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

7 hours 45 minutes 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

7 hours 52 minutes 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

8 hours 32 minutes 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

10 hours 26 minutes 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)

Bolsonaro Pushes Lula to Brink of Defeat Ahead of Runoff

11 hours 46 minutes ago
Brazil's presidential election is headed to a runoff after a weekend of voting didn't result in either candidate achieving the necessary majority. Beatriz Reis explains what's at stake for Flávio Bolsonaro, Luiz Inácio Lula da Silva and the country (Source: Bloomberg)

Brazil Real Surges After Bolsonaro Takes Surprising Lead

13 hours 3 minutes ago
Flávio Bolsonaro took a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the favorite to win the runoff which is to be held October 25. Brazil's real surged against the dollar in Sao Paulo Monday morning. Bloomberg's Travis Waldron reports from Brazil. (Source: Bloomberg)

Euro Weakens to 17-Month Low; Bolsonaro Takes Lead Over Lula in Brazil Election

14 hours 57 minutes ago
Global equities waver as political upheaval sends the euro to a 17-month low. Spanish Prime Minister Pedro Sánchez calls an early election amid mounting social protests over housing. Flávio Bolsonaro takes a surprise lead over President Luiz Inácio Lula da Silva in the first round of Brazil's presidential election. Yemen's government launches a full-scale military campaign to recapture Houthi-held territory. Elsa Lignos of RBC Capital Markets joins "Bloomberg Brief" to discuss Europe’s public finances weighing on risk sentiment. Nicol Turner Lee of the Brookings Institution discusses how data centers are shaping the midterm elections. (Source: Bloomberg)
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