Nathan Hager
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Appearances Over Time
Podcast Appearances
Dow futures are three-tenths percent higher.
NASDAQ futures are on the rise by a tenth of one percent.
Crude oil is sliding.
West Texas Intermediate's down 4.7 percent at $90.61 a barrel.
Brent crude's down four and a quarter percent, just shy of $97.
We have our last look at weekly jobless claims before tomorrow's April jobs report.
Bloomberg's Michael McKee has that.
At 8.30 a.m.
Wall Street time, that's Bloomberg's Michael McKee.
Boston Fed President Susan Collins is coming out on the side of her colleagues who dissented on last week's interest rate decision over language suggesting the next move from the Fed could be a cut.
Collins says the war will make it harder to get to the 2% inflation target.
Austin, Susan Collins does not vote on Fed policy this year.
Catch our full conversation with her on the Bloomberg Big Take podcast.
Shares of Citigroup are moving lower by nearly 2%.
The bank just put out new guidance suggesting it'll take longer to catch up with its Wall Street peers on a key metric.
Citi says it will reach 14% to 15% return on tangible common equity by 2031.
JPMorgan Chase hit 20% on that metric last year.
The New York Times is reporting Cauchy will announce it's raised a billion dollars in its latest funding round.
That would bring the valuation of the prediction trading platform to $22 billion.
That's news when you want it with Bloomberg News Now.