China’s Consumer Inflation Slows Even After Stimulus Efforts – Bloomberg
Chinas consumer inflation unexpectedly decelerated in November while factory deflation eased, painting a mixed picture of the effects of recent stimulus efforts on the...
Omnicom in Talks to Acquire Interpublic Group in Landmark Madison Avenue Deal – Variety
Omnicom Group is in advanced negotiations to acquire direct U.S. rival Interpublic Group in a deal that could merge two Madison Avenue giants and...
Wall Street’s Risk-On Momentum Mania Has Bill Gross On the Alert – Bloomberg
Bitcoin rallying to the moon, meme stocks surging for no good reason, bearish bets cratering all at once.
For observers without a sense of...
US Payrolls Rebound From Storms and Strikes With 227000 Growth – Bloomberg
US hiring picked up in November and the unemployment rate increased, pointing to a moderating labor market rather than one thats significantly deteriorating.
Nonfarm payrolls...
Summers Blasts US National Bitcoin Reserve Idea as ‘Crazy’ – Bloomberg
Former US Treasury Secretary Lawrence Summers dismissed the idea of the government setting up a reserve of Bitcoin assets, and cautioned about the political...
