Bloomberg News and Videos — Page 823

Federal Reserve Bank of Chicago President Austan Goolsbee said interest-rate cuts may be pushed back by the surge in energy prices due to the Iran War. "The longer this inflation disruption goes, the more likely it is, in my view, that the appropriate rate cutting would be put off," Goolsbee said Tuesday at the Semafor World Economy Summit.

Bloomberg Primer cuts through the complex jargon to reveal the business behind technologies poised to transform global markets.

J&J's CFO Joseph Wolk joined Bloomberg Open Interest to talk about why its newly launched psoriasis pill could become one of its biggest drugs ever, already reaching 1,500 patients in just days. He explains how the company is avoiding risky mega-deals thanks to a strong pipeline, while confidently raising guidance and betting on long-term double-digit growth.

Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg's Michelle Davis reports.

Rolls-Royce's CEO Chris Brownridge reveals how an ultra-limited luxury car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era of luxury where scarcity and storytelling matter just as much as the vehicle itself. Project Nightingale is estimated to cost $3.5 million, and only 100 will be made.

Rolls-Royce's CEO Chris Brownridge reveals how a $5M ultra-limited car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era of luxury where scarcity and storytelling matter just as much as the vehicle itself. This hyper-luxury motorcar is designed for an exclusive group of 100 clients who have been deeply involved in the creation process, ensuring a highly personalized and rare automobile.

A shocking airline mega-merger proposal could reshape global aviation. Bloomberg's Benedikt Kammel joined Bloomberg Open Interest to break down United's bold pitch to merge with American Airlines, why crisis conditions are driving consolidation, and why US travelers pay far more than Europeans for flights.

JP Morgan's earnings look strong, but the real story is beneath the surface says Baird Senior Research Analyst David George. He joined Bloomberg Open Interest to break down why net interest income fears are overblown, why trading gains won't last, and the one macro risk investors should actually watch: rising oil prices and the ripple effect on consumers and corporate margins.

US Treasury Secretary Scott Bessent said, "the world cannot take a China with a trillion-dollar trade surplus," as he spoke Tuesday about the "slow motion buildup of trade imbalances" at an Institute of International Finance event.

European Central Bank President Christine Lagarde says the euro-zone economy has moved away from the central bank's Iran war base case, though not enough to currently warrant leaning toward raising interest rates. She speaks with Bloomberg's Francine Lacqua at the IMF's spring meetings.