Romaine Bostick
TV Anchor at Bloomberg News
TV Anchor. Host of "Bloomberg Markets: The Close."
Articles
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1 week ago |
news.bloombergtax.com | Lily Meier |Romaine Bostick
Macy’s Inc. posted better-than-expected quarterly results — a sign the company’s strategy of focusing on its best-performing locations is paying off despite weakening consumer sentiment and tariff volatility. Comparable-store sales in the fiscal quarter ended May 3 fell less than analysts had anticipated, the company reported on Wednesday, while revenue of $4.6 billion in the period also surpassed the average estimate. The stock rose 3.8% at 9:30 a.m. in New York trading.
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1 week ago |
bloomberg.com | Lily Meier |Romaine Bostick
Customers exit a outside a Macy’s Inc. store in Chicago. (Bloomberg) -- Macy’s Inc. posted better-than-expected quarterly results — a sign the company’s strategy of focusing on its best-performing locations is paying off despite weakening consumer sentiment and tariff volatility. Comparable-store sales in the fiscal quarter ended May 3 fell less than analysts had anticipated, the company reported on Wednesday, while revenue of $4.6 billion in the period also surpassed the average estimate.
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3 weeks ago |
news.bloomberglaw.com | Alexandre Rajbhandari |Romaine Bostick |Silla Brush
PGIM Chairman David Hunt said institutional investors paused allocation decisions and are reconsidering US exposure because of uncertainty created by President Donald Trump’s trade war. The environment has led investors to sit on the sidelines, Hunt said Thursday in an interview with Bloomberg TV. “Many clients are really putting allocations that they had planned on pause for the moment until there is more clarity,” he said in the interview.
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1 month ago |
news.bloombergtax.com | Jarrell Dillard |Romaine Bostick |Carol Massar
The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government’s bills until late summer before Congress must act to raise or suspend the debt ceiling. CBO Director Phillip Swagel said federal revenues appear to be tracking earlier projections, suggesting the Treasury has a few more months before it could run out of cash to keep paying its obligations in full and on time, risking a potential default.
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1 month ago |
news.bloombergtax.com | Jarrell Dillard |Romaine Bostick |Carol Massar
The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government’s bills until late summer before Congress must act to raise or suspend the debt ceiling. CBO Director Phillip Swagel said federal revenues appear to be tracking earlier projections, suggesting the Treasury has a few more months before it could run out of cash to keep paying its obligations in full and on time, risking a potential default.
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My life’s goal has been to say I’m as smart as @RiggsReport . Now I can retire
i didn't get permission from @RomaineBostick to share this news but i'm so darn excited for him that i'm sharing it anyway. He passed L3 of the @CFAinstitute! Cheers to you Romaine and hard work pays off! You deserve all the good feels today! 🥳🥂🥳
RT @markets: -2 big central bank decisions -US Jobless claims -General Mills earnings @RomaineBostick and @kgreifeld break down what you…
RT @BloombergTV: .@RomaineBostick and @kgreifeld have been waiting all month for tomorrow —It's Fed day https://t.co/r3qQ5S7c4A https://t.c…
