BlackRock Inks Its Place as Public-to-Private Behemoth

BlackRock Inks Its Place as Public-to-Private Behemoth

-- BlackRock Inc.'s record inflow of client cash reflects gains in businesses such as ETFs and equity funds, Bloomberg Intelligence analyst Neil Sipes says. But the results also underscore bright...
January 15, 2025 at 11:09 am
American Workers Need to Ask for a Raise, Kelly Says

American Workers Need to Ask for a Raise, Kelly Says

-- David Kelly, chief global strategist at JPMorgan Asset Management, says more Americans should be asking for a raise. He says everybody knows it is hard to find a good employee. Kelly said the...
January 15, 2025 at 10:02 am
US Core CPI Rises Less Than Forecast in December at 0.2%

US Core CPI Rises Less Than Forecast in December at 0.2%

-- US consumer prices eased in December as the so-called core consumer price index increased 0.2% after rising 0.3% four straight months. Michael McKee breaks down the numbers on Bloomberg...
January 15, 2025 at 09:43 am
Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back

Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back

-- Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income beating estimates. Citi will also buy back $20 billion in stock. The bank...
January 15, 2025 at 08:58 am
Goldman Tops Estimates on Record Year for Stock Traders

Goldman Tops Estimates on Record Year for Stock Traders

-- Goldman Sachs saw fourth-quarter profits more than double to $4.1 billion as its equity traders delivered their best year on record. Sonali Basak reports on Bloomberg Television. ...
January 15, 2025 at 08:26 am
JPMorgan Traders Ride Volatility to Record Fourth Quarter

JPMorgan Traders Ride Volatility to Record Fourth Quarter

-- JPMorgan Chase trading revenue rose 21% from a year earlier, jumping to $7.05 billion in the fourth quarter. Fixed-income revenue beat analysts' estimates, while equities-trading revenue fell...
January 15, 2025 at 08:23 am
Bonds Pretty Close to the Buy Zone:  Morgan Stanley's Sheets

Bonds Pretty Close to the Buy Zone: Morgan Stanley's Sheets

-- Andrew Sheets, global head of corporate credit research at Morgan Stanley , explains why his firm thinks bonds are pretty attractive here as investors price in a stronger US economy for longer. ...
January 15, 2025 at 07:17 am
AI Startup Synthesia Hits $2.1B Valuation with New Round

AI Startup Synthesia Hits $2.1B Valuation with New Round

-- Synthesia, an artificial intelligence startup that lets businesses produce lifelike video avatars, is expanding into Japan and Australia after raising $180 million in a funding round making it one...
January 15, 2025 at 06:55 am
'As good as it gets' for UK inflation, says RBC BlueBay's Dowding

'As good as it gets' for UK inflation, says RBC BlueBay's Dowding

-- It's a good number, but this could be as good as it gets for the time being, says Mark Dowding, CIO at RBC BlueBay Asset Management, reacting to the slowdown in UK inflation. The worries around...
January 15, 2025 at 06:37 am
Illegal Miners Trapped in South Africa

Illegal Miners Trapped in South Africa

-- An operation to rescue stranded illegal gold miners in South Africa's North West province has begun, following a months-long standoff. Bloomberg's S'thembile Cele speaks to Jennifer Zabasajja about...
January 15, 2025 at 06:20 am
Barrick Halts Gold Operations in Mali

Barrick Halts Gold Operations in Mali

-- Barrick Gold is suspending mining operations in Mali after the government seized gold stockpiles and issued an arrest warrant for Barrick's CEO. Bloomberg's William Clowes reports from...
January 15, 2025 at 06:11 am
DIGI:  Markets in 3 Minutes

DIGI: Markets in 3 Minutes

-- Guy Johnson, Tom Mackenzie, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...
January 15, 2025 at 05:57 am
Fahmy:  Ceasefire Gives Hamas an In with Trump Admin

Fahmy: Ceasefire Gives Hamas an In with Trump Admin

-- Israel and Hamas have reportedly agreed in principle to a ceasefire deal which could be finalised as early as this week. Dalia Fahmy, Director of International Relations and Diplomacy & Associate...
January 15, 2025 at 05:47 am
Radisson Hotel Eyes 40 50 Hotels In Indonesia, Malaysia

Radisson Hotel Eyes 40 50 Hotels In Indonesia, Malaysia

-- Radisson Hotel Group COO for South East Asia Pacific and the Middle East and Africa Tim Cordon says it plans to open 40 50 hotels in Indonesia and Malaysia by 2030, and expand in Thailand, Vietnam,...
January 15, 2025 at 05:33 am
Barroso:  EU Should Continue To Trade With China

Barroso: EU Should Continue To Trade With China

-- Former European Commission President and Chair of Goldman Sachs International Advisors Jose Manuel Barroso believes it will be damaging for Europe, China as well as world economy if EU stops trade...
January 15, 2025 at 05:12 am
Goldman Sachs on China Commodities Outlook

Goldman Sachs on China Commodities Outlook

-- Trina Chen, Goldman Sachs Co-Head of Greater China Equity Research and China Basic Materials and Agriculture Analyst, says discusses her latest forecasts for 2025 on Bloomberg: The China Show. She...
January 15, 2025 at 04:47 am
South Korea's President Yoon Is Arrested

South Korea's President Yoon Is Arrested

-- South Korean investigators arrested President Yoon Suk Yeol on Wednesday to bring the impeached leader in for questioning over his short-lived martial law declaration. Yoon is the first incumbent...
January 15, 2025 at 04:37 am