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Former finance minister discusses the call from the president and his subsequent appointment as chair of the Financial and Fiscal Commission.
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In trading on Thursday, shares of PVH Corp (Symbol: PVH) crossed below their 200 day moving average of $76.71, changing hands as low as $75.34 per share.
In trading on Thursday, shares of Albany International Corp (Symbol: AIN) crossed below their 200 day moving average of $59.15, changing hands as low as $58.50 per share.
A key regional price benchmark for aluminum delivered to the US market tumbled after the Trump administration indicated it would lower tariffs on certain Canadian exports of aluminum.
This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. America’s national debt cleared $40 trillion for the first time ever on Wednesday, a number so comically large as to feel imaginary.
“I was in my bedroom,” OPM director Scott Kupor said in an all-hands meeting this week. “I was trying to find something that was not recognizable as being in my house, basically.”
Bloomberg's Matt Winkler joins Scarlet Fu on "Bloomberg Real Yield." Borrowing costs for the state of Texas are higher than they are for California. The yield that investors demand on Texas bonds are, on average, point-3 percentage points higher than the Golden State.
