Bloomberg News and Videos — Page 637

SpaceX is negotiating to pay razor-thin fees to Wall Street firms handling its IPO, with banks still likely to rake in about $500 million from the record-setting debut. Sridhar Natarajan reports on Bloomberg Television.

US job openings jumped in April to the highest level in almost two years and layoffs fell. Available positions rose to 7.62 million from 6.89 million in March, according to Bureau of Labor Statistics data. Stuart Paul reports on "Bloomberg Open Interest."

Federal Reserve Bank of Cleveland President Beth Hammack said it's reasonable to keep rates steady for now due to uncertainties around the economic outlook, but "it may soon be appropriate for policy to act to address the growing risks of persistently elevated inflation." Hammack spoke Tuesday at an event in Cleveland.

President Donald Trump said he is tapping Bill Pulte, the head of the Federal Housing Finance Agency, as the acting Director of National Intelligence. Pulte will keep running the FHFA as well. Bloomberg's Tyler Kendall reports.

There's no lack of ambition to do good, says author Mariana Mazzucato, but the system is designed for us to fail. In her new book, The Common Good Economy: A New Compass, she argues for a goal-oriented economy, with targets written into CEOs' contracts. Mazzucato joined 'The Pulse with Francine Lacqua'.

US President Donald Trump said discussions with Iran continue at a rapid pace despite the Islamic Republic's threats to suspend talks because of Israel's attacks in Lebanon. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence has more on the talks and the state of traffic in the Strait of Hormuz.

Daan Struyven, co-head of global commodities research at Goldman Sachs, says the global economy and oil markets may go through an "empirical discovery process" if diesel inventories reach critical levels as he discusses price risks and weakening demand from the closure of the Strait of Hormuz.

Turkey Foreign Minister Hakan Fidan said President Donald Trump is expected to attend the NATO summit in Ankara in July. In a Bloomberg TV exclusive interview, Fidan also commented on his call with Iranian Foreign Minister Araghchi, saying it will be "extremely difficult" for ceasefire talks to continue after Israel's attack on Hezbollah in Lebanon. He spoke to Bloomberg's Haslinda Amin during a visit to Singapore for a series of high-level diplomatic meetings.

US President Donald Trump remains optimistic on reaching an interim peace deal with Iran soon, saying discussions with Iran continue at a rapid pace despite the Islamic Republic threatening to suspend talks because of Israel's escalating attacks in Lebanon. Tyler Kendall reports on Bloomberg Television.

Turkish Foreign Minister Hakan Fidan tells Bloomberg that he expects US President Donald Trump to attend the NATO summit in Ankara next month. "As far as we know he's going to attend," Fidan says during an interview with Haslinda Amin in Singapore. He also discusses the US-Iran war and the prospects for a peace agreement.