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Brazil’s Right-Wing Shift Highlights a Bigger Trend

1 week 5 days ago
Brazil’s turn to the right matches the ideological switch across Latin America, Bloomberg Opinion columnist Juan Pablo Spinetto says. A Bolsonaro triumph in the runoff would mark the seventh consecutive win by a right-wing presidential candidate in the region in the past year, proof that beyond the problems facing incumbents, a deeper philosophical shift is afoot. (Source: Bloomberg)

Stocks Get Tech Lift Despite Renewed Bond Losses

1 week 5 days ago
A rally in giant technology companies drove stocks higher, overshadowing concerns about still-elevated oil prices and bond yields. The S&P 500 approached a record as a gauge of megacaps climbed 1.3%. Political upheaval in Europe and fiscal worries sent the euro to its weakest since May 2025, boosting the dollar’s haven appeal. We get reaction from Michael Ball, Bloomberg News Macro Strategist. Realty Income CEO Sumit Roy joins for a look at the state of the real estate market. Astrea London founder Nathalie Morrison & actress Sarah Jessica Parker, Astrea's Global Creative Director discuss their jewelry venture. Bloomberg Supreme Court reporter Greg Stohr previews the high court's upcoming term. All on the latest episode of "Bloomberg Businessweek Daily. (Source: Bloomberg)

Obama Plans Detroit Rally With El-Sayed in Tight Senate Race

1 week 5 days ago
Former President Barack Obama and President Donald Trump both plan to campaign in Michigan during the coming weeks in a showdown to bolster their candidates, especially in the key Senate race between Democrat Abdul El-Sayed and opponent Mike Rogers, just ahead of the Nov. 3 election.
David Welch

Trump Plans Tax-Exempt Diesel Relief

1 week 5 days ago
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the Midterm elections. On today's show, former Acting White House Chief of Staff Mick Mulvaney, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Gulf Oil Chief Energ Advisor Tom Kloza. (Source: Bloomberg)

Probably Not Enough Money to Fix Paxton Campaign, Says Mulvaney

1 week 5 days ago
Mick Mulvaney, former acting chief of staff in the first Trump administration, said Ken Paxton, the Republican contender for the US Senate seat in Texas, is the 'weakest candidate' in this election and that there's 'probably not enough money to fix' him. Mulvaney also weighed in on Paxton's comments to lobbyists blaming the White House for his issues campaigning. Mulvaney said that if Paxton wins it will be due to Donald Trump and that the president is the only person who can get Ken Paxton over the finish line in November. (Source: Bloomberg)

AI Chips Surge, Mega Deals Hit

1 week 5 days ago
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." AI chips are surging as Altman backs Cerebras and Musk fuels a TSMC rally. Two mega deals hit the tape, while Brazil markets jump on a Bolsonaro upset. Plus, Michael J. Wolf breaks down the $110 billion Skydance and Paramount merger, Carley Garner makes the case for a gold bounce, and we track an $845B dollar boom for tech billionaires. (Source: Bloomberg)
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