Bloomberg News and Videos — Page 138

The UK's incoming prime minister Andy Burnham tells broadcasters he's laid out a clear plan for what he's going to do for the country from 10 Downing. He spoke with broadcasters in Kent, England. Burnham takes over as prime minister on Monday.

Oil surged on growing fears the US and Iran could return to full war, threatening flows through the Strait of Hormuz.  Global benchmark Brent rose more than 3.5% to trade around $87 and is on track for its biggest weekly advance since April. The commodity surged to intraday highs after Axios reported that the US is sending dozens of refueling planes to Israel, raising expectations of a near-term escalation in the conflict that has roiled enrgy markets in recent months.  Rebecca Babin, Senior Equity Trader and Managing Director at CIBC Private Wealth joins to discuss.

Nouriel Roubini, CEO of Roubini Macro Associates, and Hudson Bay Capital senior economic strategist, talks about how he manages his own personal finances on "Bloomberg Money."

Nouriel Roubini, CEO of Roubini Macro Associates, says even if you raise the retirement age, a large part of the population will be replaced by AI and robots at their jobs in the next 20 or 25 years. He speaks on "Bloomberg Money."

President Donald Trump accused China of interfering with US elections in 2020, threatening to upend ties with the world's second-biggest economy as he focuses on securing a victory in the midterms in November. Speaking in a prime-time address from the White House on Thursday night, Trump said the Chinese government stole 220 million voter files, including names, addresses and other sensitive data in what is "believed to be the largest compromise of election data in history" claims that US intelligence agencies have previously debunked. We get reaction from Stephen Richer, Legal Fellow with Cato Institute's Robert A. Levy Center for Constitutional Studies.

The US and Iran intensified their attacks beyond military targets during a sixth straight day of hostilities, increasing fears of a return to full war with no agreement reached over the Strait of Hormuz. The US hit southern Iran overnight, striking six road bridges, according to Iranian state media. There were separate reports of attacks on the southern town of Bushehr, which houses the country's only nuclear power plant, and the western province of Lorestan. The tower in Chabahar port was destroyed on Friday, the US Central Command confirmed in a post on X. For more, we spoke with Ilan Goldenberg, SVP & Chief Policy Officer at J Street. He says the US has no good options when it comes to ending the war with Iran.

Globally, soccer is unmatched, but here in the United States, soccer trails behind the NFL, NBA, MLB and even NHL. Can the World Cup give the sport a boost? Randall Williams has more on the outlook for soccer and why so many star players leave the country in this episode of Sports City.

Mark Wilf, Owner of Orlando City SC, Orlando Pride and the Minnesota Vikings, discusses the impact of the World Cup in relation to the growth of MLS in the United States. He says that the world has taken notice of the enthusiasm of soccer fans in the United States, and the future business opportunities for MLS are exciting. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Mark Wilf, Owner of Orlando SC and the Minnesota Vikings, discusses the impact of the World Cup in relation to the growth of MLS in the United States. He says that the world has taken notice of the enthusiasm of soccer fans in the United States, and the future business opportunities for MLS are exciting. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Apple and the US Justice Department are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws. Mark Gurman reports on "Balance of Power."