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Former Boston Federal Reserve President Eric Rosengren isn't surprised by a weaker retail sales number with the American consumer dealing with higher oil prices while AI and tech investment drive a large portion of investment spending. He speaks to Romaine Bostick and Isabelle Lee on Bloomberg's 'The Close.' (Source: Bloomberg)
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A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that…
US Treasury yields advanced on Friday during the North American session after reversing their course following the release of US Retail Sales data, which disappointed investors.
The trading firm posted its worst month ever in July after bets at Leopold Aschenbrenner’s hedge fund soured.
Oil prices turned higher, and investors braced for further volatility as US and Iranian officials insisted on control of the Strait of Hormuz.
Oil prices turned higher, and investors braced for further volatility as US and Iranian officials insisted on control of the Strait of Hormuz.