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Walmart to put groceries in the fridge while you’re out

Bloomberg Walmart Inc already sells more food than anyone else. Now it wants to put those groceries right in your fridge. Beginning this fall, about 1 million people in Pittsburgh, Kansas City, and Vero Beach, Florida, will be able to get cereal and celery while away from home. Walmart staffers — sporting wearable cameras — will arrive in company-owned cars ...

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Fed watchers say rate cut likely in July

Bloomberg The weak US May jobs report pushes the Federal Reserve closer to cutting interest rates, though maybe not all the way just yet. While a reduction when policy makers meets later this month can’t be ruled out, Fed watchers said their base case is for the central bank to stand pat. But they said the abrupt slowdown in payrolls ...

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PBOC chief sees ‘tremendous room’ to adjust policy if trade war deepens

Bloomberg China’s central bank governor said there’s “tremendous” room to adjust monetary policy if the trade war deepens, joining counterparts in Europe and the US in displaying readiness to act to support the economy. In an exclusive interview with Bloomberg in Beijing, People’s Bank of China (PBOC) Governor Yi Gang also signalled that he’s not wedded to defending the nation’s ...

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