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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent Bloomberg Markets and Finance Items:
Mar.25 — Coronavirus pandemic will cause a “very severe” hit to U.S. GDP with the unemployment rate possibly jumping 10% in the second quarter, Deutsche Bank Chief Economist Torsten Slok warns in an interview with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.”