Greece: Back in Crisis
The benchmark 10-year Treasury note erased losses after minutes from the Federal Reserve’s Sept. 16-17 meeting showed that policy makers were concerned over the growing risk the slowing global economy posed to U.S. economic expansion.
Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on Sept. 17.
Federal Reserve officials put off an interest-rate increase in September because of growing risks to their outlook for economic growth and inflation, mainly from China, even as they continued to say they were on track to raise the target later this year.
Amazon.com Inc. added homemade jewelry, home decor and other tchotchkes made by artisans to its Web store, encroaching into a market where Etsy Inc. and EBay Inc. have taken the lead against the online retailer.
The wildfires that raged across Northern California last month will cost insurers more than $1.1 billion, according to catastrophe modeler Impact Forecasting.
Saudi Basic Industries Corp. announced a restructuring to make itself more agile and cost-efficient, following a comprehensive review of the challenges facing the Middle East’s biggest petrochemicals company.
Russia rolled back cuts to defense spending next year, undoing reductions after embarking on its first military foray outside the former Soviet Union in three decades.
From Oslo to Doha, Riyadh to Moscow, governments that rode crude’s historic rise to unprecedented wealth are now being forced to start repatriating their rainy-day funds just to make ends meet.
Steel shipments into India, Asia’s third-biggest economy, grew at a slower pace for a second month in September after the nation increased the import tax on some products fearing an influx of cheaper goods from China.
Ukrainian government troops and pro-Russian rebels are pulling light weapons and tanks from the conflict area in the country’s east as “relative calm” has prevailed since early September, monitors from the Organization for Security and Co-operation in Europe have confirmed.
Michael Horn, president and chief executive officer of Volkswagen Group of America, apologized and promised a full investigation into the company's emissions-cheating scandal at the first congressional hearing on the matter. Here are some of the heated moments from the U.S. House Energy and Commerce investigations subcommittee. (Source: Bloomberg)
Federal Reserve officials put off an interest-rate increase in September because of growing risks to their outlook for economic growth and inflation, mainly from China, even as they continued to say they were on track to raise the target later this year. Bloomberg's Mike McKee reports on "Bloomberg Markets." (Source: Bloomberg)
Bill Gross, who manages the $1.38 billion Janus Global Unconstrained Bond Fund for Janus Capital Group Inc., discussed his departure from Pimco with Bloomberg in an interview from May. (Source: Bloomberg)
UBS Chairman Axel Weber discusses central banks policies, markets and the economy. He speaks on "Bloomberg Markets." (Source: Bloomberg)
Bloomberg's Anders Melin examines the pay gap between Chief Executive Officers at Biotech and Pharmaceutical firms. He speaks on "Bloomberg Markets." (Source: Bloomberg)