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(Bloomberg) -- The Federal Reserve may cut interest rates more aggressively than markets expect, making shorter-maturity US Treasuries attractive, according to Pacific Investment Management Co’s Marc Seidner.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Mont

(Bloomberg) -- Thailand transferred about 30 billion baht ($890 million) to its senior citizens on Monday, part of a government program to tackle the high cost of living and stimulate the nation’s sluggish economy.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost

(Bloomberg) -- In the bond market, Donald Trump’s first week, at least, turned out far less destabilizing than feared. Traders hope the same goes for the latest shift from the Federal Reserve. Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan. 30The

(Bloomberg) -- Chinese industrial profits show commodities producers ending 2024 at the bottom of the pile. This year’s looking no better.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan. 30Crude oil processors, steelmakers and coal miners were the

"As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war."

(Bloomberg) -- The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending and creating even more separation from its global counterparts.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Ja

Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and delinquenices are rising.