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US Consumer Sentiment Rises Along With Inflation Expectations

(Bloomberg) -- US consumer sentiment rose to the highest since April, while year-ahead inflation expectations picked up to a five-month high as Democrats saw a greater risk of price pressures from anticipated tariffs.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe preliminary December sentiment index climbed to 74 from 71.8, acc

Chevron Slows Permian Growth in Hurdle to Trump Oil Plan

(Bloomberg) -- Chevron Corp. plans to slow production growth in the biggest US oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up American energy output.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionChevron will reduce capital expenditures in the Permian Basin to

US Hiring Rebounds, But Rising Unemployment Keeps Fed Cut Alive

(Bloomberg) -- US hiring picked up in November and the unemployment rate increased, pointing to a moderating labor market rather than one that’s significantly deteriorating.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October — a month constrain

Gold Steady After US Jobs Data Reaffirms Fed Rate Cut Bets

(Bloomberg) -- Gold held steady after a key US jobs report reaffirmed expectations that the Federal Reserve will cut interest rates this month.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNonfarm payrolls increased 227,000 last month following an upwardly revised 36,000 gain in October, according to Bureau of Labor Statistics fig

Bond Traders Leaning on Fed Rate Cuts Eye Payrolls for Clues

(Bloomberg) -- Bond traders seeking support for bets that the Federal Reserve will cut interest rates later this month will closely watch Friday’s US employment report for November.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe monthly snapshot of the labor market arrives as the market-implied odds of a quarter-point rate cut a

Milei Admires Ireland for an Economic Statistic the Irish Don’t Favor

(Bloomberg) -- President Javier Milei aspires to reform Argentina’s economy in the way Ireland turned around its fortunes over the past three decades. The Irish see more nuance to their own story. Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe libertarian outsider, who swept to power last year, has taken to invoking the Europea

RBI Holds Rates, Adds Liquidity to Boost Slowing Economy

(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionIndia’s central bank left the benchmark interest rate unchanged, while taking steps to