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BlackRock's Rieder on Jobs Report, Fed Rates and Bonds
Bloomberg51d agoneutralVIDEO
BlackRock's Rieder on Jobs Report, Fed Rates and Bonds

Rick Rieder, CIO of global fixed income at BlackRock, reacts to the July US employment report, calling it "unremarkable," and says the economy is going through a "productivity revolution." Speaking on "Bloomberg Open Interest," Rieder also discusses the outlook for Federal Reserve monetary policy and how the company is currently investing in the fixed income market.

Labor Market Proves Weaker Than Expected. That Could Keep Rate Hikes at Bay.
Barrons.com51d agoneutral
Labor Market Proves Weaker Than Expected. That Could Keep Rate Hikes at Bay.

The July jobs report made one thing very clear: Policymakers and investors can't take their eye off the ball. Going into Friday's data release, the consensus was that the labor market was stable and had gained ground since last year's stalled-out environment. It proved to be a bit of a similar pattern to recent years, particularly 2025, when July payrolls disappointed and the BLS lowered the previous two months' estimated payroll gains by 258,000.

DraftKings Q2 Earnings Call Highlights
MarketBeat51d agoneutral
DraftKings Q2 Earnings Call Highlights

DraftKings (NASDAQ:DKNG) said its core business continued to grow in the second quarter of 2026, generating $115 million in adjusted EBITDA as customer acquisition, retention and engagement exceeded management’s expectations. The company maintained its full-year revenue outlook of $6.5 billion to $6