3 Burst results for "Andrew O'day"
Bloomberg Radio New York
"andrew oday" Discussed on Bloomberg Radio New York
"About consumers heading into a season when they're going to run out of excess savings conference board chief economist dana peterson tells bloomberg that with personal debt mounting one kind of consumer especially it may come close to taking the days off if people were using credit cards to finance their debt and they were also taking reprieve that from student loan payments when all those things come due they're not going to spend student loan payments resume in october but what about everybody else consumers are still looking at the fact that many of them are working still they're still spending on services they still anticipate that they're going to be spending whether they should or not which could mean despite rising debt and economic headwinds retailers might be okay andrew oday bloomberg radio and i'm steve rapoport in the bloomberg here are some of the stories were watching china's trade and inflation data this week will likely signal the economy's recovery remains fragile keeping pressure on policy makers to roll out more stimulus thursday's trade exports report is and expected to imports show contracted again in august from a year earlier although at a milder pace than in july according to an estimate from bloomberg news the labor department on friday reported the u .s. added 187 thousand jobs last month wages grew but so did the nation's unemployment climbing to three point eight percent michael collins is senior portfolio manager at p g i m fixed income the unemployment rate finally that stubbornly low unemployment rate finally taking up i think is good news but you have to be careful right the labor market can a be real slippery slope once it starts deteriorating sometimes it deteriorates too fast so you have to watch what you wish for but we're definitely in that you know weakflation slower growth moderating inflation camp and that's that's good for risk assets hear more of that conversation on the bloomberg surveillance podcast you can download it wherever you get your podcasts there's plenty of economic data for investors to watch in the holiday shortened week ahead bloomberg's karen moscow has more u .s. markets are closed monday for the labor day holiday tuesday get we a look at u .s. factory orders and wednesday the federal reserve releases its beige book economic also get survey reports we on the trade balance that day and service industries and thursday is the weekly report on initial jobless claims friday wholesale inventories and consumer credit are scheduled to be released and we'll hear from a number officials of fed throughout the week including boston susan collins and atlanta's rafael bostic karen moscow bloomberg radio softbank group has lined up some of arms biggest customers as strategic investors for the chip companies initial public offering include apple invidia intel and samsung electronics details from bloomberg's charlie pellet those sources say the investors also include advanced micro devices cadence design systems alphabets google and synopsis among others softbank has been in discussions with customers arm and partners for months but the plans are just being finalized now those sources say details could change as the company gets closer to the ipo which is expected to have its investor old show under way by next week thanks charlie global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in over one hundred twenty countries i'm steve rapoport and this is bloomberg from new york another update on wall street in fact records to london uk businesses are feeling effects the of high prices to home call the hang sang down about one point three percent right now twenty four seven business and market news that expands your world view whenever always nice to see you french finance minister much more concerned about how things flow out of china bloomberg radio the bloomberg business happened bloomberg radio dot com bloomberg the world is listening everyone al roker here as a guy with his own catchphrase i appreciate that smokies only said only you can event wildfires but i'm feeling it because there's a lot more to report like when they're parched or windy conditions out there you've gotta be extra careful with things like burning yard waste after all wildfires can anywhere start even in your neck of the woods go to smoky bear dot com to fire prevention brought to you by the u .s forest service your state forester and the ad council your landscape business is ever -changing there could be a lot more selling to come ours is too just getting some headlines i want to bring to our audience we also have the unknown of how much can financial assets take
WTOP
"andrew oday" Discussed on WTOP
"Term works along the g w parkway through mclean has you getting by in a single plane both ways between the route one twenty three in the beltway rick mcclure w t l p traffic to seven u's first first alert meteorologist jordan evans highs this afternoon the upper eighties heated x values in the low is temperatures tonight in the seventies and then tomorrow highs around ninety degrees heat five index to around in ninety terms of storm chances those will increase this evening couple of those storms could have some gusty winds heavy rain and lightning but i'm really concerned about tomorrow the storms between three and nine p m on monday will likely be strong to severe some high winds hail even a low tornado risk is all in play during the afternoon and evening tomorrow quiet weather will follow tuesday into wednesday wednesday will be the with best day low humidity and temperatures around eighty five i'm seven news meteorologist jordan evans in the first alert weather center and adding to that weather information the national weather service has a flood watch in effect from eight o 'clock this evening until 2 a .m monday for areas including arlington alexandria and falls church right now it's ninety degrees in chantilly eighty seven in penn quarter eighty eight in columbia brought to you by long fence save twenty five percent on long deck rather long fence decks pavers and fences six months no payment no interest financing terms and conditions apply go to long fence dot com it's three ten monday news at ten and forty past the hour here's andrew oday this is a bloomberg money minute when it comes to spending money the rich don't play by everyone else's rules the ultra wealthy spent on luxury through covid lockdowns and are still spending
Bloomberg Radio New York
"andrew oday" Discussed on Bloomberg Radio New York
"Extremely important as a hub of disciplines all in one space with all of these brilliant minds. And GH's wrong is huge when it comes to defining the future and power from an interdisciplinary point of view. They had it all there, whether it's the innovation hub, the makers space, and we're already creating fashion collaboration between the disciplines and you have civil engineers speaking to programmers speaking to electrical engineers. And together, they're creating advancements that we wouldn't have been able to do without those three minds coming together and solving a problem as one rather than solving it in isolation. And JIT, New Jersey institute of technology. Learn more at nj IT dot EDU. This is a Bloomberg money minutes. The price of just about everything is higher, but sometimes. It's worth it. Despite the price increase, the coffee demand is strong. That's Giuseppe lavazza, vice chair of coffee maker lavazza. He tells Bloomberg that although sales of coffee made for brewing at home never really fell during the pandemic, the cafes that make for the industry's strongest profit margins suffered. Until now. What we are seeing that the market that was crashed by the pandemic now is bounce back. The last piece of recovery for coffee companies hasn't fully happened yet. For the coffee consuming offices because many people still are working remotely. Despite suggestions of some that companies ought to mix in lower quality robusta coffee with high quality arabica to save on higher costs. With high quality coffee. In part, because many workers who've been drinking decent brew at home over the past more than two years won't be willing to return to the old pre-pandemic bottom of the pot partly burnt swill at the office. I'm Andrew oday