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2023-03-23 16:29:59 By : Ms. kerry wei

Bloomberg Markets European Open kick starts the trading day, breaking down what's moving markets and why. Francine Lacqua and Tom Mackenzie live from London bring you an action-packed hour of news no investor in Europe can afford to miss.

Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.

Manager and music executive Ibrahim Hamad takes us on his long journey from meeting a then-unknown rapper named J.Cole in college to becoming his manager to helping him build a label, a festival and a media company as partners.

Lloyd’s of London Slumps to Pre-Tax Loss, Writes Down Portfolios

Is It Time For Public Checking Accounts at the Fed?

Philippines Shifts to Smaller Rate Hike Amid Global Banking Woes

ECB’s Muller Sees More Hiking, But Bulk of Moves ‘Behind Us’

Singapore Core Inflation Stays Unchanged at 14-Year High

LA’s City Hall Leads a New Fight Against an Old Foe: Homelessness

Toyota’s Outgoing CEO to Stay On as Japan Auto Group Chief

Taiwan’s Biggest Financial Group Floats Idea of Bank Run Curbs

How TikTok Became a US-China National Security Issue

Snap Can’t Count on a TikTok Ban to Help It Recover

Japan Ends Curbs on Exports of Chip Materials to South Korea

Ukraine Latest: EU Leaders to Sign Off on Military Aid for Kyiv

FDIC Delays Bid Deadline for Silicon Valley Private Bank

SVB’s Big Bet on Troubled Private Bank Ends on the Auction Block

New Zealand Government to Invest in Gin Distillery, Film Studio

Delta, United Offer to Trim Flights at Busy Airports This Summer in Deal With FAA

Boris Johnson May Have Finally Lost His Political Touch

UBS, Switzerland, and Those Angry AT1 Investors

Stuck in a Time Warp With Janet and Jerome

What Happens When Sexting Chatbots Dump Their Human Lovers

Iranian Activists Want Tech Companies to Ban the Ayatollah

A Visual Guide to How America Uses Freight Trains

Airlines Told to Reward Managers Hiring Women as Progress Stalls

Australia to Hold Historic Indigenous Referendum by December

New Zealand to Review Emissions Trading to Counter Forestry Bias

UK Set for Massive Rollout of EV Chargers in Net-Zero Push

Pennsylvania County Accuses Tech Giants of Fueling Youth Mental Health Crisis

LA’s City Hall Leads a New Fight Against an Old Foe: Homelessness

New Jersey-to-NYC Commuters Face Disruption as Bus Route Set to End

Bitcoin Retreats; Justin Sun-Linked Coins Drop After SEC Charges

Circle USDC Stablecoin Redemptions Rise to About $6 Billion

Miami and New York’s Crypto CityCoins Meet Quiet Demise

Wall Street widely expected the Federal Reserve to raise interest rates by 25 basis points, which is exactly what happened. But equity investors debated conflicting messages: the policy guidance shifted from “ongoing” rate increases to “some additional” policy firming, though Chair Jerome Powell said that the Fed’s hands aren’t tied. 

Stocks gained in the immediate aftermath and then sank. Treasuries and the dollar fell. Investors pouring over the Fed’s Summary of Economic Projections didn’t get much help there, since the Fed’s expectations for unemployment and inflation were little changed.