Bloomberg News and Videos — Page 916

Mexico's Finance Minister Edgar Amador joins Bloomberg Open Interest to break down how rising oil prices are impacting the economy. Despite global energy volatility, Mexico sees a largely balanced fiscal effect, for now. He also weighs in on the peso's performance, infrastructure investment, and confidence in US and Mexico trade relations.

Patrice Caine, the Chairman and CEO of Thales Group, one of Europe's biggest defense contractors joins Bloomberg Open Interest to break down how the Iran war is reshaping global military demand. From surging orders in the Middle East to missile shortages and the urgent need for cheaper, scalable weapons, the conversation highlights a major shift in modern warfare and why Europe is now racing to rebuild its defenses after decades of underinvestment.

Citi Wealth Chief Investment Officer Kate Moore discusses the recent market pricing that reflects a 50% chance of a Federal Reserve rate hike by October. Speaking on "Bloomberg Open Interest," Moore notes that Citi's consistent view over the past six months has been that the market was too optimistic about multiple rate cuts in 2026. However, recent shifts have swung expectations too far toward a potential rate increase rather than a cut.

Seaport Chief Equity Strategist Jonathan Golub says global markets are taking volatility in stride. He says if markets were panicking, stocks would be lower. He speaks on "Bloomberg Surveillance."

Schwab Asset Management CEO and CIO Omar Aguilar talks about how clients are positioning themselves as war risks linger. He says risk aversion has been "increasing dramatically" for the last few weeks. He speaks on "Bloomberg Surveillance."

FedEx does not expect the war in the Middle East to have a direct material effect on its business but warned of broader consequences to the overall economy. The parcel giant is raising its full-year profit forecast. Bloomberg Intelligence senior analyst Lee Klaskow joins Bloomberg Open Interest to talk about the results.

Michael Darda of Roth Capital says the bond markets have priced out any Fed easing that was expected a few months ago. He speaks on "Bloomberg Surveillance."

Bloomberg's Caroline Hyde discusses the recent indictments against the co-founder of Super Micro Computer, a Taiwan-based executive, and a contractor, accused of conspiring to illegally divert servers containing Nvidia chips to China.

In this video, a Supreme Court advocate tests generative AI on his own case, sparking debate over whether the technology can truly aid legal advocacy or merely sound convincing. Produced by Paul Detrick Senior Producer: Andrew Satter Executive Producer: Josh Block

This is the year AI has come for tax prep. Interviews with tax professionals suggest that artificial intelligence has finally improved to the point where it at least seems capable of navigating the US tax system as leading developers release more features for financial services. Bloomberg's Charlie Wells reports.