Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are TIAA Wealth Management’s Niladri Mukherjee, Quest Diagnostics’s Jim Davis, Baird’s Michael Ha, BD’s Tom Polen, Charles Schwab’s Kevin Gordon, Cox Automotive’s Stephanie Valdez Streaty, Hinge Health’s Daniel Perez, Philips’ Roy...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are TIAA Wealth Management’s Niladri Mukherjee, Quest Diagnostics’s Jim Davis, Baird’s Michael Ha, BD’s Tom Polen, Charles Schwab’s Kevin Gordon, Cox Automotive’s Stephanie Valdez Streaty, Hinge Health’s Daniel Perez, Philips’ Roy Jakobs, Willkie Farr & Gallagher’s Edward Best, and ESPN’s Patrick McEnroe. (Source: Bloomberg)
Despite a decisive election victory built on promises to ease Japan ’s cost-of-living crisis, fresh government data released this week suggests voters’ faith in Prime Minister Sanae Takaichi ’s brand of “trickle-down” prosperity may soon be tested. Preliminary figures from the labour ministry show that inflation-adjusted wages shrank by 1.3 per cent last year, extending a three-year slide in real ...
Despite a decisive election victory built on promises to ease Japan ’s cost-of-living crisis, fresh government data released this week suggests voters’ faith in Prime Minister Sanae Takaichi ’s brand of “trickle-down” prosperity may soon be tested. Preliminary figures from the labour ministry show that inflation-adjusted wages shrank by 1.3 per cent last year, extending a three-year slide in real incomes as rising prices for essentials continued to outstrip pay increases. The average employee earned 355,919 yen (US$2,280) a month last year including bonuses and overtime – 2.3 per cent more in nominal terms, but still well behind inflation, which averaged just over 3 per cent. Advertisement The headline inflation rate, which exceeded the Bank of Japan’s 2 per cent target for the fourth year running, highlights the issue facing policymakers: long-sought price growth has finally returned, but at a pace that is undermining household purchasing power. A member of staff displays bags of rice a Lawson convenience store in Tokyo last year. Rice prices in Japan have soared by around two-thirds. Photo: AFP The sharpest price rises came in food staples and everyday items, with rice prices soaring by more than 60 per cent in 2025, alongside increases in coffee, chocolate and household goods. Energy costs also climbed despite government caps on petrol and electricity prices.
China has a few red lines . But if you respect them, life can be smooth and wonderful. China doesn’t care if you are Jewish, Muslim, Christian, Hindu or an atheist. It doesn’t care if your government is democratic, theocratic or dictatorial. If you want to do business, China is more than happy to partner with you. If you need aid, that’s fine; it won’t tell you what to do with the money or otherwi...
China has a few red lines . But if you respect them, life can be smooth and wonderful. China doesn’t care if you are Jewish, Muslim, Christian, Hindu or an atheist. It doesn’t care if your government is democratic, theocratic or dictatorial. If you want to do business, China is more than happy to partner with you. If you need aid, that’s fine; it won’t tell you what to do with the money or otherwise dictate your finances, so long as it sees some returns, whether commercial, strategic or diplomatic. It is not doing it out of the goodness of its heart, but it always appreciates a win-win. The Global South understands that. The West, which loves to interfere and dictate, doesn’t. China doesn’t interfere with your elections, overthrow or stage coups against your government, kidnap your political leaders and their spouses or sanction your country to the point of impoverishing and starving the population. Advertisement It doesn’t operate hundreds of military bases around the world that turn your country into a staging ground for the next world war. It’s not invading other countries. It doesn’t demand loyalty or force you to pick a side so long as you keep your end of the bargain. China builds; it doesn’t bomb. In that respect, China is the most transactional and ideology-free country in the world. Just don’t cross its red lines – the return of Taiwan , the legitimacy of Communist Party rule and the unity of the Chinese nation. Everything else is negotiable. Advertisement
Brace For Massive, "1 Million Plus" Negative Jobs Revision Tomorrow As Birth-Death Model Is Finally Fixed For the past 5 years we have often hammered the table on the biggest, most glaring fudge factor in the monthly jobs report, namely the "birth-death adjustment" - which became a statistical fiasco in the aftermath of the covid PPP-loan scam as thousands of fake "new companies" were created to t...
Brace For Massive, "1 Million Plus" Negative Jobs Revision Tomorrow As Birth-Death Model Is Finally Fixed For the past 5 years we have often hammered the table on the biggest, most glaring fudge factor in the monthly jobs report, namely the "birth-death adjustment" - which became a statistical fiasco in the aftermath of the covid PPP-loan scam as thousands of fake "new companies" were created to take advantage of the government's free money handout generosity - and which has since corrupted the underlying statistics in the jobs report beyond recognition again... Almost half of all "job gains" in the past year are from an excel spreadsheet which assumes 1.84 million new jobs were created from new business creation (i.e. Birth/Death adjustment) https://t.co/C8xQNvZKYF pic.twitter.com/SyJBtBkQBd — zerohedge (@zerohedge) May 5, 2023 ... and again... Lowering inflation also likely to require softer labor markets. Translation: stop it with the ridiculous seasonal birth-death adjustments. — zerohedge (@zerohedge) August 25, 2023 ... and again... holy shit: birth/death model added 412K excel spreadsheet "jobs", the second highest on record. US economy sliding into recession and BLS assuming the 2nd fastest pace of new business creation in history! pic.twitter.com/KbTgO0qnqJ — zerohedge (@zerohedge) November 3, 2023 ... and again... Half of all job growth in the past year is from Birth/Death adjustments pic.twitter.com/UahfONUYZw — zerohedge (@zerohedge) July 5, 2024 ... and again... 57% of all YTD jobs are statistical fakes, thanks only to the Birth/Death adjustment pic.twitter.com/utYosI0k7S — zerohedge (@zerohedge) August 2, 2024 ... and again... After the upcoming fix to the laughable "Birth/Death model", we'll learn that the actual number of jobs is about 10 million lower — zerohedge (@zerohedge) August 13, 2025 ... and so on. We even correctly predicted - one day ahead of time - that massive, 818,000 negative jobs revision August 21, 2024 which served as the basis for ...
Large cash infusions by India’s central bank are delivering what some analysts describe as stealth policy easing, pushing a key overnight borrowing gauge well below the benchmark rate. The country’s most widely used overnight funding tool is trading about 100 basis points below the Reserve Bank of India’s policy rate, reflecting a large cash surplus in the banking system. Such a wide gap was last ...
Large cash infusions by India’s central bank are delivering what some analysts describe as stealth policy easing, pushing a key overnight borrowing gauge well below the benchmark rate. The country’s most widely used overnight funding tool is trading about 100 basis points below the Reserve Bank of India’s policy rate, reflecting a large cash surplus in the banking system. Such a wide gap was last seen in late 2021, when the authority was cushioning the economy against Covid-related shocks. “If the RBI indeed navigates the call rate into the lower band of the corridor, it would be stealth policy easing and may not need an additional cut,” said analysts led by Nathan Sribalasundaram , rates strategist at Nomura Holdings, referring to the levels at which the authority is mandated to anchor overnight borrowing costs. Liquidity, which was tight just two months ago, has swung into its largest surplus in six months. What stands out is the RBI’s restraint: it hasn’t yet used short-term liquidity-draining tools that would typically be deployed to steer overnight rates back toward the policy rate. That absence is prompting analysts to ask whether the authority is allowing easier financial conditions to enforce the transmission of earlier rate cuts to the broader economy. The central bank has flooded the system with liquidity so that “money goes to all corners,” and may allow these conditions to last longer as borrowing costs for banks and companies remain high, said Abhishek Upadhyay , economist at ICICI Securities Primary Dealership. An RBI spokesperson did not respond to an email seeking comment. The strategy highlights the RBI’s challenge in ensuring the full pass-through of last year’s 125 basis points of rate cuts to sustain India’s economic growth while signaling a pause in its easing cycle. The 10-year government bond yield is currently near levels seen before the authority began cutting rates early in 2025, showing that longer-term financing costs remain stubbornly hi...
(RTTNews) - The Indonesia stock market has moved higher in two straight sessions, expanding almost 200 points or 2.5 percent along the way. The Jakarta Composite Index now sits just above the 8,130-point plateau although it may hand back some of those gains on Wednesday. The global forecast for the Asian markets suggests little movement ahead of the release of U.S. employment data later today. The...
(RTTNews) - The Indonesia stock market has moved higher in two straight sessions, expanding almost 200 points or 2.5 percent along the way. The Jakarta Composite Index now sits just above the 8,130-point plateau although it may hand back some of those gains on Wednesday. The global forecast for the Asian markets suggests little movement ahead of the release of U.S. employment data later today. The European and U.S. markets finished mixed and little changed and the Asian bourses figure to follow that lead. The JCI finished sharply higher on Tuesday following gains from the resource , telecom and cement sectors, while the financial shares were mixed. For the day, the index jumped 99.86 points or 1.24 percent to finish at 8,131.74 after trading between 8,011.13 and 8,140.86. Among the actives, Bank CIMB Niaga fell 0.26 percent, while Bank Mandiri jumped 2.00 percent, Bank Danamon Indonesia collected 1.15 percent, Bank Negara Indonesia slipped 0.22 percent, Bank Central Asia shed 0.33 percent, Bank Rakyat Indonesia rose 0.27 percent, Indosat Ooredoo Hutchison spiked 4.27 percent, Indocement climbed 1.14 percent, Semen Indonesia surged 8.95 percent, Indofood Sukses Makmur improved 1.10 percent, United Tractors strengthened 1.76 percent, Astra International vaulted 3.01 percent, Energi Mega Persada tanked 2.59 percent, Astra Agro Lestari expanded 1.68 percent, Vale Indonesia increased 1.20 percent, Timah soared 6.33 percent, Bumi Resources accelerated 3.33 percent and Aneka Tambang was unchanged. The lead from Wall Street offers little clarity as the major averages opened mixed on Tuesday, hugged both sides of the line all day and then finished little changed. The Dow rose 52.27 points or 0.10 percent to finish at 50,188.14, while the NASDAQ slumped 136.20 points or 0.59 percent to end at 23,102.47 and the S&P 500 sank 23.01 points or 0.33 percent to close at 6,941.81. The choppy trading on Wall Street came as traders seemed reluctant to make significant moves ahead of th...
Live cattle futures were down 20 to 80 cents across most contracts on Tuesday. Cash trade was quiet on Monday, after settling in last week at $240-244 in the north and $242-245 in the south. Feeder cattle futures were $1 to $2.67 lower on Tuesday. The CME Feeder Cattle Index was back down 83 cents to $373.83 on February 6. Wholesale Boxed Beef prices were mixed in the Tuesday afternoon report, wit...
Live cattle futures were down 20 to 80 cents across most contracts on Tuesday. Cash trade was quiet on Monday, after settling in last week at $240-244 in the north and $242-245 in the south. Feeder cattle futures were $1 to $2.67 lower on Tuesday. The CME Feeder Cattle Index was back down 83 cents to $373.83 on February 6. Wholesale Boxed Beef prices were mixed in the Tuesday afternoon report, with the Chc/Sel spread widening back out to $4.65. Choice boxes were down 21 cents to $367.55, while Select was $2.45 lower at $362.90. USDA estimated federally inspected cattle slaughter for Tuesday at 116,000 head, with the weekly total at 223,000 head. That is even with last week and 4,183 head above the same week last year. Don’t Miss a Day: Feb 26 Live Cattle closed at $239.100, down $0.200, Apr 26 Live Cattle closed at $237.425, down $0.775, Jun 26 Live Cattle closed at $233.800, down $0.525, Mar 26 Feeder Cattle closed at $364.775, down $2.675, Apr 26 Feeder Cattle closed at $361.275, down $1.925, May 26 Feeder Cattle closed at $356.775, down $1.000, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In this article JD 9618-HK ETH.CM= BTC.CM= USDC.CM= USDT.CM= Follow your favorite stocks CREATE FREE ACCOUNT INDIA - 2025/05/22: In this photo illustration, a Bitcoin logo is seen displayed on a smartphone with the Hong Kong flag in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Hong Kong's central bank is press...
In this article JD 9618-HK ETH.CM= BTC.CM= USDC.CM= USDT.CM= Follow your favorite stocks CREATE FREE ACCOUNT INDIA - 2025/05/22: In this photo illustration, a Bitcoin logo is seen displayed on a smartphone with the Hong Kong flag in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Hong Kong's central bank is pressing ahead with plans to issue an initial batch of stablecoin licenses in March, despite China's long-standing opposition to cryptocurrency activity. Experts, however, see Hong Kong's stablecoin plans as more of a hedge than a reversal of Beijing's position. "We hope that by March we will be able to make a decision," Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, told a Legislative Council meeting on Feb. 2, adding that the authority was reviewing an initial tranche of 36 stablecoin issuer applications, according to an official interpreter. Yue's update comes after plans to allow for the issuance of stablecoins within Hong Kong were reportedly stalled by Beijing. Stablecoins are cryptocurrencies designed to maintain relatively stable values by pegging them to assets such as fiat currencies or gold, reducing price volatility compared with other digital tokens. Hong Kong passed its Stablecoins Ordinance in May, requiring licenses for entities that issue stablecoins within the territory or peg them to the Hong Kong Dollar. The law took effect in August, and the HKMA began accepting applications soon after. watch now VIDEO 6:13 06:13 "Everything is going to tokenize": Why Hong Kong is going big on digital assets The China Connection Jordan Wain, policy advisory lead from Chainalysis, said that stablecoins now account for more than half of the value of transactions recorded directly on blockchains, making them "central to the crypto ecosystem." In a memo , the HKMA cited cross-border payments or tokenized deposit systems for international banks as potential use c...
Key Points The healthcare company published its latest set of financial figures. It missed analyst estimates on both the top and bottom lines, but this was overshadowed by very bullish revenue guidance. 10 stocks we like better than Oscar Health › Unexpectedly optimistic guidance was the factor powering Oscar Health's (NYSE: OSCR) rise on the stock market Tuesday. The next-generation healthcare co...
Key Points The healthcare company published its latest set of financial figures. It missed analyst estimates on both the top and bottom lines, but this was overshadowed by very bullish revenue guidance. 10 stocks we like better than Oscar Health › Unexpectedly optimistic guidance was the factor powering Oscar Health's (NYSE: OSCR) rise on the stock market Tuesday. The next-generation healthcare company reported its latest set of financial results, and while it missed analyst estimates on trailing results, investors liked what they saw with the crystal-ball gazing. At the end of the trading session, Oscar's stock was up by nearly 2%. Falling short Oscar's total revenue for its fourth quarter of 2025 was $2.8 billion, up a robust 17% from the same period the previous year. On the other hand, the company's net loss in accordance with generally accepted accounting principles (GAAP) deepened considerably, to almost $353 million ($1.24 per share) from fourth quarter 2024's deficit of almost $154 million. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Analysts tracking Oscar were expecting the company to do notably better in both fundamentals. Their average estimate for revenue was $3.1 billion, while that for net loss was only $0.89 per share. In the press release detailing the results, Oscar waxed optimistic about one notable growth metric -- that of the company's membership rolls. At the end of the quarter, its total member count topped 2 million, well up from the under 1.7 million in the year-ago period. Bullish outlook Oscar is clearly looking toward the future, and liking what it sees. The section of the earnings report that wowed investors was the company's full-year guidance; it's counting on total revenue of $18.7 billion to $19 billion, with earnings from operations coming in at $250 million t...
灣仔站事故|張欣宇料工程列車扯爛路軌旁設備 大機會涉人為出錯 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】曾任職港鐵工程師的張欣宇估計,是工程列車扯爛路軌旁設備,大機會涉及人為出錯。 智慧交通聯盟理事長張欣宇:...
灣仔站事故|張欣宇料工程列車扯爛路軌旁設備 大機會涉人為出錯 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】曾任職港鐵工程師的張欣宇估計,是工程列車扯爛路軌旁設備,大機會涉及人為出錯。 智慧交通聯盟理事長張欣宇:「這是絕對不應該出現,根本上路軌旁設備是設計到不會跟列車有任何接觸。可能有車的部件沒有收好或未檢查好便行車,當中很大機會牽涉處理流程上出現一些問題,要徹查事件及跟進。」
Earnings Call Insights: Lyft (LYFT) Q4 2025 Management View CEO John Risher opened by highlighting accelerated gross bookings growth and record profitability for the quarter, noting, "Q4 delivered accelerated gross bookings growth and record profitability, closing out another incredible year with 51.3 million riders taking 946 million rides." Risher emphasized expansion into Europe and the chauffe...
Earnings Call Insights: Lyft (LYFT) Q4 2025 Management View CEO John Risher opened by highlighting accelerated gross bookings growth and record profitability for the quarter, noting, "Q4 delivered accelerated gross bookings growth and record profitability, closing out another incredible year with 51.3 million riders taking 946 million rides." Risher emphasized expansion into Europe and the chauffeuring sector, as well as Lyft's positioning "in the center of the $1 trillion autonomous vehicle revolution." Risher reiterated Lyft's 2027 goals: $25 billion in gross bookings, a 4% adjusted EBITDA margin, and over $1 billion in free cash flow. The launch of Lyft Teen was announced as a new product targeting the U.S. market, and a recent independent study was referenced showing annual rider savings by using both major rideshare apps. Risher discussed the progress of Lyft Ads, stating, "Now we've done exactly what we said we wanted to do, which is reach $100 million run rate exit rate from Q4." CFO Erin Brewer confirmed strong profit growth and said, "On a year-over-year comparison, if you recall last year in Q1, there was a favorable nonrecurring item in the quarter. So absent that, we've got really strong profit growth year-over-year, and I think we're set up well as we look into 2026." Outlook CFO Brewer stated there is "no change" to previous guidance for gross bookings to accelerate both in North America and globally, continued adjusted EBITDA margin expansion, and an expectation to generate over $1 billion in free cash flow for 2026. Management reaffirmed the 2027 targets: $25 billion in gross bookings, 4% adjusted EBITDA margin, and over $1 billion in free cash flow. Brewer explained that margin improvement will come from core marketplace health, incentive efficiency, partnership expansion, high-value modes, and cost discipline. Financial Results CEO Risher reported "gross bookings growth, obviously, 19% year-on-year... driver hours that are higher than ever... Activ...