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PGIM Fixed Income Executive Portfolio Advisor Michael Collins says this April jobs report locks in a stalemate at the Federal Reserve and means they are on hold for now. He speaks on "Bloomberg Surveillance."

US employers added 115,000 jobs in April, marking the first back-to-back advance in nearly a year, and the unemployment rate remained unchanged at 4.3%. Bloomberg's Michael McKee has our first read on the report.

The US and Iran clashed overnight near the Strait of Hormuz and the Iranian army seized an oil tanker carrying a cargo of the Islamic Republic's oil. Iran's Ministry of Foreign Affairs released a statement Friday saying US action is accompanied by contradictory statements and misleading propaganda by senior officials. Tyler Kendall reports on Bloomberg Television.

US President Donald Trump's 10% global tariffs were declared unlawful by a federal trade court just months after the US Supreme Court vacated earlier levies he'd imposed. Brendan Murray has the details on Bloomberg Television.

SoftBank is scaling back plans for a $10 billion margin loan backed by its OpenAI stake after creditors voiced some hesitation. Matthew Bloxham of Bloomberg Intelligence has more.

Christian Mueller-Glissmann, managing director for portfolio strategy and asset allocation at Goldman Sachs, discusses risk appetite amid US efforts to end the war in Iran. "A lot of the clients we speak to do very little in terms of taking a view on that conflict," Mueller-Glissmann tells Bloomberg Television. "They rather try to do tweaks and twists to the portfolio and focus on diversification."

Early results in the local elections showed Nigel Farage's populist Reform UK racking up sweeping gains over Prime Minister Keir Starmer's Labour. The results reaffirm a splintering of British politics that's seen the insurgent Reform and Green parties make up ground on the right and left. Bloomberg's Alex Morgan reports from London.

Roozbeh Charli, chief executive officer of Swedish firm Einride, discusses how platform-driven logistics, electric trucks, and autonomous systems are transforming global freight, and why humans still play a critical role. He speaks to Bloomberg's Tom Mackenzie.

Srikanth Thirumalai, VP of Onboard Software at Waymo, explains, to Bloomberg's Tom Mackenize, the company's full-stack-approach-drive simulator, and safety-critique and how it stacks up against its competitors.

Why own a car when you can summon one on demand? Vay's CEO outlines a vision beyond ride-hailing targeting a market up to 10x bigger by eliminating the need for private cars altogether.

Roozbeh Charli, CEO of Einride speaks to Bloomberg's Tom Mackenzie on how platform-driven logistics, electric trucks, and autonomous systems are transforming global freight - and why humans will continue to play a critical role.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."