S&P 500 & NASDAQ Fall as Oil Jumps | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Every story in this category, newest first.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
President Donald Trump says inflation in the US is only "short term." He spoke before leaving for Beijing on Tuesday. US inflation accelerated in April due to rising gasoline and grocery costs, exceeding wage growth.
Charles Schwab Corp. is planning to use artificial intelligence to extend benefits usually reserved for wealthy clients to the less affluent. CEO Rick Wurster said AI will be a "real accelerant" for the 55-year-old firm. He spoke with Carlyle Group Co-Founder and Co-Chairman David Rubenstein for an upcoming episode of Bloomberg Wealth. This interview was recorded May 1 in New York.
Yoni Assia, eToro CEO join Bloomberg Businessweek Daily on their reccent earnings beat. EToro Group reported adjusted earnings per share for the first quarter that beat the average analyst estimate. He also discusses retail trade sentiment, crypto and how AI is changing the trading landscape.
Democratic Representative Greg Stanton joined Balance of Power to discuss the upcoming trip to China and the Iran War. He also said President Trump arrival in the China with the US in a weakened position to seek Beijing's help in pressuring Iran to resolve the war. Trump is expecting economic deals and a "wild" welcome this week in China. In reality, he'll arrive facing an emboldened Xi Jinping, just as his own hand is constrained by the conflict in Iran.
US derivatives exchange CME Group and index provider Silicon Data are teaming up to create a futures market for computing power. Bloomberg's Katherine Doherty discusses the reasons for the new market and how it will work. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
President Donald Trump says he's going to have a great meeting with China's Xi Jinping. "My relationship with President Xi is a fantastic one. We've always gotten along and we're doing very well with China, and working with China has been very good, so we look forward to it," Trump said as he was leaving the White House for Beijing.
Jess Houlgrave, CEO of WalletConnect, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto."
Jean-Marc Stenger, CEO of Societe Generale-FORGE, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Societe Generale is expanding the reach of its dollar-denominated stablecoin in one of the biggest efforts yet by a major bank to bring digital money to a wider audience.
Sean McHugh, head of market assurance at VARA, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." VARA, Virtual Assets Regulatory Authority, is responsible for regulating, supervising, and overseeing virtual assets and related activities across all commercial zones in the Emirate of Dubai, excluding the Dubai International Financial Centre.
A-Star co-founder and General Partner Bennett Siegel says the firm is able to make outsized returns because of its commitment to writing smaller checks to a limited group of early-stage startups. A-Star raised $450 million, which may be dwarfed by the latest fund from larger competitors, but Siegel says his firm is sticking to its strategy. He speaks to Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
SAP has unveiled its new "Autonomous Enterprise" platform at this year's SAP Sapphire conference, expanding its push into AI agents across business operations. SAP CEO Christian Klein joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
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