Bloomberg News and Videos — Page 764

National Economic Council Director Kevin Hassett says productivity gains will help keep core prices under control during an interview on "Bloomberg Surveillance."

US economic growth accelerated in the first quarter, fueled by solid business and consumer demand, as inflation-adjusted gross domestic product increased an annualized 2% at the start of the year. Michael McKee reports on Bloomberg Television.

Cheng Li-wun discusses her hope to meet President Trump following her Beijing visit, aiming to convey Taiwan's commitment to avoiding conflict and securing lasting cross-strait peace

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East. The global benchmark surged as much as 7.1% before paring gains to trade near $122. Warren Patterson, Head of Commodities Strategy at ING Joined Stephen Carroll and Caroline Hepker on Bloomberg Radio To discuss. He says the market is losing confidence in a swift resolution and is increasingly pricing in a prolonged disruption to oil flows through the Strait of Hormuz.

Kevin Brady, a longtime Republican US House member from Texas, discusses the state's economy, corporate headquarters relocations and the current mood in Congress. He speaks with Bloomberg's Julie Fine.

Bank of England Governor Andrew Bailey said inflation is expected to rise to "a little over 3.5% by the end of the year" as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank's decision to keep interest rates on hold with several policymakers saying they might consider future hikes.

Julian Emanuel, chief equity and quantitative strategist at Evercore, examines the role of earnings in supporting the bull market in stocks and offers a timeframe for when higher oil prices will begin to impact equities.

The mayor of Kansas City, Missouri, Quinton Lucas says he's trying to ensure that the upcoming World Cup, which is being jointly hosted by the United States, Mexico and Canada, leaves a lasting legacy. Kansas City is hosting six matches, including a quarter-final, and will also be the base for four teams, including both defending champions Argentina and England. On the political front, Lucas ruled out running for Congress for now, and said the Democrats should focus on "affordability and competent governance" in the next election cycle. He spoke with Bloomberg on the sidelines of the Bloomberg CityLab event in Madrid.

Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Laura Cooper, global investment strategist at Nuveen, says markets are "recalibrating to the risk that we could see persistent energy prices come through." She adds that further pressure is expected in European earnings, as opposed to US earnings, which have surprised expectations. She speaks on Bloomberg Television.