Brookings President Cecilia Rouse discusses the human impact of the Fed’s decision, emphasizing that monetary policy affects paychecks, hiring, borrowing costs, and retirement planning—not just basis points and forecasts. She says the Fed is trying to restore price stability whil...
ExxonMobil Holdings Corp. held talks this week with Venezuela’s government about re-entering the country as the Texas oil giant explores whether to follow US rivals back into the home of the world’s largest reserves.
President Donald Trump demanded an interest-rate cut after the Federal Reserve raised rates by a quarter percentage point, defying his repeated calls for lower borrowing costs.
Money may talk, but the discontents of voters ring loud
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh after the Federal Reserve raised rates for the first time since 2023. The FOMC voted unanimously to raise rates by 25 basis points and the dot plot showed many Fed officials signa...
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)
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.
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 ...
"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...
President Donald Trump’s chief of staff, Susie Wiles, announced she is “cancer free” after undergoing treatment for breast cancer this year.
“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)
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.
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...
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.
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)
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...
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.
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.