AustralianSuper is on the hunt for a new chief investment officer after announcing the departure of Mark Delaney from the post after more than two decades at the nation’s largest pension fund.
Federal Reserve Bank of Atlanta President Raphael Bostic said policymakers should remain focused on addressing inflation, with elevated price pressures expected to persist through most of next year.
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.
Treasuries held modest gains after fluctuating in the wake of mixed US employment data that left the door open for further Federal Reserve interest-rate cuts in 2026.
Signs the US jobs market is sluggish, but not rapidly deteriorating saw traders refraining from boosting bets on near-term Federal Reserve rate cuts, sending stocks lower as bonds wavered.
In the fall of 2023, a junior analyst at Western Asset Management Co. was allegedly befuddled by a trading allocation made by the firm’s star bond trader, Ken Leech.
Bitcoin is headed for the fourth annual decline in its history, and the first one that didn’t coincide with a major scandal or industry meltdown.
First Brands founder Patrick James asked a judge to dismiss a lawsuit accusing him of misappropriating hundreds of millions of dollars, contending firms that provided his company with off balance-sheet financing engaged in “predatory” practices that helped tip the auto-parts supplier into bankruptcy.
Visa will allow US institutions to settle transactions using Circle's USDC token over the Solana blockchain. Cuy Sheffield, Head of Crypto at Visa discusses his outlook on this change and how on-chain settlement is already live and growing, with rising demand from global clients using stablecoins. He had the conversation on "Bloomberg Markets" with Scarlet Fu and Tim Stenovec. (Source: Bloomberg)
US stocks fell on Tuesday as signs of a sluggish job market didn’t change the outlook for interest-rate cuts from the Federal Reserve.
