President Donald Trump threatened new trade retaliation against South Korea if it doesn’t follow through with an investment in a liquefied natural gas project in Alaska.
White House Council of Economic Advisers Chairman Chris Phelan says that inflation is coming down sufficiently fast. Speaking on "Bloomberg The Close," Phelan also adds that he doesn't think the Federal Reserve's last interest rate hike was justified. (Source: Bloomberg)
A slowdown in the US jobs market drove stocks higher on speculation the Federal Reserve won’t be forced to lift rates any time soon. The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs. We get reaction from Bloomberg's Mike McKee & Kathy Bostjancic, Senior Vice President & Chief Economist at Nationwide. Network Solutions Group CFO Jennifer Buchanon joins Bloomberg's Nina Trentmann for our CFO Briefing. Plus - Illinois Governor JB Pritzker is signaling that he still sees hope his state will head off the Chicago Bears’ plan to move to Indiana. Vanessa Perdomo-Maglione, Bloomberg Sports Business Reporter, joins for a closer look. All on the latest episode of "Bloomberg Businessweek Daily."
(Source: Bloomberg)
The US Justice Department isn’t reopening a criminal investigation into former Federal Reserve Chairman Jerome Powell for cost overruns related to the central bank’s building renovation project. During an interview with Bloomberg's Myles Miller, Attorney General Todd Blanche says the department didn’t rule out continuing to look into the project’s oversight and potentially take action if evidence of wrongdoing came to light. (Source: Bloomberg)
Bloomberg's Sarah Foster joins Scarlet Fu an Tom Keene on "Bloomberg Money." Heading into the November midterm elections, frustration over affordability issues has largely focused on rising fuel, food and housing costs. But for millions of Americans, those expenses are piling on top of another threat to their household budgets: surging student loan bills.
(Source: Bloomberg)
The UK’s Crown Prosecution Service has decided to prosecute a 28-year-old man for preparing acts of terrorism, including against Reform UK leader Nigel Farage, according to a statement.
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest US economic data. On today's show, Groundwork Collaborative Senior Fellow Kitty Richards, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Elias Law Group Litigation Chair Elisabeth Frost. (Source: Bloomberg)
The US Justice Department isn’t reopening a criminal investigation into former Federal Reserve Chair Jerome Powell for cost overruns related to the central bank’s building renovation project.
Premier Giorgia Meloni’s budget is aiming to finally get Italy’s deficit below the European Union’s limit this year, helped by faster-than-expected growth.
President Donald Trump is expected to name US Director of National Intelligence Jay Clayton as his next artificial intelligence czar, according to people familiar with the matter, tasking him with spurring the technology’s development even as it faces backlash over safety risks.
Florida Democrat Angie Nixon is getting help for her US Senate bid from progressives like Bernie Sanders, as the party establishment mostly shies away from investing in a state that for years has been dominated by Republicans.
European Union policymakers are growing increasingly concerned about government demands for budget leniency as the bond market tumbles, according to an EU official.
National Economic Council Director Kevin Hassett says it's unusual that Jerome Powell is still a member of the Federal Reserve Board of Governors after being replaced as chairman. When asked if Powell should leave, Hassett says it's up to him. (Source: Bloomberg)
The Kennedy Center Honors program will take place at the Capital One Arena in Washington in December, a spokesperson for the center said, announcing a new location for the awards show while its main building is closed.
President Donald Trump said he’s concerned about Republican nominee Michael Whatley’s prospects in the North Carolina Senate race, the latest sign of trouble following a top super political action committee’s decision to stop funding advertisements on his behalf.
Britain’s mayors will be given a 20% share in any revenue growth from local business taxes to spend on their policies, under a proposal by Prime Minister Andy Burnham’s government.
Mexico plans to have a decree ready next week requiring social media platforms to detect, report and swiftly remove content that promotes violence, abuse or harassment, following a series of attacks at schools across the country.
White House National Economic Council Director Kevin Hassett says the US jobs report for September came in as expected. He says holiday consumer spending will be strong. Hassett also says Jerome Powell has to decide if he's going to stay on the Fed Board of Governors. Hassett speaks on "Bloomberg Open Interest." (Source: Bloomberg)