PepsiCo Lowers Outlook on Higher North America CostsBloombergUnited States of AmericaPepsiCo lowered its profit outlook as the snack and beverage company faces higher costs in North America that are weighing on margins. Ken Shea of Bloomberg Intelligence has more. (Source: Bloomberg)
Morgan Stanley Bond Veteran Is Bullish for First Time in DecadeBloombergUnited States of AmericaEconomic dataMorgan Stanley Investment Management’s Vishal Khanduja, a top-performing bond investor, is turning bullish on US debt for the first time in a decade, with yields at two-decade highs serving as a ch...
BlackRock’s Rieder on Yield Curve, Federal Reserve Rate HikesBloombergUnited States of AmericaEconomic dataRick Rieder, CIO of global fixed income at BlackRock, says the front end of the yield curve is “still very attractive,” and discusses the state of the US economy and why he is positioned for a hawk...
US Jobless Claims Fall to Lowest Level Since JulyBloombergUnited States of AmericaInitial jobless claims in the US eased by 2,000 to 197,000 in the week ending October 3. This is the fourth straight week claims have been below 200,000. Bloomberg's Michael McKee reports. (Source:...