Money Roundtable: Hidden Inflation, Social Security
Bloomberg's David Gura and Romaine Bostick join Lisa Mateo and Tom Keene on "Bloomberg Money." They discuss this week's US inflation report, Apple's price hike, and the future of social security.
Bloomberg's David Gura and Romaine Bostick join Lisa Mateo and Tom Keene on "Bloomberg Money." They discuss this week's US inflation report, Apple's price hike, and the future of social security.
John Bolton, a former national security adviser to President Donald Trump who became one of his fiercest critics, appeared in court on Friday to plead guilty to unlawfully retaining national defense information. Robert McWhirter, Constitutional lawyer and a practicing criminal defense and civil rights lawyer in Maricopa County, AZ and Founder of the Law Office of Robert McWhirter, joined to discuss the case as well as the recent decisions from the Supreme Court.
US President Donald Trump accused Iran of violating their ceasefire agreement by firing at cargo ships transiting the Strait of Hormuz, underscoring how unsettled the situation remains in a waterway critical to global energy flows. Rear Admiral Mark Montgomery (Ret.), former-Destroyer Squadron Commander in the United States Navy and Senior Fellow at the Foundation for Defense of Democracies joined Balance of Power to discuss.
Congresswoman Madeleine Dean, a Pennsylvania Democrat and member of House committees on foreign affairs and appropriations joined Balance of Power to discuss the Iran war diplomacy and the administration's budget requests.
Apple announced price hikes across its hardware products, citing unprecedented price gains in memory chips. Missing from that price hike list, for now, is the iPhone. Nabila Popal, Senior Research Director at IDC, joins Ed Ludlow on "Bloomberg Tech."
Fed's Kashkari Says 'Cooled' US Labor Market Not Driving Inflation Federal Reserve Bank of Minneapolis President Neel Kashkari said inflation is being driven by supply dynamics and not the US labor market. He spoke Friday at the Aspen Ideas Festival in Aspen, Colorado.
US President Donald Trump said Iran firing at cargo ships transiting the Strait of Hormuz violated their ceasefire agreement. In a social media post Friday, Trump said "at least four" one-way attack drones targeted ships in the waterway. Tyler Kendall reports on Bloomberg Television.
One of the promises of AI was alleviating the burdens of work, but the workaholic culture in Silicon Valley hasn't disappeared. Bloomberg's Natasha Mascarenhas explains why round-the-clock managing of AI agents and intense competition are driving longer hours and heightened anxiety for tech workers. She joins Ed Ludlow on "Bloomberg Tech"
Can geothermal energy solve the AI energy crunch? I-Pulse Co-Founder, Chairman and CEO Robert Friedland explains how a $250 million US investment will accelerate breakthrough semiconductor technology designed to drill deep into Earth's heat, delivering around-the-clock clean energy. He joins Bloomberg Open Interest to make a case for government-backed industrial policy and why geothermal, and not wind or solar, is the future of America's energy infrastructure.
Boeing Co. secured an order from China Southern Airlines Co. valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia's largest aviation market in the past decade. George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses the deal and what it means for Boeing.
Asian technology stocks slumped after Apple Inc. and Microsoft Corp. raised prices for their products, stoking concern that rising component costs will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade. Bloomberg Tech Host Ed Ludlow discusses the move from Apple to raise prices as well as what's next for OpenAI as they mull a delay for the company's IPO.
Elroy Air is going public at a roughly $1 billion valuation, aiming to replace delivery trucks with long-range cargo drones. CEO Andrew Clare joins Bloomberg Open Interest to explain how the company's heavy-payload aircraft works, why public markets are the right funding path and why defense demand and US supply-chain automation make this the ideal moment to scale.