Bloomberg News and Videos — Page 115

US President Donald Trump threatened a fresh set of tariffs on products from the European Union in response to the bloc's $1 billion ( 890 million) fine of Alphabet Inc.'s Google. Jeff Mason reports on Bloomberg Television.

Dan Ives Partner and Senior Managing Director at Yorkville Ives & Co joined Bloomberg Intelligence to discuss Intel and preview next week's tech earnings. He said that Intel's becoming the comeback kid and that for the first time in 30 years, the US is ahead of China when it comes tech.

Edward Yardeni, Yardeni Research president, says the Federal Reserve may need to raise rates three times to solve the inflation problem. He speaks on "Bloomberg Money."

Edward Yardeni, Yardeni Research president, says he's still betting on the resilience of the US economy. Right now, Yardeni says he has a case of "FEMO," or fabulous earnings momentum. He speaks on "Bloomberg Money."

New-home sales in the US climbed in June for the first time in three months as heavy builder discounting helped offset high mortgage rates and subdued consumer sentiment. The median sales price also fell 2.7%. Bloomberg's Michael McKee reports.

Economists continue to expect the Federal Reserve's next move will be an interest-rate cut even as financial markets price in higher borrowing costs by the end of the year. Forecasters in a Bloomberg survey see the US central bank cutting its benchmark rate by 25 basis points in the third quarter of 2027. Alex Morris, CIO at F/M Investments, discusses the Fed's path forward amid growing concerns of political influence.

Spiking energy prices, more US tariffs and mushrooming spending on artificial intelligence are reawakening investors' inflation fears. That triple whammy of potentially price-stoking phenomena hitting the global economy all at once has arrived at a sensitive time. Just as central bankers were seeing some relief on the inflation outlook, the situation has swung back again. Erin McLaughlin, Economist at The Conference Board, discusses the latest round of US tariffs and how they are set to impact economic activity and inflation.

Major tech leaders explained the benefits of open weight AI models, in a letter signed by NVIDIA, Meta, Microsoft, Andreessen Horowitz and others. 'Everybody's Business' podcast hosts Max Chafkin and Stacey Vanek Smith, discuss the letter and what it means for the expanding AI market.

On this episode of Stock Movers: - Charter Communications (CHTR) shares are lower in the premarket after the cable company reported second-quarter results that missed expectations on key metrics, including adjusted Ebitda and free cash flow. - American Express (AXP) shares are falling as even as it posted better-than-expected second-quarter profit as its cardholder base continued to spend in the past three months. The company said second-quarter expenses surged 12% as the company spent more on marketing to attract and retain premium cardholders. - Verizon (VZ) is lower, erasing an initial advance that came after the telecom company reported second-quarter results that beat expectations and raised its full-year forecast for adjusted earnings.

Dartmouth College Professor of Economics Douglas Irwin discusses President Donald Trump's plan to extend a 10% tariff baseline that will cover most trading partners. Irwin says the Section 301 tariffs being used have a stronger legal ground than those struck down by the US Supreme Court earlier this year.