Federal Reserve Chairman Kevin Warsh says markets can be a good source of information but not a determinative or perfect source during a news conference following the central bank's decision to leave rates unchanged.
Bloomberg's Ryan Gould joins Dani Burger on "Bloomberg Deals." Jersey Mike's Subs's initial public offering has attracted investor demand for more than 10 times the available shares ahead of pricing on Wednesday, according to people familiar with the matter.
Bloomberg's Allison McNeely joins Dani Burger on "Bloomberg Deals." Koch is exploring a sale of Edged, the data center developer it cofounded to build projects for the biggest hyperscalers, according to people with knowledge of the matter.
Bloomberg's Scarlet Fu joins Dani Burger on "Bloomberg Deals." Larry Ellison and his family would be on the hook for $9.8 billion if Paramount Skydance's deal to buy Warner Bros. Discovery Inc. falls apart.
Bloomberg's Hannah Miller joins Dani Burger on "Bloomberg Deals." A federal judge temporarily paused Paramount Skydance's $110 billion takeover of Warner Bros. Discovery saying it "likely" violates antitrust law.
Arlington, Texas, Mayor Jim Ross discusses the successful run for the World Cup in the Texas city, which hosted the most matches of any venue in the US, Canada and Mexico. He speaks with Bloomberg's Julie Fine.
Federal Reserve Chairman Kevin Warsh says there was much agreement among policymakers when it came to hard questions.
John Bozzella, president and CEO of Alliance for Automotive innovation, said that it is critical to have a trilateral trade agreement between the US, Canada and Mexico as a 'competitiveness platform' to compete with China in the automotive industry. Bozzella also discussed legislation to bar Chinese autos, saying that popular car company Mercedes would have to seek a waiver due to Chinese ownership stake.
Federal Reserve Chairman Kevin Warsh says the fight to bring down inflation has just begun. "Let me reiterate: there is no soft inflation target, there is no soft implicit target, not on this committee's watch," he said during a press conference in Washington. Warsh says "there's only a target, and it's 2%."
Moonshot's Kimi K3 has reignited debate over China's role in the AI race, but Beringea Chief Investment Officer Karen McCormick says the bigger story is the growing availability of cheaper, open-weight AI models. She joins Bloomberg to explain why lower-cost AI is helping startups build faster, forcing frontier model providers to stay competitive, and accelerating AI adoption across industries. She joins Ed Ludlow on "Bloomberg Tech."
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