YOUR TOP STORIES, ASIAN STOCKS TRACKING WALL STREET GAINS. OIL CLIENTS AFTER PRESIDENT DESCRIBES THE CEASEFIRE AS BEING ON LIFE SUPPORT. HE SAYS HE WILL DISCUSS U.S. ARMS SALES TO TAIWAN WITH PRESIDENT XI WHEN THEY MEET LATER THIS WEEK.IT IS A MOVE THAT COULD RUFFLE SOME FEATHERS IN CONGRESS. THE AUSTRALIAN GOVERNMENT IS EXPECTED TO RELEASE ITS LATEST FISCAL BLUEPRINT WITH HOUSING TAX ON THE AGENDA IN AN EASING OF EQUALITY. >> LET'S GET YOU UP TO SPEED ON HOW MARKETS ARE SHAPING UP.WE DO HAVE THE BUDGET TON ...

The countdown is on. Everything you need to get the edge at the end of the market day. This is the close.The record run for U.S. equities shows no signs of letting up. Live from studio two here at Bloomberg headquarters in New York. I'm Romaine Bostick and I'm Katie Greenfeld.We're kicking off to the closing bell here in the U.S. and as Romain said, the S&P 500 hanging on to gains right now, even though you have that ceasefire between the U.S. and Iran on life support, that is according to President Trump. ...

Joining us, MSNOW contributo managing editor of the bulwar Sam Stein, MSNOW political analyst and former undersecretary of state for public diplomacy and public affairs, Rick Stengel, and co-founder and director of economic policy at VEDA Partners, Henrietta Trace. Henrietta, let's talk about credit WHAT ARE CREDIT CARDS. LET'S START WITH CREDIT CARDS. LET'S START WITH CREDIT CARDS.THE WAY TO THINK ABOUT THIS, I THINK THAT'S THE EASIEST TO UNDERSTAND IS THAT THE average family spends $310 a week on grocerie ...

I WANT TO BRING IN MSNOW'S LAURA HAFLEY AND VETERAN FINANCIAL JOURNAST AND MSNOW BUSINESS ANALYST, RON INSANA. SO, RON, HIGHER GAS PRICES, HIGHER FERTILIZER PRICES. WE'RE NOT TALKING ABOUT LUXURIES WE'RE TALKING ABOUT PUTTING FOOD ON THE TABLE.JUST HOW BAD COULD THIS GET. WELL, WITH RESPECT TO FOOD PRICES, IT'S HARD TO KNOW EXACTLY WHERE IT GOES, CHRIS, BECAUSE IT'S OBVIOUSLY THE COST OF TRANSPORTATION PUSHES UP THE COST OF FOOD THAT'S DELIVERED TO GROCERY STORES AND THEN THERE'S THE FERTILIZER ISSUE IN THE ...

The conflict in the Middle East boosting the outlook for inflation for the full year and raising concerns about profit margins, but so far having an only modest impact on the overall growth forecast. The NAB industry outlook three-month expectations in the survey shows that a net negative 18% see rising profit margins over the next three months. Positive 42% are charging more and that's the most since 2022.Net positive 63% see their material cost riding rising and only 12% on net see their capex increase. T ...

Welcome to Market Catalyst. I'm Julie Heyman. 30 minutes into the US trading day. Let's take a look at the major averages. We are not seeing a heck of a lot of change here, but the NASDAQ and the S&P 500 did close on Friday at a record high. So, if either of them increases at all today, it will be another record close. But really, we see a lot of attention on later in the week. We've got President Trump and President Xi of China who are going to be meeting in China. So, some focus on that. We'll be getting ...

Tuesday’s CPI report will be a “spicier” set of figures, the first in a series of readings this week that will feed into the Fed's preferred measure of inflation, according to Morgan Stanley’s global head of macro strategy https://t.co/I9tbcwXIhV ...

Key dates this week 🗓️May 12 ➡️ 🇺🇸 Consumer Price IndexMay 13 ➡️ 🇺🇸 Producer Price IndexMay 14 ➡️ 🇬🇧 Gross Domestic ProductWhich dates are you watching? 👀 ...

Why is Bitcoin currently up 50% against gold since March even though retail interest feels completely dead. Dr. . Jeff Ross is back on Bitcoin for millennials to unpack the divergence between paper financial assets and hard sound money.We dive deep into why Bitcoin is currently in a coiled spring and how institutional rotation is shifting away from tech stocks and back into the hardest money to ever exist. And wait until you hear Jeff's crazy prediction for the next three years that traditional finance is c ...

The start of this year, we identified three defining forces, which were global fragmentation, artificial intelligence and also inflation. And not only do we think that they have proven prescient, but also that recent events, as you highlight, really have just added urgency to that call. Whether it be events in the Middle East where even if we do go down this path of a resolution, I think oil prices are going to remain with that risk premium over the next 12 months.But we also have artificial intelligence, n ...