Every day, Americans' wallets feel the pressure from inflation, President Biden's current approval rating is 43%, according to Rasmussen Reports. Biden and his administration have been on tour touting "Bidenomics," the President's economic policies. But has that message resonated with voters? Former Governor of Montana Steve Bullock, a Democrat, joins Yahoo Finance to break down the President's economic performance and why Bidenomics may still be able to stick with voters at the voting booth. Bullock affirms "it's definitely a precarious or difficult time in the political environment, but, I think as long as President Biden continues to stay laser focused in the U.S., on helping actually grow this economy, being the partner, making those investments where they matter" then Biden can "make the average American or the average Montanan's life better, and that's what we need right now." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Every day, Americans' wallets feel the pressure from inflation, President Biden's current approval rating is 43%, according to Rasmussen Reports. Biden and his administration have been on tour touting "Bidenomics," the President's economic policies. But has that message resonated with voters? Former Governor of Montana Steve Bullock, a Democrat, joins Yahoo Finance to break down the President's economic performance and why Bidenomics may still be able to stick with voters at the voting booth.
Bullock affirms "it's definitely a precarious or difficult time in the political environment, but, I think as long as President Biden continues to stay laser focused in the U.S., on helping actually grow this economy, being the partner, making those investments where they matter" then Biden can "make the average American or the average Montanan's life better, and that's what we need right now."
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Kirk Hope, chief executive officer at BusinessNZ, discusses what New Zealand's largest business advocacy group hopes to see in terms of government policies. He speaks with Bloomberg's Haidi Stroud-Watts after the country's opposition National Party ousted the ruling Labour Party in the weekend election.
(Bloomberg) -- Stocks rose and bonds fell amid diplomatic efforts to prevent the Israel-Hamas war from expanding into a regional conflict. Oil dropped, following last week’s rally.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, EU Warns of ‘Breaking Point’Xi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts to
A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal. A British judge has ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes during a work trip, when he had really shared them with his partner. When the company queried his expenses for a July 2022 business trip to Amsterdam, Fekete emailed: “I was on the business trip by myself and that I had 2 coffees as they were very small.”
Long-term U.S. Treasury yields may still have room to rise but they could swing in both directions in the near term as inflation eases and the Federal Reserve nears a peak in interest rates, the BlackRock Investment Institute said on Monday. The institute, an arm of the world's largest asset manager BlackRock, said it had turned "neutral" on long-term Treasuries on a six-to-12-month horizon from a previous underweight recommendation. Treasury yields, which move inversely to prices, have risen sharply since the U.S. central bank started raising interest rates in March 2022 to fight a surge in inflation.
