Apr 25, 2024 | Markets
Economists were thrown for a loop on Thursday after new data revealed evidence of persistent inflation and a growth downshift in the U.S. Real gross domestic product (GDP) rose just 1.6% from a year ago in the first quarter, the Bureau of Economic...
Apr 25, 2024 | Markets
Oracle is moving to Nashville to be closer to health sector Austin suffering a slowdown in growth after pandemic boom Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office...
Apr 25, 2024 | Markets
GDP advances an annualized 1.6%, slower than all projections First-quarter core inflation measure accelerates to 3.7% rate US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run of strong...
Apr 24, 2024 | Markets
Hello, I’m Bruce Einhorn in Hong Kong and welcome to Bloomberg’s weekly newsletter about the new space economy. Small nations are making impassioned pitches to space ventures that they need more services to survive. But first … Three things you need to know...
Apr 23, 2024 | Markets
North American food and drinks units suffer decline in volume Quaker Oats sales plunge 24% after salmonella-scare recall PepsiCo Inc. posted stronger-than-expected sales growth thanks to robust demand in its international divisions, while volumes dropped in North...
Apr 23, 2024 | Markets
Stocks rebounded from their recent slump on Monday, but some bearish Wall Street strategists still see concerns that aren’t going away anytime soon for investors. With expectations that the Federal Reserve will cut interest rates fading, signs of inflation...
