Bloomberg Politics

Tourists to London’s Oxford and Bond Streets are used to parting with their cash, but they could soon find themselves embroiled in a more complex financial transaction.

The Hungarian government has no plans to send military equipment to Ukraine, according to the deputy foreign minister, sticking with the policy adopted by the previous nationalist leader Viktor Orban.

Almost two-thirds of Swiss voters want to ditch a deal to buy F-35 fighter jets, after a parliamentary report last month said that claims the contract had a fixed price weren’t true.

The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, according to a US official, a move that gives American commanders more options if President Donald Trump chooses to escalate attacks on Iran. (Source: Bloomberg)

New York Governor Kathy Hochul said a Cornell University student was “denied justice” in an alleged rape at a fraternity house, stepping up the state’s involvement as scrutiny grows over how the school and local prosecutors handled the case.

New Zealand data-center developers will need to provide their own electricity generation to prevent new projects straining the power system and driving up prices, under a policy announced by the center-right National Party.

President Donald Trump predicted that Democrats would impeach him for a third time if they retake control of Congress, seeking to boost voter enthusiasm for Republican candidates amid broad public dissatisfaction with his leadership.

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Dan Brouillette, Former Secretary of Energy during the first Trump administration and Co-chair of the Torridon Group, says a US diesel export ban would be a “bad idea” because it could eventually force refiners to cut production and raise gasoline prices. Bale Dalton, US Navy Reserve Captain, Democratic Nominee for Florida's 7th Congressional and former NASA Chief of Staff, says the war with Iran has become a “forever war” with no strategic value or defined end state. Travis Hill, FDIC chairman, says the agency is not ruling out risks from AI tools that could allow customers to move deposits more quickly in search of higher returns, though he says such a scenario would require a significant shift in how customers delegate financial decisions. (Source: Bloomberg)

President Luiz Inácio Lula da Silva and right-wing challenger Flávio Bolsonaro remain in a tight race days before Brazil heads to the polls, according to a new survey.

Bloomberg's Mario Parker joins for the Debrief to discuss President Donald Trump’s red-state campaign push, concerns among Republicans about his role on the trail and the party’s difficult midterm environment. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

The Pentagon may send a third aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, within striking distance of Iran. The USS Theodore Roosevelt has left San Diego, but we don't know its final destination. Kate Sullivan reports from the White House on "Balance of Power." (Source: Bloomberg)

Bale Dalton, a Democratic congressional candidate from Florida, says sending the USS Theodore Roosevelt toward the Middle East, will only deepen the conflict with Iran. He speaks on "Balance of Power." (Source: Bloomberg)

Travis Hill, FDIC chairman, says the agency is not ruling out risks from AI tools that could allow customers to move deposits more quickly in search of higher returns, though he says such a scenario would require a significant shift in how customers delegate financial decisions. Hill also says there is a “strong case” for expanding deposit insurance coverage, either by raising the current limit or creating a category of accounts with higher coverage. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Bale Dalton, US Navy Reserve Captain, Democratic Nominee for Florida's 7th Congressional and former NASA Chief of Staff, says the war with Iran has become a “forever war” with no strategic value or defined end state. Dalton says deploying a third aircraft carrier strike group to the Middle East puts more US service members in harm’s way and argues the conflict is making the country more vulnerable. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Dan Brouillette, Former Secretary of Energy during the first Trump administration and Co-chair of the Torridon Group, says a US diesel export ban would be a “bad idea” because it could eventually force refiners to cut production and raise gasoline prices. Brouillette says reopening the Strait of Hormuz is the most important near-term step to bringing fuel prices down and argues markets need confidence that it will remain open. Brouillette thinks constrained US refining capacity is contributing to diesel scarcity and remains a longer-term infrastructure problem. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Basketball star Dennis Rodman joined Donald Trump during an event in Texas on Thursday as the US president angles for another meeting with the North Korean leader, Kim Jong Un.

Little drama seen in final report before midterm elections

Bloomberg Screentime gathers the moguls, celebrities and entrepreneurs defining the next phase of pop culture. Amidst a wave of consolidation, industry experts discuss and debate the future of entertainment studios, live sports, podcasting, music, and the impact of AI on the creative industries. Hosts Carol Massar and Tim Stenovec speak to the industry leaders navigating the transformation from Hollywood. All on the latest episode of "Bloomberg Businessweek Daily." (Source: Bloomberg)

President Donald Trump’s top trade adviser said there’s no timeline for cutting tariffs on the $60 billion of goods recently recommended by the US-China Board of Trade.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Bloomberg Screentime gathers the moguls, celebrities and entrepreneurs defining the next phase of pop culture. Amidst a wave of consolidation, industry experts discuss and debate the future of entertainment studios, live sports, podcasting, music, and the impact of AI on the creative industries. Hosts Carol Massar and Tim Stenovec speak to the industry leaders navigating the transformation from Hollywood. On today's episode: Ed Ludlow, Host of 'Bloomberg Tech' Darren Walker, CEO at Anonymous Content Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech Aleen Dreksler, Founder & CEO at Betches Media (Source: Bloomberg)