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Polls Open Tuesday as Six States Vote on "Mini" Super Tuesday

The Republican-led Congress, faced with deepening economic discontent exacerbated by President Donald Trump's Iran war, is struggling to find consensus on any plan to address the cost of living with less than six months before midterm elections. Frustration is building among vulnerable GOP lawmakers and moderates who say the party is wasting valuable time on issues that aren't resonating with Americans while ignoring the concerns about prices and inflation dominating the campaign trail. Bloomberg's Balance of Power's Kailey Leinz and Joe Mathieu hit the road to preview elections in Georgia.

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Bloomberg

NVIDIA Earnings Anticipated Amid Supply Constraints and China Uncertainty

US President Donald Trump said he discussed guardrails on artificial intelligence with Chinese leader Xi Jinping, while adding that Nvidia Corp.'s H200 chips also came up during a two-day summit in Beijing. Meanwhile, investors will eagerly be awaiting earnings results from chip giant Nvidia, the world's largest company by market capitalization, for signs of how much momentum the artificial intelligence rally has left in it after a bout of jitters. Bloomberg Tech co-host Ed Ludlow joined Christina Ruffini and David Gura this morning on Bloomberg This Weekend to discuss.

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Bloomberg

Can New York City Tax the Rich Without Driving Them Away?

New York City's effort to close a multibillion-dollar budget gap has triggered a high-profile clash between Mayor Zohran Mamdani and Wall Street leaders, including Citadel founder Ken Griffin. Mamdani's proposed "pied-à-terre" tax on luxury second homes has become a flashpoint in a broader debate over whether the city should raise more revenue from wealthy residents or focus on restraining spending growth. Wall Street veteran Whitney Tilson, Partnership for New York City CEO Steve Fulop, and real estate executive Ruth Colp-Haber all warn that messaging matters when competing for businesses and high earners, even as supporters argue the existing property tax system places much of the burden on middle-class property owners and commercial real estate owners. The dispute highlights a larger challenge facing New York: balancing its books while remaining attractive to workers, investors, and employers.

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Bloomberg

National Gas Prices Near Record High

For decades coincidentally, at least since the Iranian Revolution and hostage crisis of 1979-80 the price at the pump has been a crucial lens through which Americans judge a president's success or failure. In this conflict, the impact on gasoline prices matters more to individual Americans than the broader military campaign, the removal of Iran's enriched uranium, or sending in ground troops. Bloomberg News Senior US Oil Reporter Kevin Crowley tells Christina Ruffini and David Gura this morning on Bloomberg This Weekend, it's not going well.

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Bloomberg

Trump Ethics Filings Reveal Unusually High Tech Stock Trades

President Donald Trump's latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration. Bloomberg News Senior Equities Reporter Jess Menton joined joined Christina Ruffini and David Gura this morning on Bloomberg This Weekend to discuss.

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Bloomberg

China's Energy Boom Could Give It the AI Edge

As the United States and China compete for dominance in artificial intelligence, energy is emerging as a critical battleground. Former Treasury Secretary Hank Paulson warns that while the US still leads in AI technology, electricity shortages could become a major constraint as data center demand surges. Former US Ambassador to China Nicholas Burns says China's enormous investments in transmission, renewables, batteries, and power generation are already reshaping global supply chains, while Hoover Institution senior fellow Elizabeth Economy argues Beijing's clean-energy strategy is as much about economic and geopolitical power as climate policy. Together, their assessments point to a growing reality: the AI race may depend not just on chips and software, but on generating enough power to sustain the technology.

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