Dutta Expects Fed to Hike Rates More Than Once From Here
Neil Dutta of Renaissance Macro Economic Research expects the Federal Reserve to raise interest rates more than once from here. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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Stories Indexed: 340
New US Space Weapon Adds to Arsenal to Counter Russia, China
The revelation by the Air Force this week that the US now has a weapon in space stoked speculation — but few answers — about the weapon’s capability.
Trump’s AI Defense Defies Voter Unease Ahead of Midterms
Bloomberg's Michael Shepard joins Scarlet Fu on "Bloomberg Deals." Senior Trump administration officials met Tuesday with Anthropic’s top Washington executive to discuss AI's safety risks. Anthropic’s IPO preparations came as OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and ...
Fed Chairman Warsh Calls Rate Hike a 'Sober' Decision
"The decision we made today was a sober decision, serious decision, responsible decision, one that we have been preparing for and thinking about in my hundred and ten or twenty days here," Federal Reserve Chairman Kevin Warsh said after the FOMC raised interest rates by a quarter...
Top Trump Aide Wiles Says She’s Cancer Free After Treatment
President Donald Trump’s chief of staff, Susie Wiles, announced she is “cancer free” after undergoing treatment for breast cancer this year.
Fed Removed Dose of Accommodation With Hike, Chairman Warsh Says
“We removed a dose of accommodation,” Federal Reserve Chairman Kevin Warsh says after policymakers raised interest rates by a quarter percentage point. He speaks in Washington. (Source: Bloomberg)
Billionaire Leon Black Referred by US House to DOJ for Contempt
The US House voted to refer billionaire Leon Black to the Justice Department for contempt of Congress for refusing to cooperate with an investigation into sex offender Jeffrey Epstein.
Warsh Faces Markets and Trump
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz preview the Federal Reserve's rate decision. On today's show, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheeh...
Canadians Supportive of Closer Europe Ties as US Tension Brews
Prime Minister Mark Carney’s effort to formalize a deeper relationship with Europe is broadly supported by Canadians, who have grown increasingly disillusioned with the US amid hostility from President Donald Trump.
Why the World Is Watching the Yen
The Japanese yen is trading at levels not seen since the 1980s. It’s good news for tourists but a headache for the economy. Now, US Treasury Secretary Scott Bessent is getting involved. Here’s why. (Source: Bloomberg)
Crypto Sector Not Giving Up on Congress: Blockchain Association
Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote, sending crypto stocks tumbling. The bill would have handed the CFTC the primary authority to regulate the digital assets industry, but failed to advance with a vote of 49-50. B...
Alberta Study Finds Canada Split Would Damage Province’s Economy
Separating from Canada would cause significant economic damage to Alberta from which it would take years to recover, according to a study commissioned by the province’s government.
Scottish Parliament Vows to Set Tighter Rules on Data Centers
Scotland’s parliament agreed to tighten the rules on building new data centers, in a sign of growing opposition to the UK’s artificial intelligence ambitions.
US-Canada Rupture Is a Lesson in Poor Leadership Says Mukunda
Trade talks between the US and Canada broke down at the last minute late last month, resulting in tariffs and an executive order renaming Lake Ontario to Lake America. The breakdown was due to nobody on the American side being able to say who had the authority to make a deal stic...
Iran Blockade Costs Are Draining America’s Global Military Power
As US President Donald Trump tries to force Iran into submission, a naval blockade is proving to be his tool of choice. But the operation is stretching the American military to its limit, exhausting troops and weakening Washington’s position elsewhere in the world, including Asia...
Sweden’s Center-Left Bloc Set to Win Election in SVT Projection
Sweden’s Social Democrat-led bloc are set to win Sunday’s tight general election after days of limbo, state broadcaster SVT projected.
Clarity Act Could Still Pass, Says Circle's Allaire
Circle CEO and Co-Founder Jeremy Allaire says he still believes the Clarity Act could become law even though it failed to pass the US Senate. The bill would mainly let the Commodity Futures Trading Commission regulate the digital assets industry. He speaks on "Bloomberg Open Inte...
Harold Hamm’s Continental Set to Announce Venezuela Oil Deal
Billionaire shale pioneer Harold Hamm’s Continental Resources Inc. is set to announce a deal to invest in Venezuela as the Trump administration pushes US companies to revive the nation’s oil sector, according to a person familiar with the matter.
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