitment on Greenhouse Gas  Risks Investor Ire
Australia faces economic repercussions should the rest of the world fail to see the country committing to net-zero greenhouse gas emissions,...
September 23, 2021
Former Trump Aides Subpoenaed by Capitol Riot Probe Panel
Former White House Chief of Staff Mark Meadows and three other of former President Donald Trump’s advisers were subpoenaed Thursday by the...
September 23, 2021
Fed Behind the Curve, India Taper Warning, Lonely ECB: Eco Day
Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:
September 23, 2021
U.K. Confidence Falls as Consumers Brace for Income Squeeze
U.K. consumer confidence fell at its sharpest pace since coronavirus lockdown rules were tightened almost a year ago, reflecting a surge in inflation...
September 23, 2021
CDC Panel Backs Booster Shots; Federal Workers Sue: Virus Update
Americans ages 65 and older, long-term care residents and those over 18 with underlying medical conditions should get Covid-19 booster shots, a panel...
September 23, 2021
Food Brands Firm Sovos Climbs in Mixed Showing by Consumer IPOs
Food company Sovos Brands Inc. and a cadre of other consumer-oriented companies rose -- some modestly -- in their trading debuts after a mixed...
September 23, 2021
Democrats Agree to Slim Biden Plan Giving IRS Bank-Account Data
Democrats have reached a deal to narrow President Joe Biden’s plan to require financial institutions to report account flows to the Internal...
September 23, 2021
Biden Sparks Democratic Blowback With Removal of Haiti Migrants
President Joe Biden faces another border crisis as thousands of Haitians try to cross into the U.S. from Mexico, and his administration’s response...