Stocks Cut Losses on Hormuz Report, Oil Holds Gains | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Katie Greifeld, Carol Massar and Tim Stenovec.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Katie Greifeld, Carol Massar and Tim Stenovec.
Jessica Rosenworcel, Executive Director of the MIT Media Lab and former Chair of the FCC joins Bloomberg Businessweek Daily to discuss tech and pushing women's health forward, telehealth and convenience of care, why is women's health historically overlooked. As well as her FCC tenure and today's FCC evolution, media landscape.
Treasuries wiped out an early slump as investor focus turned to the risk that surging energy prices will become a drag on economic growth. Yields were lower by about a basis point at midday in New York after erasing increases of six to seven basis points. They had risen along with oil benchmarks after US President Donald Trump took a threatening tone toward Iran in a speech. Bloomberg's Ira Jersey and Robert Tipp, PGIM Fixed Income Managing Director, Chief Investment Strategist, and Head of Global Bonds join Carol Massar and Tim Stenovec to discuss what this sell off means for markets.
US Attorney General Pam Bondi is leaving her post as head of the US Justice Department, with Deputy Attorney General Todd Blanche stepping in to serve as Acting Attorney General.
Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on "Bloomberg Tech."
Tesla posted one of its worst sales quarters in years, missing Wall Street's expectations. Bloomberg's Craig Trudell discusses Tesla's struggles to turn around its core business. He joins Tim Stenovec on "Bloomberg Tech."
Chime is launching new accounts that offer cash-back and benefits as it steps up its challenge to traditional banks. Chime CEO Chris Britt discusses the company's plans and the state of the US consumer with Tim Stenovec on "Bloomberg Tech."
Tina Fordham, founder & geopolitical strategist at Fordham Global Foresight, joins Scarlet Fu on "Bloomberg Markets." She gives her perspective on geopolitics and oil markets as President Trump comes under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets.
The riskiest asset class is converging with one of the safest in a first-of-its-kind financial product: A Bitcoin-backed municipal bond. Bloomberg's Elizabeth Rembert joins Scarlet Fu on "Bloomberg Markets" to discuss.
President Donald Trump said the war in Iran is "very close" to completion, even as he said the US plans to launch fresh attacks on the country within the next two to three weeks. Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran's proxies from destabilizing the region and cut off the country's path to nuclear weapons. Rebecca Grant, vice president for defense programs at the Lexington Institute, joins Balance of Power to discuss and said the positioning of more US military resources off Iran's coast suggests that commanders still have a target list to finish.
Jennifer Johnston, senior vice president and director of research for municipal bonds at Franklin Templeton joins Scarlet Fu on "Bloomberg Markets." The US municipal market's worst month in more than two years has cheapened the debt enough to lure some investors looking to add to their tax-exempt holdings.
Viktor Orbán has spent the last 16 years building one of Europe's most durable political machines. But a sputtering economy and a formidable new challenger are pushing his project to the brink.