Bloomberg

Bloomberg•about 8 hours ago•1 min read

European Union leaders must show courage in strengthening the bloc’s foundations, according to European Central Bank President Christine Lagarde.

Bloomberg•about 8 hours ago•1 min read

Republican Representative Thomas Massie broke with President Trump over the Epstein Files and now faces reelection. Bloomberg Opinion columnist Mary Ellen Klas went to Kentucky to speak to his constituents. She says Massie’s reelection is a national test for the GOP. (Source: Bloomberg)

Bloomberg•about 8 hours ago•1 min read

A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing stake in Twitter Inc.

Bloomberg•about 9 hours ago•1 min read

The Senate confirmed Kevin Warsh as chair of the Federal Reserve with a 54-45 vote, the slimmest confirmation margin ever for a head of the central bank. Mike McKee reports. (Source: Bloomberg)

Bloomberg•about 9 hours ago•1 min read

The Venezuelan government announced the start of a “comprehensive and orderly” restructuring process for its sovereign debt and that of state-oil company PDVSA.

Bloomberg•about 9 hours ago•1 min read

The Senate narrowly confirmed Kevin Warsh chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence. The 54-45 vote Wednesday was the slimmest confirmation margin ever for a head of the central bank, reflecting polarized politics in Congress and Democratic fears that Warsh will bend to President Donald Trump’s demands to rapidly lower interest rates.Bloomberg's Mike McKee joins Bloomberg Busin

Bloomberg•about 9 hours ago•1 min read

The Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.

Bloomberg•about 9 hours ago•1 min read

Douglas Holtz-Eakin, President of the American Action Forum and former Director of the Congressional Budget Office joins Balance of Power to discuss the recent inflation data and how this will effect the Fed's rate decisions. Warsh arrives just in time for two-year Treasury yields to touch 4%, their highest since June last year, buoyed by the strong market expectation that the fed funds rate cannot move far from where it is now — but that the next move is now more likely to be a hike than

Bloomberg•about 9 hours ago•1 min read

Kelly Grieco, Senior Fellow with the Reimagining US Grand Strategy Program at the Stimson Center joins Balance of Power to discuss the recent news reported that Iran may still have intact missile capabilities. Iran's missile capabilities brings more light to the Trump, Xi Summit as the conflict continues between the US and Iran. President Donald Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties w

Bloomberg•about 9 hours ago•1 min read

Brazil’s currency slumped Wednesday after a news website linked right-wing presidential candidate Flavio Bolsonaro to Daniel Vorcaro, the jailed former chief executive of a bank at the center of a massive fraud probe.

Bloomberg•about 9 hours ago•1 min read

Representative Suzan DelBene, said Republicans won't get what they expected from redistricting because of voter anger with President Trump and Republicans in Congress. House Democrats may have lost the mid-decade redistricting battle. They still have the edge in the campaign for control of the chamber at the midpoint of President Donald Trump’s second term. The US Supreme Court sharply limiting race-based redistricting and the Virginia Supreme Court voiding a Democratic gerrymander have made tha

Bloomberg•about 10 hours ago•1 min read

Russian President Vladimir Putin replaced the heads of two regions bordering on Ukraine that have been repeatedly targeted by Kyiv’s forces since the war began more than four years ago.

Bloomberg•about 10 hours ago•1 min read

Who is Wes Streeting, the cabinet minister expected to resign and challenge Keir Starmer? Alex Morgan explains. (Source: Bloomberg)

Bloomberg•about 10 hours ago•1 min read

US President Donald Trump’s Board of Peace for Gaza is preparing a 15-point plan for the disarmament of Hamas, a key obstruction to reconstruction and rehabilitation efforts in the war-ravaged territory.

Bloomberg•about 10 hours ago•1 min read

Left-wing lawmaker Roberto Sánchez has enough votes to squeak by another contender and advance to Peru’s presidential runoff against conservative Keiko Fujimori, according to totals published by the elections regulator after weeks of adjudicating disputed ballots.

Bloomberg•about 10 hours ago•1 min read

Israel’s government said Prime Minister Benjamin Netanyahu made a “secret visit” to the United Arab Emirates, underlining the growing ties between the countries since the start of the Iran war.

Bloomberg•about 11 hours ago•1 min read

Senators would forgo their pay during future government shutdowns under a measure that just cleared a key initial procedural hurdle on the floor Wednesday.

Bloomberg•about 11 hours ago•1 min read

The new head of the US Securities and Exchange Commission’s enforcement division is keeping an eye on stress in the private credit market and retail investor fraud, signaling the top cop’s priorities a week into the job.

Bloomberg•about 11 hours ago•1 min read

The European Union is considering stockpiling fertilizers and providing relief for farmers as part of measures aimed at tackling soaring costs caused by the Middle East conflict.

Bloomberg•about 11 hours ago•1 min read

Ukraine came under “one of the longest” Russian attacks with drone barrages targeting regions close to the border with NATO members in the western and southwestern part of the country, according to President Volodymyr Zelenskiy.

Bloomberg•about 12 hours ago•1 min read

The Iran war pulls US attention away from the key agenda of trade, tech and Taiwan.

Bloomberg•about 12 hours ago•1 min read

Chancellor Friedrich Merz’s coalition agreed to scale back subsides worth about €3 billion ($3.5 billion) to create fiscal space for tax relief for lower-income households, according to people familiar with the discussions.

Bloomberg•about 12 hours ago•1 min read

Gunshots could be heard inside the Philippine Senate on Wednesday evening. A lawmaker wanted by the International Criminal Court has been living in the complex since Monday. Senator Ronald Dela Rosa is wanted for his alleged role in crimes related to a deadly crackdown on illegal drugs. The country's interior secretary said no one was hit or wounded by the gunshots. (Source: Bloomberg)

Bloomberg•about 13 hours ago•1 min read

Nvidia Corp. co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes Beijing summit. Annmarie Hordern, Bloomberg Surveillance TV Co-Host, discusses the President's trip and why several US business leaders will be in attendance. (Source: Bloomberg)

Bloomberg•about 13 hours ago•1 min read

Mexico’s President Claudia Sheinbaum refuted a report that the US Central Intelligence Agency helped assassinate cartel members in Mexican territory earlier this year with an explosive hidden in a car.

Bloomberg•about 13 hours ago•1 min read

Philippine President Ferdinand Marcos Jr. said the government was not involved in an incident where gunshots were heard at the Senate building late Wednesday.

Bloomberg•about 15 hours ago•1 min read

A veteran Italian diplomat has emerged as the frontrunner to succeed Christian Schmidt as the top international envoy to Bosnia-Herzegovina.

Bloomberg•about 16 hours ago•1 min read

The UK’s parliamentary standards commissioner launched an inquiry into whether Nigel Farage breached the House of Commons Code of Conduct by failing to declare a £5 million ($6.8 million) gift from Christopher Harborne.

Bloomberg•about 16 hours ago•1 min read

Gunshots were fired at the Philippine Senate on Wednesday evening where a lawmaker wanted by the International Criminal Court has sought refuge. President Ferdinand Marcos Jr. called for calm and denied any government involvement in the incident.

Bloomberg•about 17 hours ago•1 min read

The UK’s governing Labour Party was headed for a divisive battle over the country’s top political office, as a leading Cabinet member prepared to challenge Prime Minister Keir Starmer.

Bloomberg•1 day ago•1 min read

Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. Bloomberg's Kailey Leinz and Atlantic Council Geoeconomics Center Senior Director Josh Lipsky have more on "Balance of Power: Evening Edition." (Source: Bloomberg)

Bloomberg•1 day ago•1 min read

Stuart Paul, Bloomberg Economics US & Canada economist, breaks down the latest core inflation print, as data shows the war in Iran pushing the cost of food and fuel higher. Then, Bloomberg's chief Wall Street correspondent Sri Natarajan discusses comments by JPMorgan Chase CEO Jamie Dimon on the state of the markets and the global economy. Plus, Etoro CEO Yoni Assia talks his company's development of AI tools to assist with investing. Finally, Siddharth Philip, Bloomberg chief aviation correspon

Bloomberg•1 day ago•1 min read

The King’s Speech is an unusual way to announce government business. Governed by arcane rituals such as the searching of the cellars in Parliament and the capture of a member of the House of Commons to be held as a hostage by the monarchy, the person at the center of it all sits on a gold throne and delivers an agenda he’s had no hand in drafting.

Bloomberg•1 day ago•1 min read

FDA Commissioner Marty Makary resigned, according to President Donald Trump, and Kyle Diamantas will take over the commissioner role in an acting capacity. Rachel Cohrs Zhang reports on "Bloomberg The Close." (Source: Bloomberg)

Bloomberg•1 day ago•1 min read

Beijing appears to have ramped up missile production last year by the most since Xi Jinping became president, according to an analysis that mapped out the sector’s finances for the first time.

Bloomberg•1 day ago•1 min read

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Donald Trump's trip to China. On today's show, Democratic Congressman Greg Stanton, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, BGR Group Principal Lester Munson and Beacon Global Strategies Managing Director Sara Schuman. (Source: Bloomberg)

Bloomberg•1 day ago•1 min read

Most New Yorkers will not have to worry about seeing their property tax rates go up soon. But for a small number of those who own luxury second homes in the city, the prospect is still alive.

Bloomberg•1 day ago•1 min read

South Carolina’s Republican-led Senate rejected pressure from President Donald Trump to redraw the state’s congressional districts, a move that would have targeted one of the most senior Black Democrats on Capitol Hill.

Bloomberg•1 day ago•1 min read

Voters see rising prices with the midterm elections approaching.

Bloomberg•1 day ago•1 min read

A stunning election victory for Narendra Modi’s party shows how he’s consolidating power, even with the economy under pressure.

Bloomberg•1 day ago•1 min read

US President Donald Trump said he would prioritize trade discussions during his summit with Chinese counterpart Xi Jinping, and downplayed the amount of attention they would devote to the Iran war. “We’re going to be talking to President Xi about a lot of things. I would say, more than anything, trade,” Trump told reporters Tuesday at the White House as he departed for the highly anticipated meeting in Beijing. “We have a lot of things to discuss. I wouldn’t say Iran is one of them, to be honest

Bloomberg•1 day ago•1 min read

Marty Makary’s exit as head of the Food and Drug Administration is giving the biotech industry hope for stability after months of turmoil.

Bloomberg•1 day ago•1 min read

Speaker Mike Johnson called suspending the federal gas tax “an intriguing idea” but didn’t commit to a timeline as momentum builds in both chambers to take action.

Bloomberg•1 day ago•1 min read

Donald Trump is expecting economic deals and a “wild” welcome this week in China. In reality, he’ll arrive facing an emboldened Xi Jinping, just as his own hand is constrained by the conflict in Iran. When the US president touches down in Beijing on Wednesday evening for a 36-hour summit, it’ll mark his first overseas trip since waging war in the Middle East. Over talks at the Great Hall of the People and a state dinner, followed by morning tea, the leaders will discuss trade, tariffs and the s

Bloomberg•1 day ago•1 min read

Democratic Representative Greg Stanton joined Balance of Power to discuss the upcoming trip to China and the Iran War. He also said President Trump arrival in the China with the US in a weakened position to seek Beijing's help in pressuring Iran to resolve the war. Trump is expecting economic deals and a “wild” welcome this week in China. In reality, he’ll arrive facing an emboldened Xi Jinping, just as his own hand is constrained by the conflict in Iran. (Source: Bloomberg)

Bloomberg•1 day ago•1 min read

The worst US inflation in years is once again eating away at Americans’ paychecks, as rising gasoline and grocery prices threaten to undermine household spending.

Bloomberg•1 day ago•1 min read

President Donald Trump says he's going to have a great meeting with China's Xi Jinping. “My relationship with President Xi is a fantastic one. We’ve always gotten along and we’re doing very well with China, and working with China has been very good, so we look forward to it,” Trump said as he was leaving the White House for Beijing. (Source: Bloomberg)

Bloomberg•1 day ago•1 min read

US President Donald Trump said he would prioritize trade discussions during his summit with Chinese counterpart Xi Jinping, and downplayed the amount of attention they would devote to the Iran war.

Bloomberg•1 day ago•1 min read

President Donald Trump’s Golden Dome missile-defense shield will cost as much as $1.2 trillion to deploy and operate, six times above current forecasts, according to a new estimate — and would still likely fail to stop an all-out attack.

Bloomberg•1 day ago•1 min read

A federal appeals court has temporarily paused a ruling that declared President Donald Trump’s latest global tariffs unlawful, as the judges weigh the administration’s request to allow officials to keep collecting the levies while the legal fight continues.