Bloomberg's Michelle Kaske joins Scarlet Fu on "Bloomberg Deals." New York City's transit network is planning to offer $785 million of debt backed by a levy on sales of luxury real estate.
Bloomberg's Martin Braun joins Scarlet Fu on "Bloomberg Deals." Connecticut transferred about $1.3 billion in excess revenue this latest fiscal year to underfunded state employees' and teachers' pensions, bringing surplus deposits to more than $11 billion over the last seven years, state Treasurer Erick Russell said Tuesday.
Margaret Steinbach, fixed income asset class lead at Capital Group, and Zachary Griffiths, head of US IG & macro strategy at CreditSights, join Scarlet Fu on "Bloomberg Deals."
Bloomberg's Josh Wingrove joins Scarlet Fu on "Bloomberg Deals." Facing waning popularity and depleted enthusiasm, President Trump offered voters a quid pro quo: elect Republicans and get a $5,000 payout. This comes as US public debt recently surpassed $40 trillion for the first time.
Republican Representative from Texas Beth Van Duyne said that decisions around data center construction should be made at the local level and that local governments and constituents should have conversations about the reality of the impact on the ground, but that she does not see it as a federal issue. The Congresswoman also discussed the midterm races in Texas and said that she expects more PAC money to flow into statewide races.
Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum's proposed 2027 budget reduces support for state-owned oil company Petroleos Mexicanos, pledging 81 billion pesos ($4.8 billion) to help cover its debt payments, down nearly 70% from the amount allocated this year.
Mike Contopoulos, head of multi-asset macro investing at Janus Henderson, and Kay Herr, US CIO of US GFICC JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Deals." This week Treasury Secretary Bessent announced that "I am the house now." He was talking about the yen, but he also has said he wants yields to be lower.
Republican Representative from Ohio Jim Jordan stopped short of supporting President Trump's pledge to give all adult Americans $5,000 if the Republicans win the midterm election and said that he would want to 'see the proposal.' The Congressman also discussed his priorities for the midterm election, saying that he is focused on helping Republican candidates across the country win their races, including embattled Ohio congressman Max Miller.
Mike Contopoulos, head of multi-asset macro investing at Janus Henderson, and Kay Herr, US CIO of US GFICC JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Deals." Yields on US government bonds rose to fresh multiyear highs as oil prices extended their surge, prompting traders to add to bets that the Federal Reserve will raise interest rates as soon as next week.
DraftKings Inc. Chief Executive Officer Jason Robins says the company has seen growth across all of its products and says prediction markets present a huge opportunity for the business. He speaks to Bloomberg's Romaine Bostick.
Rahm Emanuel, who served as Ambassador to Japan under President Obama, said that Scott Bessent's rhetoric around the economy and the US backing of the Japanese Yen is 'harder than his action' and 'overshoots' his capacity to deliver. Emanuel also discussed the midterm elections and said that the American people will see through Trump's $5,000 dividend 'gimmick.'
Deepwater Asset Management Managing Partner and co-founder Gene Munster says Apple's foldable iPhone Duo will eventually make up 10% of all iPhone sales. He says the higher price point won't keep customers away. He speaks on "Bloomberg Surveillance."
