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“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's continued war with Tehran pushed energy costs higher, deepening strains on American households ahead of next month's midterm elections. The uptick underscores voter worries over high costs of living, and comes as President Donald Trump is campaigning in US states to shore up support for his Republican Party as it tries to retain control of Congress.
Bank of America Corp. Chief Executive Officer Brian Moynihan addresses the $1.2 billion in fines levied against the company by the US government. He says the bank takes the fines seriously and there is accountability at the firm. He says costs associated with these fines are in the company "baseline." He speaks to Bloomberg's Jonathan Ferro. (Source: Bloomberg)
A religious private school for boys who have been diagnosed with autism or other disabilities is tapping the municipal bond market to build a new campus.
Former St. Louis Federal Reserve President James Bullard discusses his outlook for the Fed’s policy path through the end of the year on “Bloomberg Surveillance.” (Source: Bloomberg)
The SOYB soybean fund fell 0.51% to US$27.33 on Tuesday 13 October and the WEAT wheat fund 0.74%, while the CORN fund rose 0.11% to US$18.48. The post Soy Fund Slips 0.51% as Wheat Fund Falls 0.74% | Grains, Oct 13 appeared first on The Rio Times.
The USO oil fund rose 1.36% to US$153.09 on Tuesday 13 October, and Ecopetrol gained 1.68% while Petrobras rose 1.52% in São Paulo. The post Oil Fund Gains 1.36% as Ecopetrol Rises 1.68% | Oil, Oct 13 appeared first on The Rio Times.
Ternium rose 1.81% to US$58.99 on Tuesday 13 October and Gerdau 0.78%, while CSN fell 2.36% and the SLX steel ETF slipped 0.07% to US$103.03. The post Ternium Gains 1.81% as Steel ETF Slips 0.07% | Steel, Oct 13 appeared first on The Rio Times.
Vale’s New York shares fell 1.11% to US$13.37 on Tuesday 13 October and Rio Tinto fell 1.31%, as Brazil’s exchange reopened after a holiday. The post Vale Falls 1.11% to US$13.37 as Rio Tinto Drops 1.31% | Iron Ore, Oct 13 appeared first on The Rio Times.
The LIT lithium ETF fell 1.05% to US$67.65 on Tuesday 13 October as Albemarle lost 0.87%, while Chile’s SQM rose 0.58% in New York trading. The post Lithium ETF Slips 1.05% as Albemarle Falls 0.87% | Lithium, Oct 13 appeared first on The Rio Times.
The US copper fund CPER fell 0.44% to US$40.45 on Tuesday 13 October as Southern Copper lost 0.61% and Freeport 1.19%, with Chile and Peru in focus. The post Copper Fund Slips 0.44% to US$40.45 as Miners Fall | Copper, Oct 13 appeared first on The Rio Times.