The Case Against “AI”

De olho nas eleições no Brasil

Warsh faces Fed independence test as Bessent moves in on central bank's turf

If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can't go it alone. A sustained effort to bring down Treasury yields would eventually require coordination with Bessent's longtime friend, now at the Federal Reserve, Chairman Kevin Warsh. Bessent's efforts to influence the bond market will add to the immense scrutiny on Warsh to clarify where he stands on the Fed's independence and on its...

Moody’s Urges Tougher NAIC Treatment for Private Credit Ratings

Bloomberg's Silas Brown joins Scarlet Fu on "Bloomberg Real Yield." Moody’s Ratings has called for the US insurance industry’s top watchdog to impose tougher treatment on private credit ratings amid concerns they can overstate credit quality and allow borrowers to shop around for favorable grades.

Beijing calls US tariff report ‘false narrative’ as named hub Mexico plans new China curbs

Beijing calls US tariff report ‘false narrative’ as named hub Mexico plans new China curbs He Yadong says US levies threaten supply chains, while Mexico considers new duties on Chinese steel and textiles China rejected a White House report on Thursday that accused its exporters of routing goods through Mexico and other countries to avoid US tariffs, hours after word emerged that Mexico was preparing to restrict Chinese products further. He Yadong, a spokesman for China’s Ministry of...