US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market. The widely used fuel climbed to a nationwide average of $5.85 a gallon at the pump on Thursday, according to the American Automobile Association. Ed Hirs, Energy Fellow at the University of Houston, discusses the record diesel prices and energy outlook ahead of the midterms.
Anthropic CEO Dario Amodei talks about the need for oversight when it comes to developing artificial intelligence. He spoke to Bloomberg's Emily Chang on "The Circuit" in June.
Aptera co-CEO Steve Fambro joins Bloomberg Open Interest to explain why the solar EV startup is betting on China to lower costs and accelerate production, despite tariffs and policy uncertainty. He lays out Aptera's self-charging promise, its planned California-first rollout, and why he believes a globally sourced model can succeed where other EV startups have struggled.
Morgan Stanley is cracking down on X users sharing its research, filing copyright complaints against at least 16 posts and temporarily locking a prominent strategist's account. The unusual move is raising fresh questions about fair use, and whether Wall Street's favorite forum for sharing charts, research and market ideas could be forced to change.
US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Claudia Sahm, Chief Economist at New Century Advisors, reacts to the jobs report.
On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk's effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards. - Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain's shares.
White House National Economic Council Director Kevin Hassett reacts to the August US employment report and says the Trump administration respects the independence of the Federal Reserve.
White House Council of Economic Advisors Chair Chris Phelan says the August payrolls report was a "blowout" and the country has a strong labor market. He also talks about inflation, interest rates and energy prices on "Bloomberg Open Interest."
President Donald Trump told the Federal Reserve board to "BE PATRIOTS for a change," in a post on Truth Social Friday. Trump hailed the US August jobs report while reiterating his call for lower interest rates. Michael McKee reports on Bloomberg Television.
Hawthorn Bancshares (NASDAQ:HWBK) completed its merger with FSC Bancshares and the merger of FSC subsidiary Farmers State Bank of Cameron, Missouri, into Hawthorn Bank effective September 3, 2026.
Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says a 25 basis-point rate hike would not be a big issue for risk assets. He speaks on "Bloomberg Surveillance."
Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says the August US employment report is much more about inflation and Federal Reserve monetary policy. He speaks on "Bloomberg Surveillance."
