President Donald Trump defended his immigration policies during a visit to Texas on Wednesday as he sought to boost struggling GOP Senate candidate Ken Paxton ahead of November’s midterm elections.
New York Attorney General Letitia James has added new allegations to a child safety lawsuit against TikTok Inc., accusing the platform of running secret experiments on teen users.
US Senator Thom Tillis, a North Carolina Republican, says voting to confirm Pete Hegseth as the Secretary of Defense is one of his biggest regrets. He says Hegseth is performing poorly as an executive. Tillis speaks on "Balance of Power." (Source: Bloomberg)
"Balance of Power" focuses on the intersection of politics and global business. On today's show, US Senator Thom Tillis, a North Carolina Republican, discusses the outlook for the Republican Party in the 2026 midterm elections. US Senator Chris Coons, a Delaware Democrat, explains why he thinks the US should reexamine its relationship with Israel. Brett McGurk, former deputy assistant for national security affairs for the Middle East and North Africa and author of Brink: Inside the Race to Free the October 7th Hostages, says there can be no “political horizon or future” as long as Hamas maintains its claim to power in Gaza. (Source: Bloomberg)
Green Party Leader Zack Polanski faces an uphill battle in his attempt to win a north London seat in the UK’s House of Commons on Thursday, as new Prime Minister Andy Burnham breathes fresh life into the governing Labour Party.
An unpopular Republican Senate candidate in Texas created an opening for a Democratic challenger — and now Trump is playing “red line defense. (Source: Bloomberg)
China managed to get a hold of parts from an F-35 stealth fighter jet after a UPS employee missed an email warning not to route the shipment through Hong Kong. Wendy Benjaminson reports. (Source: Bloomberg)
Brett McGurk, former deputy assistant for national security affairs for the Middle East and North Africa and author of Brink: Inside the Race to Free the October 7th Hostages, says there can be no “political horizon or future” as long as Hamas maintains its claim to power in Gaza, while Israel’s narrow right-wing coalition leaves the government with little room to maneuver. McGurk also recounts the difficult hostage negotiations, rejects claims that Hamas was prepared to quickly release the captives after the attack and discusses the regional diplomacy underway with Saudi Arabia and the Palestinian Authority before October 7. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)
US Senator Chris Coons, a Delaware Democrat, explains why he thinks the US should reexamine its relationship with Israel. Speaking on "Balance of Power: Evening Edition," Senator Coons also weighs in on the Iran conflict. (Source: Bloomberg)
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
A record-breaking run in stocks hit a wall as still-elevated oil prices stoked concerns that potential inflationary pressures could trigger Federal Reserve interest-rate hikes. Those worries sent the S&P 500 down from an all-time high. Brent crude fluctuated around $100 as traders weighed a pickup in Iranian attacks on vessels in the Strait of Hormuz against resilient Middle East flows. Ten-year Treasuries bounced from session lows after a solid $39 billion sale, but yields remained near the highest since 2002.
On today's episode:
Jeff Rosenberg, Managing Director & Portfolio Manager, Systematic Multi-Strategy Fund at BlackRock
Jennifer Welch, Senior Geoeconomics Analyst for Bloomberg Economics
Ed Ludlow, Host of Bloomberg Tech
Dr. Amesh Adalja, Senior Scholar at Johns Hopkins Center for Health Security (Source: Bloomberg)
Jay Clayton, the US director of national intelligence and newly named leader of President Donald Trump’s so-called Super Intelligence Force, is starting off his latest role with a trip to Silicon Valley for meetings with some of the AI industry’s most powerful executives.
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Glenmede Chief of Investment Strategy and Research Jason Pride, Nuveen Head of Fixed Income Tony Rodriguez, Citi Senior Equity Research Analyst Ari Rosa, QTS Co-CEO Tag Greason, Raymond James Global Head, Private Capital Advisory Sunaina Haldea, Needham Senior Research Analyst John Todaro, Genesys Chairman & CEO Tony Bates, JLL Hotels & Hospitality, Americas CEO Kevin Davis, & HGTV Host & Author Tarek El Moussa. (Source: Bloomberg)
US Senator Thom Tillis, a North Carolina Republican, discusses the outlook for the Republican Party in the 2026 midterm elections. Speaking on "Balance of Power: Evening Edition," Senator Tillis says Republican candidates shouldn't be afraid to separate from President Donald Trump on certain issues and admits he regrets his support for Defense Secretary Pete Hegseth. (Source: Bloomberg)
All 19 Federal Reserve officials backed the decision in September to raise interest rates, with many supporting the move to guard against the risk of intensifying inflation pressures. Bloomberg's Mike McKee reports from Washington. Yemeni armed forces say they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis. Jennifer Welch of Bloomberg Economics examines what it means for the state of conflict in the Middle East at large. Lumen CEO Kate Johnson discusses the impact of AI on the telecom sector. Plus - Apple's upcoming push into smart home devices will include a doorbell, thermostat and other accessories developed through an unusual partnership with LG Electronics. Bloomberg's Mark Gurman joins to discuss. All on the latest episode of Bloomberg Businessweek Daily.
(Source: Bloomberg)
President Donald Trump is set to award billionaire Elon Musk and other tech titans with medals celebrating science and technological innovation at a summit on Thursday, underscoring the close ties between his administration and Silicon Valley.
President Donald Trump is seeking approval from local officials in Florida to designate his West Palm Beach golf course into a permanently-designated presidential retreat that would host summits, world leaders and current and former occupants of the White House.
The Democratic National Committee filed a lawsuit accusing the Trump administration of unlawfully using government money to pay for advertisements lauding the president that have been airing across the US in recent weeks.
Aboard the USS Abraham Lincoln, Defense Secretary Pete Hegseth greeted the crew with an admission: He was the one who approved prolonging the aircraft carrier’s unusually long deployment in the Middle East amid the US war with Iran.
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest news. On today's show, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Maven Advocacy Co-Founding Partner Jeff Burton, Israeli Ambassador to the United Nations Danny Danon and Cook Political Report Editor Jessica Taylor. (Source: Bloomberg)
