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19.02.2026 20:31
Invesco, Carmignac Bet Against US Debt, See Limited Fed Cuts The bond market’s consensus view that the Federal Reserve will cut interest rates at least twice more this year is at odds with US economic resilience, say portfolio managers at Invesco Ltd. and Carmignac, who are betting against Treasuries.

FT
19.02.2026 23:45
20.02.2026 1:43
In 2025, Trade Deficit in Goods Reached Record High Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record.

20.02.2026 3:03
Goldman Lawyer, Epstein Conferred on Secret Service Sex Scandal Kathryn Ruemmler, who resigned last week as the top lawyer at Goldman Sachs Group Inc., corresponded with Jeffrey Epstein about a prostitution scandal that engulfed the US Secret Service during her tenure as White House counsel under former President Barack Obama. In a dozen or so exchanges that were sent months after Ruemmler left her White House position in 2014, she complained to Epstein about “this secret service crap” and forwarded to him a draft email that contained detailed, nonpublic information about the behind-the-scenes role the White House Counsel’s office played in investigating the 2012 prostitution scandal. Bloomberg News Senior Investigative Reporter Jason Leopold joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

20.02.2026 3:44
Wayfair Drops as Colder Weather Muddies 1Q Guidance Wayfair shares slump as much as 16%, hitting a four-month low intraday, after the home goods retailer said it expects mid-single-digit topline growth year-over-year for the first quarter, which Jefferies considers to be conservative and attributable to colder weather to start the year. The company also said during the conference call that it sees 1Q gross margins “likely at the low end” of the 30% to 31% guidance range. Wayfair Chief Financial Officer Kate Gulliver joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)


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