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Bloomberg· 2026-08-20 19:35
Earnings out this week from big retailers like Walmart and Target show American consumers keep spending — but they're feeling the pressure https://t.co/oI0ep1ZRST ...
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Bloomberg· 2026-08-20 18:40
Target’s turnaround strategy is taking effect. Can the retailer keep it up? https://t.co/n9SHWX6IuT ...
Why are so many people allowing Trump's grift? 'Corruption is mind-boggling': Professor says
MSNBC· 2026-08-20 15:28
We've said it over and over and over again The economy is top of mind for voters this midterm election. While the president has not exactly responded to warning signs at the ballot box, his administration did make moves to address an alarmed bond market. I've told you this over and over.The bond market is his true daddy. That has seen long-term yields go up in response to the war in Iran and concern over the ballooning national debt, which in turn has made it more expensive for businesses and to borrow mone ...
Walmart Posts Slowest US Sales Growth in Six Years
Bloomberg Television· 2026-08-20 14:38
What went wrong with this stock and these earnings this morning. Yeah. So I'd I'd say there was a a lot of expectation movement down into the print, some alternative data out there that q two sales growth might be somewhat weak.We did get that headline number of US same store sales growth only 2.6%. There is some regulatory pharmacy issues in there. A lot of these drug prices got pushed down part of the inflation reduction act that's hitting now.So that was about a 125 basis point headwind. But with such a ...
Iran War: Trump Says US Waging Economic Warfare | The Pulse 8/20/2026
Bloomberg Television· 2026-08-20 10:09
Global bond yields fell after the US Treasury said it plans to buy back more longer-dated bonds. The intervention by Scott Bessent came after borrowing costs hit multi-year highs. Data released hours later showed total US public debt surpassed $40 trillion for the first time. President Donald Trump says the US will subject Iran to “Economic Warfare” threatening “tremendous consequences” for anyone doing trade with Tehran. Novonesis jumped more than 10% after announcing its first-ever share buyback program, ...
Markets Rebound as Treasury Moves to Rein In Yields | The Close 8/19/2026
Bloomberg Television· 2026-08-19 22:13
>> THE COUNTDOWN IS ON. EVERYTHING YOU NEED TO GET THE EDGE AT THE END OF THE MARKET DAY. THIS IS THE CLOSE.>> THE FIGHT OVER ACCESS TO CAPITAL. I'M ROMAINE BOSTICK. >> KICKING OFF TO THE CLOSING BELL, MARKETS STAGING THE REBOUND AFTER THE TREASURY ANNOUNCED PLANS TO BUY BACK LOWER DATED BONDS.YIELDS HIT ALL-TIME HIGHS. THE S&P INCHING HIGHER BY 0.3%, CHIPS ARE THE BIGGEST LOSERS DOWN BY 2%. WE HAVE THE DOLLAR HITTING ITS LOWEST IN THREE MONTHS.>> SCOTT BESSENT NINE MONTHS AGO FAMOUSLY SAID IT IS HIS JOB TO ...