In an address to the United Nations General Assembly, President Donald Trump said he has a big decision to make on Iran - either make a deal to end the war, or does he annihilate the Islamic Republic. Trump does say he thinks a deal will be made after the midterm election.
Federal Reserve Bank of New York President John Williams says the shift to central clearing for US Treasuries and Treasury-collateralized repurchase agreements is ahead of schedule.
Goldman Sachs Chief US Equity Strategist Ben Snider says investors should not be anxious. He expects S&P 500 companies to report double-digit earnings growth starting next week. He also talks about the AI trade on "Bloomberg Open Interest."
Goldman Sachs Group has emerged as the lead bidder to acquire a credit manager that oversees $37 billion as the bank revs up its dealmaking pace. Sridhar Natarajan reports on "Bloomberg Open Interest."
Alibaba Group Holding is rolling out what it calls China's most powerful AI chip, an accelerator to compete with Nvidia. Ed Ludlow reports on "Bloomberg Open Interest."
Ecuador is asking the US "every day" for more help fighting a cocaine trade President Daniel Noboa estimates is worth $30 billion a year. In an interview with Bloomberg Television's Francine Lacqua in New York on Sept. 21, Noboa said Ecuador is "going after the big fish" and needs help from the US and Europe. He says about 1,200 tons of cocaine move through Ecuador each year, with roughly 80% destined for the US and Europe. But Noboa says Ecuador will remain in charge of all operations, saying the country would "never give a blank check to any country."
Kallum Pickering, Peel Hunt Chief Economist, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the risks around rising debt-fueled growth.
European countries need to move away from their reliance on EU governing bodies to make decisions and take matters into their own hands says Cristina Caffarra, Founder and Chair of the Eurostack Initiative. She spoke to Bloomberg's Guy Johnson on 'The Pulse'.
Paul Sankey, president at Sankey Research, warns of oil market risk from tightness in US refining capacity as diesel reaches new record highs. Sankey discusses the effects of a potential US diesel export ban and the lingering impacts he sees for the global oil market through the end of this year and into 2027. He speaks on "Bloomberg Surveillance."
Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, explains the geopolitical and economic catalysts she sees stabilizing US Treasury yields. She speaks on "Bloomberg Surveillance."
Brent fell toward $99 a barrel, after tumbling over the previous four sessions. Oil erased earlier gains on a report that Iran could reopen the Strait of Hormuz if the US lifted a blockade of its ports. US President Donald Trump is set to address the United Nations General Assembly in New York later, and he may meet with his Iranian counterpart, Masoud Pezeshkian. Bloomberg's Will Kennedy breaks down the situation.
Anwiti Bahuguna, global co-chief investment officer at Northern Trust Asset Management, discusses the artificial intelligence trade, and says US stocks are undervalued based on the earnings picture. "You buy more stocks in that environment," she tells Bloomberg Television.
