Bloomberg Politics

Cornell University President Michael Kotlikoff said he was “deeply disturbed” by a student’s 2024 rape allegation that has drawn national outrage.

North Korean leader Kim Jong Un oversaw the launch of an intermediate-range strategic missile using a hypersonic weapons system, state media said, underscoring his intent to further strengthen the country’s nuclear deterrent.

Latvian Prime Minister Andris Kulbergs’s party was on course to win the largest share of votes in an election on Saturday amid growing security threats from Russia, putting him in a strong position ahead of coalition talks to form the next government.

A Venezuelan national wanted by the FBI has been sent to the US to face trial, the latest sign of deepening law-enforcement cooperation between Caracas and the Trump administration.

Thousands of people took to the streets of Madrid on Saturday, joining nationwide protests over housing costs that could increase pressure on Prime Minister Pedro Sánchez to call a snap election.

Bloomberg Economics economic statecraft lead Chris Kennedy tells Bloomberg This Weekend that the G7’s coordinated release of up to 100 million barrels of oil and fuel could provide near-term relief from record diesel prices, but will not resolve supply constraints tied to the Iran war and attacks on Russian refining capacity. Speaking with hosts David Gura and Christina Ruffini, Kennedy says a US diesel export ban could create unintended consequences for domestic and global fuel markets, while high diesel costs are adding economic pressure in states with competitive midterm races (Source: Bloomberg)

Bloomberg senior White House reporter Josh Wingrove tells Bloomberg This Weekend that President Donald Trump’s campaign stops in traditionally Republican states such as Alabama, Oklahoma and Texas reflect competitive races and an effort to bolster GOP support as economic concerns weigh on the party. Speaking with hosts David Gura and Christina Ruffini, Wingrove also discusses Trump’s appearance with Dennis Rodman amid interest in renewed diplomacy with North Korea and an upcoming Alberta vote that could begin a process toward separation from Canada. (Source: Bloomberg)

UK Prime Minister Andy Burnham is facing pressure to speed up his efforts to tackle the UK’s troubled water industry, as the Green Party called for Thames Water to be brought under public ownership immediately.

Russian forces hit a major bridge in Kyiv that connects the left and right banks of the Dnipro River, as well as a logistics center near the capital overnight, in the latest series of drone attacks on Ukraine’s civil infrastructure.

Kyiv’s latest battlefield success has frustrated Vladimir Putin’s hopes of quickly seizing all of Ukraine’s Donetsk Region, a goal for the Russian president since he launched the full-scale invasion nearly five years ago.

Seven months into war with the US, Iran’s leaders are feeling the strain.

As the sugar rush of Andy Burnham’s barnstorming address to the Labour Party’s annual convention wears off, Britain’s unpopular Conservatives are beginning to think he might just have given them a shot at redemption.

President Donald Trump said his administration would soon send checks of “nearly $100” to more than 20 million older Americans to “help pay for their Medicare Part B premiums.”

The US Justice Department urged a federal judge to reject a request by CNN, MS NOW and Politico for a longer court order that would prevent President Donald Trump from banning their journalists from the White House.

President Donald Trump declared at a rally in Alabama that his economic agenda had helped attract investment and jobs in a midterm campaign pitch to a state that has long been staunchly Republican.

North Korea fired a ballistic missile toward its east coast on Saturday, South Korea’s defense ministry said, adding tension to already fraught ties between the neighbors over landmine blasts near the border last month.

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Doug Rediker, Managing Partner at International Capital Strategies and formerly represented the US on the Executive Board of the International Monetary Fund (IMF), says former Fed Chair Jerome Powell’s continued presence on the Board of Governors is a “tempering influence” on current Fed Chair Kevin Warsh. Rep. Greg Landsman (D-OH) says naming a White House AI czar would not provide the level of oversight needed around AI and data centers. Chris Swonger, President and CEO of the Distilled Spirits Council of the United States, says the US represents 93% of the Canadian spirits industry and warns that restrictions on cross-border trade will hurt the hospitality economy on both sides of the border. (Source: Bloomberg)

Chris Swonger, President and CEO of the Distilled Spirits Council of the United States, says the US represents 93% of the Canadian spirits industry and warns that restrictions on cross-border trade will hurt the hospitality economy on both sides of the border. Swonger says the spirits industry has thrived with no trade barriers and zero-to-zero tariffs, and says the sector is also facing pressure from GLP-1 medications, younger consumers drinking less and inflationary challenges. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Rep. Greg Landsman (D-OH) says naming a White House AI czar would not provide the level of oversight needed around AI and data centers. Rep. Landsman says nondisclosure agreements surrounding data-center deals should be banned and says his legislation would require data centers to pay their costs rather than pass them on to individuals. Rep. Landsman says the bill would fine data centers $15 million a day for noncompliance and transfer authority over who pays to the Federal Energy Regulatory Commission. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)