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@opinion
Opinions on business, economics, technology and more from the columnists at Bloomberg Opinion.
World & Business
The holiday-quarter forecast will draw attention because the iPhone Duo arrived after the quarter being reported.
World & Business
On October 30, gas averaged $4.20 a gallon nationally, while diesel reached $6.32.
World & Business
Yahoo Finance reports the October 28 hold; Kobeissi Letter describes a 10-2 vote with Cook and Hammack dissenting.
World & Business
President Luiz Inácio Lula da Silva defeated Sen. Flávio Bolsonaro in the October 25 runoff with ~51.75% of votes, securing a fourth presidential term—a Brazilian first. Pre-election polls were tight; markets had rallied after the first round.
AI
A journalist says the loss was tied to accounting adjustments and compute spending is set to exceed $600 billion.
World & Business
The Financial Times reports September’s annual rate was up from 3.4% in August and above economists’ 3.6% forecast.
World & Business
The September payrolls report came in well below expectations of roughly 84,000 to 90,000 jobs, and prior months were revised down by 60,000. Reuters and market pricing indicated traders shifted toward expecting the Fed to hold rates steady in October.
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