Bloomberg Intelligence

Oil Soars on Biden Comments, US Services Activity Expands

Oct 3, 2024
Devika Krishna Kumar, an oil markets reporter for Bloomberg, reveals how President Biden's comments on Iran have spiked oil prices. Steve Miller, Chair of the ISM Services PMI, offers insights on the encouraging trends in services activity, while Margie Patel, a Senior Portfolio Manager, shares her market outlook amid uncertainty. Jessica Kriegel, Chief Scientist of Workplace Culture, discusses the impact of a port strike on the labor market, tying in economic ramifications and worker dynamics that could shape future employment.
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