On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss . On today's show, Bloomberg Washington Correspondent Tyler Kendall, Bloomberg Opinion Columnist Gautam Mukunda, Bloomberg Capitol Influence Deputy Team Lead Mike Dorning and Bloomberg Senior Editor Eric Weiner. (Source: Bloomberg)
Republican lawmakers are considering a plan to deny a newly elected Democratic congressional majority a powerful piece of leverage over President Donald Trump’s administration by using the current Congress’s last few weeks in office to quickly raise the US debt limit.
Microsoft Corp.'s shares jumped 37.5% from July through September, their best quarterly showing since 1998, adding $1 trillion to the company's market capitalization. The company's earnings in late July showed the fastest cloud growth in four years from strong AI demand, easing concerns about whether Microsoft's heavy AI investments would lead to better growth. There are 72 analysts tracked by Bloomberg who follow the company, and only three don't have buy ratings, with the average price target suggesting the shares will rise about 11% in the coming 12 months. Bloomberg's Ryan Vlastelica joins to discuss. (Source: Bloomberg)
The Trump administration’s decision to revoke the visa of a Peruvian judge who sided with a Chinese company in a port dispute puts a new spotlight on the growing US-China rivalry in Latin America.
UK Defense Secretary Wes Streeting said Iran was likely responsible for the thwarted attempt to attack an airbase used by the US, after police said on Thursday they’d arrested an British-Iranian dual national.
President Vladimir Putin said Moscow would consider using “all weapons at our country’s disposal” in the event of a direct attack on Russia, including Kaliningrad, reiterating warnings from his Foreign Ministry and embassies this week.
Chancellor Friedrich Merz said the far-right Alternative for Germany is backed by Russia, stepping up his rhetoric against the ascendant opposition party that won two regional elections last month and leads in all major national polls.
The European Union has rejected for now Ukraine’s entreaties to speed up loan payouts to cover an unexpected shortfall in military financing for this year, according to people familiar with the matter.
Jorge Valero, Andrea Palasciano and Alberto Nardelli
The watchdog for the nation’s top housing regulator says it will be forced to cut up to 80% of its staff and end most criminal probes as a result of dramatic budget cuts announced late Wednesday by Federal Housing Finance Agency Director Bill Pulte.
Jack Devine, Founder of The Arkin Group and former CIA National Clandestine Service Acting Director, discusses the war in Ukraine, presidential influence over the US State Department, and the impact of AI in government intelligence gathering. (Source: Bloomberg)
Turkey and the United Nations have set up fresh talks in Russia and Ukraine to discuss a Black Sea ceasefire, trying to coalesce scattered efforts to protect grain shipments as global food prices surge.
Europe must be ready for a world where Russia is regularly committing sabotage, arson and other hybrid attacks on its soil, NATO Secretary General Mark Rutte warned.
Andrea Palasciano, Arne Delfs and Patrick Van Oosterom
US Trade Representative Jamieson Greer says Europe should be releasing some of their diesel fuel reserves to help bring down prices. He also says gaps remain with Canada when it comes to trying to reach a trade deal. He speaks on "Bloomberg Surveillance" from Milwaukee where G20 talks are being held. (Source: Bloomberg)
President Donald Trump expressed frustration with his Supreme Court picks, complaining about votes against his policies and lamenting what he said was a lack of loyalty.
President Donald Trump said he would consider giving preemptive pardons to members of his administration before leaving office, offering them wide-raging protection from prosecution.
The FlyDubai pilot who tried to crash the Boeing Co. 737 carrying 174 passengers mainly from Israel was Omani, according to Israeli Prime Minister Benjamin Netanyahu, raising questions how he gained permission to fly despite a strict security screening process.
Alisa Odenheimer, Paul Wallace and Kateryna Kadabashy
Donald Trump is embarking on a travel blitz aimed at shoring up struggling Republicans in states he won two years ago, as the president’s mood darkens about his party’s prospects in the November midterm elections.
Belgium’s five government parties are negotiating “in good faith” to reach a budget agreement, Deputy Prime Minister David Clarinval has said, as the country races to reach a deal before a mid-October deadline.
Options traders seem unperturbed by the US midterm elections, creating a potentially precarious setup for a stock market already dealing with a rout in bonds and uncertainty about the Federal Reserve’s interest-rate path.
