CMO Andrew Katz explains how a new multimillion-dollar campaign addresses the entrance of more "big guys" into the nonalcoholic category.
Morgan Stanley Strategist Wilson Warns of Risk to Stocks as Yields Surge
(Bloomberg) -- US equities could face a tough six months ahead as Treasury yields surge and the dollar advances on worries about inflation, according to Morgan Stanley strategists.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueThe correlation between the S&P 500 Index and b
Fed's Kugler, Daly say job not done on inflation
Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish that job. The remarks, from Governor Adriana Kugler and San Francisco Fed President Mary Daly, highlight the delicate balancing act facing U.S. central bankers this year as they look to slow their pace of rate-cutting. The Fed lowered short-term rates by a full percentage point last year, to a current range of 4.25%-4.50%.
Northwest Europe Braces for Icy Weather as Gas Stocks Deplete
(Bloomberg) -- Freezing weather across northwest Europe this week will put further pressure on gas inventories, while the south and east of the region will be unseasonably warm.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueThe north of the UK is facing snow and ice warning
Gold Extends Drop After Fed Officials Express Inflation Concern
(Bloomberg) -- Gold fell for a second day as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will take a more cautious approach to cutting rates in 2025. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusCan American Drivers Learn to Love Roundabouts?Bullion traded near $2,630 an ounce after
Exclusive-Chinese exchanges ask big fund managers to restrict stock selling, sources say
China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world's second-largest economy. At least four large mutual funds received calls from the Shanghai and Shenzhen stock exchanges on Dec. 31 and Jan. 2 and 3, asking them to buy more stocks than they sold each day. The guidance came as Chinese stocks kicked off 2025 with deep losses on worries that incoming U.S. President Donald Trump would impose hefty tariffs on Chinese goods, heaping more pressure on an already sluggish economy.
Phantom Crypto Wallet Denies Token Airdrop Rumors Following Launch of Social Features and Sui Blockchain Support
Phantom, the digital asset wallet, has refuted rumors about a possible token airdrop after the launch of its new social discovery feature.