Caroline Hepker
๐ค SpeakerAppearances Over Time
Podcast Appearances
The latest gains come as pressure from the Trump administration on the Fed exists.
There are also threats to annex Greenland and the prospect of military intervention in Venezuela have fuelled a flight away from sovereign bonds and currencies.
And that uncertainty was underlined again this weekend after the US president threatened a 100% tariff on all Canadian goods if the country becomes what President Trump described as a drop-off port for Chinese exports to the US.
New research by Morgan Stanley says the UK is losing more jobs than it's creating because of artificial intelligence.
Bloomberg's Ewan Potts has more.
That's news when you want it with Bloomberg News Now.
I'm Caroline Hepke.
And I'm Caroline Hepker.
Growing anger over the Trump administration now threatens to trigger a partial government shutdown this week.
Senate Democratic leader Chuck Schumer says his party will vote against a sweeping funding package needed to keep the U.S.
government running unless Republicans strip out funding for the Department of Homeland Security, which oversees ICE.
Democratic Senator Adam Schiff of California spoke on NBC's Meet the Press.
Adam Schiff speaking there, with the effects of another shutdown expected to be widespread, including possibly delaying the next Bureau of Labour Statistics report.
And there are signs that some congressional Republicans are wavering.
Speaking on Fox News, House Oversight Chairman James Corner suggested that President Trump should consider taking his immigration crackdown to another city.
The Japanese yen has extended gains against the dollar as traders start the week on alert for authorities intervening in the FX market.
Coordinated currency intervention is rare but has been fuelled by comments on Sunday from Japanese Prime Minister Takeichi about addressing, quote, speculative and highly abnormal movements.
Traders reported on Friday that the Federal Reserve Bank of New York had contacted financial institutions today
to check on the yen's exchange rate, something that is seen as a precursor to intervention.
New research by Morgan Stanley says that the UK is losing more jobs than it's creating because of artificial intelligence.