Refugees, asylum seekers and some other immigrants with legal status will lose Medicaid coverage Oct. 1, leaving few options for those left uninsured and squeezing payments to medical providers that care for them.
Greek Prime Minister Kyriakos Mitsotakis called on the European Union to allow for greater fiscal flexibility in order to help households and businesses cope with rising energy costs.
The number of foreign nationals in Japan working under a government program aimed at stemming staff shortages in certain sectors hit a record high, according to data released by the government on Tuesday.
Ukraine is looking to source tens of thousands of 20mm shells to counter increasingly deadly Russian jet-powered drones, according to people familiar with the matter.
South African lawmakers are likely to pass legislation needed for the transition to the new Zaronia overnight rate before the end of December, the head of the nation’s Standing Committee on Finance said.
Russia extended a ban on most diesel exports through October, further tightening the global market just as demand rises ahead of the Northern Hemisphere winter and the US considers its own restrictions on exports.
Hungary shouldn’t delay the process of joining the euro area’s ERM-2 antechamber if the government’s fiscal plans next month look credible, central bank Deputy Governor Zoltan Kurali said.
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Stocks rose and bonds steadied after a bruising selloff as traders awaited a crucial US inflation reading for clues on the interest-rate outlook. The dollar headed for its best month since June.
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase and Goldman Sachs.
And OpenAI aims to raise at least $30 billion from investors in a new round of funding, after the artificial intelligence startup pushed back its plans for an initial public offering.
Today guests: Sabrina Khanniche, Pictet Asset Management, Senior Economist. (Source: Bloomberg)
India’s opposition parties said they will organize protest marches across the country in October as they step up pressure to remove the top election official over a controversial overhaul of electoral rolls.
Prime Minister Andy Burnham said he could campaign to take Britain back into the European Union at the next general election, reopening the country’s debate on its relationship with the continent a decade on from the Brexit vote.
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to JPMorgan Chase & Co. and Goldman Sachs Group Inc. Shipments of crude oil have rebounded to 98% of pre-war levels, while flows of products such as diesel and gasoline were at 58%, according to JPMorgan. Meanwhile, Goldman Sachs said oil exports from the Persian Gulf had recovered to 23.3 million barrels a day over the last week, in line with the 2025 average. Bloomberg's Stuart Livingstone-Wallace breaks down the situation. (Source: Bloomberg)
Romania’s president plans to nominate a new premier next week and avoid early elections after a second bid to install a government fell through on Wednesday.
China vowed to retaliate if the European Union adopts broad tariffs on Chinese goods modeled on previous US measures, warning that such action could undermine trade negotiations with the bloc.
United Nations Command said that Pyongyang violated the armistice with South Korea after investigators found an active North Korean landmine south of the inter-Korean border, a conclusion that will likely bolster Seoul’s calls for an apology over recent explosions that seriously injured its soldiers.
President Donald Trump endorsed using outside auditors to assess the safety of artificial intelligence systems through an accord with Silicon Valley leaders that seeks to sidestep new government rules in addressing a groundswell of concern over AI risks.
Bloomberg's Michael Shepard discusses the deepening debate over AI safety following an essay by Anthropic CEO Dario Amodei urging slower model rollouts. Shepard explains why President Donald Trump for now is rejecting strict guardrails, pushing instead for industry self-regulation. (Source: Bloomberg)
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Sen. Rand Paul (R-KY) says artificial intelligence will likely require a mix of industry self-regulation and protections for users, but argues Congress is moving too quickly toward new mandates. Florida Democratic Senate nominee and State Representative Angie Nixon says she doesn't agree with every position taken by the Democratic Socialists of America - or by the Democratic Party - as she makes the case for a broader coalition in her race against Republican Sen. Ashley Moody. (Source: Bloomberg)
Anthropic PBC Chief Executive Officer Dario Amodei, Nvidia Corp. CEO Jensen Huang, Meta Platforms Inc. CEO Mark Zuckerberg and Elon Musk talk about working together to make sure AI is safe after meeting with President Donald Trump at the White House. (Source: Bloomberg)
Florida Democratic Senate nominee and State Representative Angie Nixon says she doesn't agree with every position taken by the Democratic Socialists of America - or by the Democratic Party - as she makes the case for a broader coalition in her race against Republican Sen. Ashley Moody. Nixon also calls for guardrails around artificial intelligence, citing concerns about jobs, data privacy, safety and the impact of AI infrastructure on utility costs. She speaks with Joe Mathieu and Kailey Leinz on Bloomberg's "Balance of Power." (Source: Bloomberg)